How Much Can Solar Save in South Beloit?
Real numbers based on current ComEd rates and Illinois incentives.
$143
Current Bill/mo
$140
Est. Lease + Battery
5.4 yrs
Payback Period
$48,580
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
$143
Annual Cost
$1,716
25-Year Cost (No Solar)
$94,148
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in South Beloit
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $143/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$15/mo |
| 5-Year Cost | $9,266 | $6,300 |
| 25-Year Cost | $94,148 | $45,568 |
| 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
$48,580
Without Solar
With Solar
Year 1Payback Year
$1,716
$1,540
Year 5
$9,673
$1,129
Year 10
$22,618
$9,912
Year 15
$39,942
$19,876
Year 20
$63,124
$31,525
Year 25
$94,148
$45,568
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,716 | $1,540 | $176 |
| Year 2 | $3,535 | -$3,729 | $7,264 |
| Year 3 | $5,463 | -$2,138 | $7,601 |
| Year 4 | $7,507 | -$520 | $8,027 |
| Year 5 | $9,673 | $1,129 | $8,544 |
| Year 6 | $11,970 | $2,810 | $9,160 |
| Year 7 | $14,404 | $4,526 | $9,878 |
| Year 8 | $16,984 | $6,280 | $10,704 |
| Year 9 | $19,719 | $8,074 | $11,645 |
| Year 10 | $22,618 | $9,912 | $12,706 |
| Year 11 | $25,691 | $11,797 | $13,895 |
| Year 12 | $28,949 | $13,731 | $15,217 |
| Year 13 | $32,402 | $15,720 | $16,682 |
| Year 14 | $36,062 | $17,767 | $18,295 |
| Year 15 | $39,942 | $19,876 | $20,066 |
| Year 16 | $44,054 | $22,051 | $22,003 |
| Year 17 | $48,413 | $24,299 | $24,115 |
| Year 18 | $53,034 | $26,623 | $26,411 |
| Year 19 | $57,932 | $29,030 | $28,903 |
| Year 20 | $63,124 | $31,525 | $31,599 |
| Year 21 | $68,628 | $34,115 | $34,513 |
| Year 22 | $74,461 | $36,806 | $37,655 |
| Year 23 | $80,645 | $39,607 | $41,038 |
| Year 24 | $87,200 | $42,525 | $44,675 |
| Year 25 | $94,148 | $45,568 | $48,580 |
Start Saving in South Beloit
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