How Much Can Solar Save in Paw Paw?
Real numbers based on current ComEd rates and Illinois incentives.
$139
Current Bill/mo
$140
Est. Lease + Battery
5.4 yrs
Payback Period
$47,689
25-Year Savings
What You're Paying Now
Without solar, here's what ComEd electricity will cost you over time at 6% annual rate increases.
Monthly Bill
$139
Annual Cost
$1,668
25-Year Cost (No Solar)
$91,514
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in Paw Paw
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $139/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$13/mo |
| 5-Year Cost | $9,007 | $6,300 |
| 25-Year Cost | $91,514 | $43,825 |
| Rate Control | None — utility sets rates | Fixed at $0.10/kWh (avg.) for 15 years |
| Home Value Impact | None | +$15,000–$25,000 (tax-exempt) |
Your Solar Savings Over Time
Estimated 25-Year Total Savings
$47,689
Without Solar
With Solar
Year 1Payback Year
$1,668
$1,510
Year 5
$9,403
$956
Year 10
$21,986
$9,504
Year 15
$38,824
$19,149
Year 20
$61,358
$30,367
Year 25
$91,514
$43,825
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,668 | $1,510 | $158 |
| Year 2 | $3,436 | -$3,792 | $7,228 |
| Year 3 | $5,310 | -$2,236 | $7,546 |
| Year 4 | $7,297 | -$654 | $7,951 |
| Year 5 | $9,403 | $956 | $8,447 |
| Year 6 | $11,635 | $2,596 | $9,039 |
| Year 7 | $14,001 | $4,268 | $9,733 |
| Year 8 | $16,509 | $5,975 | $10,534 |
| Year 9 | $19,168 | $7,719 | $11,448 |
| Year 10 | $21,986 | $9,504 | $12,481 |
| Year 11 | $24,973 | $11,333 | $13,640 |
| Year 12 | $28,139 | $13,208 | $14,931 |
| Year 13 | $31,495 | $15,133 | $16,363 |
| Year 14 | $35,053 | $17,112 | $17,941 |
| Year 15 | $38,824 | $19,149 | $19,675 |
| Year 16 | $42,822 | $21,249 | $21,573 |
| Year 17 | $47,059 | $23,415 | $23,644 |
| Year 18 | $51,551 | $25,653 | $25,897 |
| Year 19 | $56,312 | $27,969 | $28,343 |
| Year 20 | $61,358 | $30,367 | $30,992 |
| Year 21 | $66,708 | $32,853 | $33,854 |
| Year 22 | $72,378 | $35,435 | $36,943 |
| Year 23 | $78,389 | $38,120 | $40,269 |
| Year 24 | $84,760 | $40,913 | $43,847 |
| Year 25 | $91,514 | $43,825 | $47,689 |
Start Saving in Paw Paw
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