How Much Can Solar Save in Round Lake Heights?

Real numbers based on current ComEd rates and Illinois incentives.

$155
Current Bill/mo
$149
Est. Lease + Battery
6.2 yrs
Payback Period
$49,502
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

$155

Annual Cost

$1,860

25-Year Cost (No Solar)

$102,048

Your Solar Investment

8 kW System

$23,200

$11,690

After All IL Incentives

DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$9,110

With vs Without Solar in Round Lake Heights

MetricWithout SolarWith Solar
Monthly Cost$155/mo$140/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-5/mo
5-Year Cost$10,044$8,400
25-Year Cost$102,048$52,546
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

$49,502

Without Solar
With Solar
Year 1
$1,860
$1,925
Year 2Payback Year
$3,832
-$5,237
Year 5
$10,485
$765
Year 10
$24,516
$11,430
Year 15
$43,293
$23,242
Year 20
$68,421
$36,709
Year 25
$102,048
$52,546
YearWithout SolarWith SolarCumulative Savings
Year 1$1,860$1,925-$65
Year 2Payback$3,832-$5,237$9,068
Year 3$5,921-$3,263$9,185
Year 4$8,137-$1,264$9,400
Year 5$10,485$765$9,720
Year 6$12,974$2,825$10,149
Year 7$15,613$4,919$10,693
Year 8$18,409$7,049$11,360
Year 9$21,374$9,218$12,155
Year 10$24,516$11,430$13,086
Year 11$27,847$13,687$14,161
Year 12$31,378$15,992$15,386
Year 13$35,121$18,351$16,770
Year 14$39,088$20,766$18,322
Year 15$43,293$23,242$20,051
Year 16$47,751$25,783$21,967
Year 17$52,476$28,395$24,080
Year 18$57,485$31,083$26,401
Year 19$62,794$33,852$28,941
Year 20$68,421$36,709$31,712
Year 21$74,386$39,659$34,727
Year 22$80,710$42,711$37,999
Year 23$87,412$45,870$41,542
Year 24$94,517$49,146$45,371
Year 25$102,048$52,546$49,502

Start Saving in Round Lake Heights

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