How Much Can Solar Save in South Chicago Heights?
Real numbers based on current ComEd rates and Illinois incentives.
$133
Current Bill/mo
$135
Est. Lease + Battery
5.4 yrs
Payback Period
$44,607
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
$133
Annual Cost
$1,596
25-Year Cost (No Solar)
$87,564
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 South Chicago Heights
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $133/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$14/mo |
| 5-Year Cost | $8,618 | $5,820 |
| 25-Year Cost | $87,564 | $42,957 |
| 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
$44,607
Without Solar
With Solar
Year 1Payback Year
$1,596
$1,433
Year 5
$8,997
$1,157
Year 10
$21,037
$9,371
Year 15
$37,148
$18,722
Year 20
$58,710
$29,692
Year 25
$87,564
$42,957
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,596 | $1,433 | $163 |
| Year 2 | $3,288 | -$3,373 | $6,661 |
| Year 3 | $5,081 | -$1,891 | $6,972 |
| Year 4 | $6,982 | -$382 | $7,364 |
| Year 5 | $8,997 | $1,157 | $7,840 |
| Year 6 | $11,133 | $2,727 | $8,406 |
| Year 7 | $13,397 | $4,330 | $9,066 |
| Year 8 | $15,796 | $5,970 | $9,826 |
| Year 9 | $18,340 | $7,650 | $10,691 |
| Year 10 | $21,037 | $9,371 | $11,666 |
| Year 11 | $23,895 | $11,137 | $12,758 |
| Year 12 | $26,924 | $12,951 | $13,973 |
| Year 13 | $30,136 | $14,818 | $15,318 |
| Year 14 | $33,540 | $16,740 | $16,800 |
| Year 15 | $37,148 | $18,722 | $18,427 |
| Year 16 | $40,973 | $20,768 | $20,205 |
| Year 17 | $45,028 | $22,883 | $22,145 |
| Year 18 | $49,325 | $25,072 | $24,254 |
| Year 19 | $53,881 | $27,340 | $26,541 |
| Year 20 | $58,710 | $29,692 | $29,017 |
| Year 21 | $63,828 | $32,136 | $31,692 |
| Year 22 | $69,254 | $34,677 | $34,577 |
| Year 23 | $75,005 | $37,322 | $37,683 |
| Year 24 | $81,102 | $40,080 | $41,022 |
| Year 25 | $87,564 | $42,957 | $44,607 |
Start Saving in South Chicago Heights
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