How Much Can Solar Save in Ransom?

Real numbers based on current ComEd rates and Illinois incentives.

$129

Current Bill/mo

$137

Est. Lease + Battery

25+ yrs

Years of Pure Profit

$47,505

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

$129

Annual Cost

$1,548

25-Year Cost (No Solar)

$84,930

Your Solar Investment

6 kW System

$16,500

$6,897

After All IL Incentives

DG Rebate ($300/kW)-$1,800

Illinois Shines RECs (lump sum, ~18 mo)-$7,803

With vs Without Solar in Ransom

Metric	Without Solar	With Solar
Monthly Cost	$129/mo	$99/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$14/mo
5-Year Cost	$8,359	$5,940
25-Year Cost	$84,930	$37,425
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

$47,505

Without Solar

With Solar

Year 1Profit Starts Here

$1,548

$1,375

Year 5

$8,726

-$729

Year 10

$20,404

$6,975

Year 15

$36,031

$15,599

Year 20

$56,944

$25,555

Year 25

$84,930

$37,425

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$1,548	$1,375	$173
Year 2	$3,189	-$5,035	$8,223
Year 3	$4,928	-$3,621	$8,550
Year 4	$6,772	-$2,187	$8,959
Year 5	$8,726	-$729	$9,455
Year 6	$10,798	$753	$10,045
Year 7	$12,994	$2,263	$10,731
Year 8	$15,321	$3,801	$11,520
Year 9	$17,789	$5,371	$12,417
Year 10	$20,404	$6,975	$13,429
Year 11	$23,176	$8,615	$14,561
Year 12	$26,115	$10,294	$15,821
Year 13	$29,230	$12,016	$17,214
Year 14	$32,531	$13,783	$18,748
Year 15	$36,031	$15,599	$20,432
Year 16	$39,741	$17,468	$22,273
Year 17	$43,674	$19,394	$24,280
Year 18	$47,842	$21,380	$26,462
Year 19	$52,260	$23,433	$28,828
Year 20	$56,944	$25,555	$31,389
Year 21	$61,909	$27,754	$34,155
Year 22	$67,171	$30,034	$37,137
Year 23	$72,750	$32,401	$40,348
Year 24	$78,663	$34,863	$43,800
Year 25	$84,930	$37,425	$47,505

Calculate YOUR Savings

Enter your actual ComEd bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Ransom

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Ransom

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

Or call (618) 217-2001|Info@ltdsolarconsulting.com