How Much Can Solar Save in Phoenix?

Real numbers based on current ComEd rates and Illinois incentives.

$122
Current Bill/mo
$133
Est. Lease + Battery
5.5 yrs
Payback Period
$42,781
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

$122

Annual Cost

$1,464

25-Year Cost (No Solar)

$80,322

Your Solar Investment

5.5 kW System

$15,950

$8,037

After All IL Incentives

DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263

With vs Without Solar in Phoenix

MetricWithout SolarWith Solar
Monthly Cost$122/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$11/mo
5-Year Cost$7,906$5,820
25-Year Cost$80,322$37,541
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$42,781

Without Solar
With Solar
Year 1Payback Year
$1,464
$1,337
Year 5
$8,253
$613
Year 10
$19,297
$8,092
Year 15
$34,076
$16,451
Year 20
$53,854
$26,083
Year 25
$80,322
$37,541
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,464$1,337$127
Year 2$3,016-$3,571$6,587
Year 3$4,661-$2,198$6,858
Year 4$6,404-$804$7,208
Year 5$8,253$613$7,640
Year 6$10,212$2,053$8,159
Year 7$12,289$3,518$8,770
Year 8$14,490$5,012$9,478
Year 9$16,823$6,536$10,287
Year 10$19,297$8,092$11,205
Year 11$21,918$9,683$12,236
Year 12$24,698$11,311$13,387
Year 13$27,643$12,980$14,664
Year 14$30,766$14,692$16,074
Year 15$34,076$16,451$17,625
Year 16$37,585$18,261$19,324
Year 17$41,304$20,124$21,179
Year 18$45,246$22,046$23,200
Year 19$49,425$24,031$25,394
Year 20$53,854$26,083$27,771
Year 21$58,549$28,207$30,342
Year 22$63,526$30,409$33,117
Year 23$68,802$32,695$36,107
Year 24$74,394$35,070$39,324
Year 25$80,322$37,541$42,781

Start Saving in Phoenix

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