How Much Can Solar Save in Schaumburg?
Real numbers based on current ComEd rates and Illinois incentives.
$187
Current Bill/mo
$162
Est. Lease + Battery
6.1 yrs
Payback Period
$58,934
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
$187
Annual Cost
$2,244
25-Year Cost (No Solar)
$123,116
Your Solar Investment
9 kW System
$26,100
$13,151
After All IL Incentives
DG Rebate ($300/kW)-$2,700
Illinois Shines RECs (lump sum, ~18 mo)-$10,249
With vs Without Solar in Schaumburg
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $187/mo | $158/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-1/mo |
| 5-Year Cost | $12,118 | $9,480 |
| 25-Year Cost | $123,116 | $64,182 |
| 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
$58,934
Without Solar
With Solar
Year 1
$2,244
$2,254
Year 2Payback Year
$4,623
-$5,710
Year 5
$12,650
$1,359
Year 10
$29,578
$14,036
Year 15
$52,231
$28,249
Year 20
$82,547
$44,657
Year 25
$123,116
$64,182
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,244 | $2,254 | -$10 |
| Year 2Payback | $4,623 | -$5,710 | $10,333 |
| Year 3 | $7,144 | -$3,391 | $10,535 |
| Year 4 | $9,817 | -$1,035 | $10,852 |
| Year 5 | $12,650 | $1,359 | $11,290 |
| Year 6 | $15,653 | $3,797 | $11,856 |
| Year 7 | $18,836 | $6,279 | $12,556 |
| Year 8 | $22,210 | $8,811 | $13,399 |
| Year 9 | $25,787 | $11,395 | $14,391 |
| Year 10 | $29,578 | $14,036 | $15,541 |
| Year 11 | $33,596 | $16,738 | $16,858 |
| Year 12 | $37,856 | $19,505 | $18,351 |
| Year 13 | $42,372 | $22,343 | $20,029 |
| Year 14 | $47,158 | $25,256 | $21,902 |
| Year 15 | $52,231 | $28,249 | $23,982 |
| Year 16 | $57,609 | $31,330 | $26,279 |
| Year 17 | $63,310 | $34,504 | $28,805 |
| Year 18 | $69,352 | $37,779 | $31,574 |
| Year 19 | $75,757 | $41,160 | $34,597 |
| Year 20 | $82,547 | $44,657 | $37,890 |
| Year 21 | $89,744 | $48,277 | $41,466 |
| Year 22 | $97,372 | $52,030 | $45,342 |
| Year 23 | $105,459 | $55,925 | $49,534 |
| Year 24 | $114,030 | $59,972 | $54,058 |
| Year 25 | $123,116 | $64,182 | $58,934 |
Start Saving in Schaumburg
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