How Much Can Solar Save in River Grove?
Real numbers based on current ComEd rates and Illinois incentives.
$168
Current Bill/mo
$151
Est. Lease + Battery
5.8 yrs
Payback Period
$53,665
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
$168
Annual Cost
$2,016
25-Year Cost (No Solar)
$110,607
Your Solar Investment
7.5 kW System
$21,750
$10,959
After All IL Incentives
DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$8,541
With vs Without Solar in River Grove
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $168/mo | $132/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$7/mo |
| 5-Year Cost | $10,886 | $7,920 |
| 25-Year Cost | $110,607 | $56,942 |
| 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
$53,665
Without Solar
With Solar
Year 1Payback Year
$2,016
$1,935
Year 5
$11,364
$1,457
Year 10
$26,572
$12,472
Year 15
$46,924
$24,941
Year 20
$74,160
$39,478
Year 25
$110,607
$56,942
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,016 | $1,935 | $81 |
| Year 2 | $4,153 | -$4,641 | $8,794 |
| Year 3 | $6,418 | -$2,644 | $9,062 |
| Year 4 | $8,819 | -$612 | $9,431 |
| Year 5 | $11,364 | $1,457 | $9,907 |
| Year 6 | $14,062 | $3,567 | $10,495 |
| Year 7 | $16,922 | $5,720 | $11,202 |
| Year 8 | $19,953 | $7,919 | $12,034 |
| Year 9 | $23,166 | $10,169 | $12,998 |
| Year 10 | $26,572 | $12,472 | $14,100 |
| Year 11 | $30,183 | $14,833 | $15,350 |
| Year 12 | $34,010 | $17,255 | $16,754 |
| Year 13 | $38,066 | $19,744 | $18,322 |
| Year 14 | $42,366 | $22,304 | $20,062 |
| Year 15 | $46,924 | $24,941 | $21,983 |
| Year 16 | $51,756 | $27,660 | $24,096 |
| Year 17 | $56,877 | $30,466 | $26,411 |
| Year 18 | $62,306 | $33,367 | $28,939 |
| Year 19 | $68,060 | $36,368 | $31,692 |
| Year 20 | $74,160 | $39,478 | $34,682 |
| Year 21 | $80,625 | $42,704 | $37,921 |
| Year 22 | $87,479 | $46,054 | $41,425 |
| Year 23 | $94,744 | $49,538 | $45,206 |
| Year 24 | $102,444 | $53,164 | $49,281 |
| Year 25 | $110,607 | $56,942 | $53,665 |
Start Saving in River Grove
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