How Much Can Solar Save in Savanna?
Real numbers based on current ComEd rates and Illinois incentives.
$116
Current Bill/mo
$127
Est. Lease + Battery
5.6 yrs
Payback Period
$38,104
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
$116
Annual Cost
$1,392
25-Year Cost (No Solar)
$76,371
Your Solar Investment
5 kW System
$14,500
$7,306
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,694
With vs Without Solar in Savanna
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $116/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $7,517 | $5,280 |
| 25-Year Cost | $76,371 | $38,267 |
| 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
$38,104
Without Solar
With Solar
Year 1Payback Year
$1,392
$1,292
Year 5
$7,847
$987
Year 10
$18,348
$8,360
Year 15
$32,400
$16,723
Year 20
$51,206
$26,496
Year 25
$76,371
$38,268
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,392 | $1,292 | $100 |
| Year 2 | $2,868 | -$3,089 | $5,957 |
| Year 3 | $4,432 | -$1,755 | $6,186 |
| Year 4 | $6,089 | -$396 | $6,486 |
| Year 5 | $7,847 | $987 | $6,860 |
| Year 6 | $9,710 | $2,398 | $7,311 |
| Year 7 | $11,684 | $3,839 | $7,845 |
| Year 8 | $13,777 | $5,311 | $8,466 |
| Year 9 | $15,996 | $6,817 | $9,179 |
| Year 10 | $18,348 | $8,360 | $9,988 |
| Year 11 | $20,841 | $9,942 | $10,899 |
| Year 12 | $23,483 | $11,566 | $11,917 |
| Year 13 | $26,284 | $13,235 | $13,049 |
| Year 14 | $29,253 | $14,953 | $14,300 |
| Year 15 | $32,400 | $16,723 | $15,677 |
| Year 16 | $35,736 | $18,549 | $17,187 |
| Year 17 | $39,272 | $20,435 | $18,838 |
| Year 18 | $43,021 | $22,385 | $20,636 |
| Year 19 | $46,994 | $24,404 | $22,590 |
| Year 20 | $51,206 | $26,496 | $24,709 |
| Year 21 | $55,670 | $28,668 | $27,002 |
| Year 22 | $60,402 | $30,925 | $29,477 |
| Year 23 | $65,418 | $33,273 | $32,145 |
| Year 24 | $70,735 | $35,718 | $35,017 |
| Year 25 | $76,371 | $38,268 | $38,104 |
Start Saving in Savanna
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