How Much Can Solar Save in Pingree Grove?

Real numbers based on current ComEd rates and Illinois incentives.

$184
Current Bill/mo
$160
Est. Lease + Battery
7.9 yrs
Payback Period
$45,692
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

$184

Annual Cost

$2,208

25-Year Cost (No Solar)

$121,141

Your Solar Investment

11.5 kW System

$33,350

$17,793

After All IL Incentives

DG Rebate ($300/kW)-$3,450
Illinois Shines RECs (lump sum, ~18 mo)-$12,107

With vs Without Solar in Pingree Grove

MetricWithout SolarWith Solar
Monthly Cost$184/mo$202/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-48/mo
5-Year Cost$11,923$12,120
25-Year Cost$121,141$75,449
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

$45,692

Without Solar
With Solar
Year 1
$2,208
$2,782
Year 2Payback Year
$4,548
-$6,511
Year 5
$12,447
$2,144
Year 10
$29,103
$17,458
Year 15
$51,393
$34,302
Year 20
$81,223
$53,327
Year 25
$121,141
$75,449
YearWithout SolarWith SolarCumulative Savings
Year 1$2,208$2,782-$574
Year 2Payback$4,548-$6,511$11,059
Year 3$7,029-$3,663$10,693
Year 4$9,659-$780$10,439
Year 5$12,447$2,144$10,303
Year 6$15,402$5,109$10,293
Year 7$18,534$8,119$10,414
Year 8$21,854$11,179$10,675
Year 9$25,373$14,290$11,082
Year 10$29,103$17,458$11,645
Year 11$33,057$20,687$12,370
Year 12$37,249$23,981$13,268
Year 13$41,692$27,344$14,347
Year 14$46,401$30,783$15,618
Year 15$51,393$34,302$17,091
Year 16$56,685$37,908$18,777
Year 17$62,294$41,606$20,688
Year 18$68,240$45,404$22,836
Year 19$74,542$49,308$25,234
Year 20$81,223$53,327$27,896
Year 21$88,304$57,469$30,835
Year 22$95,810$61,742$34,068
Year 23$103,767$66,156$37,611
Year 24$112,201$70,722$41,479
Year 25$121,141$75,449$45,692

Start Saving in Pingree Grove

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ComEd rates projected to rise again next year. Lock in savings now.