How Much Can Solar Save in Riverdale?
Real numbers based on current ComEd rates and Illinois incentives.
$126
Current Bill/mo
$132
Est. Lease + Battery
5.6 yrs
Payback Period
$41,450
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
$126
Annual Cost
$1,512
25-Year Cost (No Solar)
$82,955
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 Riverdale
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $126/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $8,165 | $5,820 |
| 25-Year Cost | $82,955 | $41,505 |
| 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
$41,450
Without Solar
With Solar
Year 1Payback Year
$1,512
$1,411
Year 5
$8,523
$1,029
Year 10
$19,929
$9,060
Year 15
$35,193
$18,153
Year 20
$55,620
$28,757
Year 25
$82,955
$41,506
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,512 | $1,411 | $101 |
| Year 2 | $3,115 | -$3,419 | $6,533 |
| Year 3 | $4,814 | -$1,962 | $6,776 |
| Year 4 | $6,614 | -$480 | $7,095 |
| Year 5 | $8,523 | $1,029 | $7,494 |
| Year 6 | $10,547 | $2,567 | $7,979 |
| Year 7 | $12,691 | $4,137 | $8,554 |
| Year 8 | $14,965 | $5,741 | $9,224 |
| Year 9 | $17,375 | $7,381 | $9,994 |
| Year 10 | $19,929 | $9,060 | $10,869 |
| Year 11 | $22,637 | $10,782 | $11,855 |
| Year 12 | $25,507 | $12,548 | $12,959 |
| Year 13 | $28,550 | $14,363 | $14,187 |
| Year 14 | $31,775 | $16,230 | $15,545 |
| Year 15 | $35,193 | $18,153 | $17,041 |
| Year 16 | $38,817 | $20,135 | $18,682 |
| Year 17 | $42,658 | $22,182 | $20,476 |
| Year 18 | $46,729 | $24,298 | $22,431 |
| Year 19 | $51,045 | $26,488 | $24,557 |
| Year 20 | $55,620 | $28,757 | $26,863 |
| Year 21 | $60,469 | $31,111 | $29,358 |
| Year 22 | $65,609 | $33,556 | $32,053 |
| Year 23 | $71,058 | $36,099 | $34,959 |
| Year 24 | $76,833 | $38,746 | $38,087 |
| Year 25 | $82,955 | $41,506 | $41,450 |
Start Saving in Riverdale
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