How Much Can Solar Save in Paxton?
Real numbers based on current ComEd rates and Illinois incentives.
$131
Current Bill/mo
$134
Est. Lease + Battery
6.2 yrs
Payback Period
$40,352
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
$131
Annual Cost
$1,572
25-Year Cost (No Solar)
$86,247
Your Solar Investment
6.5 kW System
$18,850
$9,498
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$7,402
With vs Without Solar in Paxton
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $131/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-4/mo |
| 5-Year Cost | $8,489 | $6,840 |
| 25-Year Cost | $86,247 | $45,895 |
| 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
$40,352
Without Solar
With Solar
Year 1
$1,572
$1,622
Year 2Payback Year
$3,238
-$4,135
Year 5
$8,862
$950
Year 10
$20,720
$10,054
Year 15
$36,590
$20,240
Year 20
$57,827
$31,971
Year 25
$86,247
$45,895
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,572 | $1,622 | -$50 |
| Year 2Payback | $3,238 | -$4,135 | $7,373 |
| Year 3 | $5,005 | -$2,466 | $7,471 |
| Year 4 | $6,877 | -$772 | $7,649 |
| Year 5 | $8,862 | $950 | $7,912 |
| Year 6 | $10,965 | $2,701 | $8,264 |
| Year 7 | $13,195 | $4,485 | $8,710 |
| Year 8 | $15,559 | $6,304 | $9,255 |
| Year 9 | $18,064 | $8,159 | $9,905 |
| Year 10 | $20,720 | $10,054 | $10,666 |
| Year 11 | $23,535 | $11,992 | $11,543 |
| Year 12 | $26,520 | $13,976 | $12,543 |
| Year 13 | $29,683 | $16,010 | $13,673 |
| Year 14 | $33,036 | $18,097 | $14,939 |
| Year 15 | $36,590 | $20,240 | $16,350 |
| Year 16 | $40,357 | $22,445 | $17,912 |
| Year 17 | $44,351 | $24,716 | $19,635 |
| Year 18 | $48,584 | $27,057 | $21,527 |
| Year 19 | $53,071 | $29,473 | $23,597 |
| Year 20 | $57,827 | $31,971 | $25,856 |
| Year 21 | $62,869 | $34,556 | $28,313 |
| Year 22 | $68,213 | $37,233 | $30,979 |
| Year 23 | $73,877 | $40,011 | $33,866 |
| Year 24 | $79,882 | $42,896 | $36,986 |
| Year 25 | $86,247 | $45,895 | $40,352 |
Start Saving in Paxton
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