How Much Can Solar Save in Riverside?
Real numbers based on current ComEd rates and Illinois incentives.
$236
Current Bill/mo
$189
Est. Lease + Battery
7.2 yrs
Payback Period
$66,709
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
$236
Annual Cost
$2,832
25-Year Cost (No Solar)
$155,376
Your Solar Investment
13.5 kW System
$39,150
$20,887
After All IL Incentives
DG Rebate ($300/kW)-$4,050
Illinois Shines RECs (lump sum, ~18 mo)-$14,213
With vs Without Solar in Riverside
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $236/mo | $237/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-35/mo |
| 5-Year Cost | $15,293 | $14,220 |
| 25-Year Cost | $155,376 | $88,667 |
| 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
$66,709
Without Solar
With Solar
Year 1
$2,832
$3,250
Year 2Payback Year
$5,834
-$7,677
Year 5
$15,964
$2,438
Year 10
$37,328
$20,359
Year 15
$65,918
$40,117
Year 20
$104,177
$62,511
Year 25
$155,376
$88,667
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,832 | $3,250 | -$418 |
| Year 2Payback | $5,834 | -$7,677 | $13,510 |
| Year 3 | $9,016 | -$4,350 | $13,366 |
| Year 4 | $12,389 | -$979 | $13,368 |
| Year 5 | $15,964 | $2,438 | $13,527 |
| Year 6 | $19,754 | $5,905 | $13,849 |
| Year 7 | $23,771 | $9,426 | $14,345 |
| Year 8 | $28,030 | $13,006 | $15,024 |
| Year 9 | $32,543 | $16,649 | $15,895 |
| Year 10 | $37,328 | $20,359 | $16,969 |
| Year 11 | $42,400 | $24,142 | $18,258 |
| Year 12 | $47,776 | $28,003 | $19,773 |
| Year 13 | $53,474 | $31,948 | $21,526 |
| Year 14 | $59,515 | $35,984 | $23,531 |
| Year 15 | $65,918 | $40,117 | $25,801 |
| Year 16 | $72,705 | $44,354 | $28,351 |
| Year 17 | $79,899 | $48,704 | $31,195 |
| Year 18 | $87,525 | $53,174 | $34,351 |
| Year 19 | $95,608 | $57,773 | $37,835 |
| Year 20 | $104,177 | $62,511 | $41,666 |
| Year 21 | $113,259 | $67,398 | $45,861 |
| Year 22 | $122,887 | $72,446 | $50,441 |
| Year 23 | $133,092 | $77,664 | $55,428 |
| Year 24 | $143,910 | $83,067 | $60,843 |
| Year 25 | $155,376 | $88,667 | $66,709 |
Start Saving in Riverside
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