How Much Can Solar Save in Sibley?
Real numbers based on current ComEd rates and Illinois incentives.
$118
Current Bill/mo
$130
Est. Lease + Battery
5.7 yrs
Payback Period
$40,493
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
$118
Annual Cost
$1,416
25-Year Cost (No Solar)
$77,688
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 Sibley
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $118/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$7/mo |
| 5-Year Cost | $7,646 | $5,820 |
| 25-Year Cost | $77,688 | $37,195 |
| 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
$40,493
Without Solar
With Solar
Year 1Payback Year
$1,416
$1,334
Year 5
$7,982
$593
Year 10
$18,664
$8,036
Year 15
$32,959
$16,338
Year 20
$52,088
$25,878
Year 25
$77,688
$37,195
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,416 | $1,334 | $82 |
| Year 2 | $2,917 | -$3,578 | $6,495 |
| Year 3 | $4,508 | -$2,208 | $6,716 |
| Year 4 | $6,194 | -$819 | $7,013 |
| Year 5 | $7,982 | $593 | $7,390 |
| Year 6 | $9,877 | $2,027 | $7,850 |
| Year 7 | $11,886 | $3,487 | $8,399 |
| Year 8 | $14,015 | $4,973 | $9,042 |
| Year 9 | $16,272 | $6,489 | $9,783 |
| Year 10 | $18,664 | $8,036 | $10,628 |
| Year 11 | $21,200 | $9,618 | $11,582 |
| Year 12 | $23,888 | $11,236 | $12,652 |
| Year 13 | $26,737 | $12,893 | $13,844 |
| Year 14 | $29,757 | $14,593 | $15,165 |
| Year 15 | $32,959 | $16,338 | $16,621 |
| Year 16 | $36,352 | $18,132 | $18,220 |
| Year 17 | $39,949 | $19,979 | $19,970 |
| Year 18 | $43,762 | $21,883 | $21,879 |
| Year 19 | $47,804 | $23,848 | $23,956 |
| Year 20 | $52,088 | $25,878 | $26,210 |
| Year 21 | $56,630 | $27,979 | $28,651 |
| Year 22 | $61,443 | $30,155 | $31,288 |
| Year 23 | $66,546 | $32,412 | $34,134 |
| Year 24 | $71,955 | $34,757 | $37,198 |
| Year 25 | $77,688 | $37,195 | $40,493 |
Start Saving in Sibley
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