How Much Can Solar Save in Spring Grove?

Real numbers based on current ComEd rates and Illinois incentives.

$200
Current Bill/mo
$169
Est. Lease + Battery
6 yrs
Payback Period
$64,083
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

$200

Annual Cost

$2,400

25-Year Cost (No Solar)

$131,675

Your Solar Investment

9.5 kW System

$27,550

$13,881

After All IL Incentives

DG Rebate ($300/kW)-$2,850
Illinois Shines RECs (lump sum, ~18 mo)-$10,819

With vs Without Solar in Spring Grove

MetricWithout SolarWith Solar
Monthly Cost$200/mo$167/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$2/mo
5-Year Cost$12,960$10,020
25-Year Cost$131,675$67,592
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$64,083

Without Solar
With Solar
Year 1Payback Year
$2,400
$2,373
Year 5
$13,529
$1,406
Year 10
$31,634
$14,755
Year 15
$55,862
$29,725
Year 20
$88,285
$47,011
Year 25
$131,675
$67,591
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$2,400$2,373$27
Year 2$4,944-$6,039$10,983
Year 3$7,641-$3,597$11,237
Year 4$10,499-$1,116$11,615
Year 5$13,529$1,406$12,123
Year 6$16,741$3,972$12,769
Year 7$20,145$6,587$13,559
Year 8$23,754$9,253$14,501
Year 9$27,579$11,974$15,605
Year 10$31,634$14,755$16,879
Year 11$35,932$17,601$18,331
Year 12$40,488$20,515$19,973
Year 13$45,317$23,503$21,814
Year 14$50,436$26,571$23,865
Year 15$55,862$29,725$26,138
Year 16$61,614$32,970$28,644
Year 17$67,711$36,314$31,397
Year 18$74,174$39,763$34,411
Year 19$81,024$43,326$37,698
Year 20$88,285$47,011$41,275
Year 21$95,983$50,826$45,157
Year 22$104,141$54,781$49,360
Year 23$112,790$58,886$53,904
Year 24$121,957$63,153$58,805
Year 25$131,675$67,591$64,083

Start Saving in Spring Grove

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ComEd rates projected to rise again next year. Lock in savings now.