How Much Can Solar Save in Steger?
Real numbers based on current ComEd rates and Illinois incentives.
$133
Current Bill/mo
$138
Est. Lease + Battery
6.3 yrs
Payback Period
$42,273
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
7 kW System
$20,300
$10,228
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,972
With vs Without Solar in Steger
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $133/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-6/mo |
| 5-Year Cost | $8,618 | $7,380 |
| 25-Year Cost | $87,564 | $45,291 |
| 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
$42,273
Without Solar
With Solar
Year 1
$1,596
$1,674
Year 2Payback Year
$3,288
-$4,606
Year 5
$8,997
$605
Year 10
$21,037
$9,848
Year 15
$37,148
$20,060
Year 20
$58,710
$31,672
Year 25
$87,564
$45,291
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,596 | $1,674 | -$78 |
| Year 2Payback | $3,288 | -$4,606 | $7,893 |
| Year 3 | $5,081 | -$2,892 | $7,973 |
| Year 4 | $6,982 | -$1,155 | $8,137 |
| Year 5 | $8,997 | $605 | $8,391 |
| Year 6 | $11,133 | $2,393 | $8,740 |
| Year 7 | $13,397 | $4,208 | $9,189 |
| Year 8 | $15,796 | $6,054 | $9,742 |
| Year 9 | $18,340 | $7,933 | $10,407 |
| Year 10 | $21,037 | $9,848 | $11,188 |
| Year 11 | $23,895 | $11,801 | $12,093 |
| Year 12 | $26,924 | $13,796 | $13,129 |
| Year 13 | $30,136 | $15,835 | $14,301 |
| Year 14 | $33,540 | $17,922 | $15,618 |
| Year 15 | $37,148 | $20,060 | $17,088 |
| Year 16 | $40,973 | $22,254 | $18,719 |
| Year 17 | $45,028 | $24,508 | $20,520 |
| Year 18 | $49,325 | $26,825 | $22,500 |
| Year 19 | $53,881 | $29,212 | $24,669 |
| Year 20 | $58,710 | $31,672 | $27,038 |
| Year 21 | $63,828 | $34,212 | $29,616 |
| Year 22 | $69,254 | $36,837 | $32,417 |
| Year 23 | $75,005 | $39,554 | $35,451 |
| Year 24 | $81,102 | $42,370 | $38,732 |
| Year 25 | $87,564 | $45,291 | $42,273 |
Start Saving in Steger
Get a free, personalized solar analysis based on your actual ComEd bill and roof. Lease or own — we'll find the best option.
✓ $0 down lease available — save from day 1 with no upfront cost
ComEd rates projected to rise again next year. Lock in savings now.