How Much Can Solar Save in Sterling?
Real numbers based on current ComEd rates and Illinois incentives.
$128
Current Bill/mo
$133
Est. Lease + Battery
5.5 yrs
Payback Period
$43,498
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
$128
Annual Cost
$1,536
25-Year Cost (No Solar)
$84,272
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 Sterling
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $128/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$12/mo |
| 5-Year Cost | $8,294 | $5,820 |
| 25-Year Cost | $84,272 | $40,774 |
| 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
$43,498
Without Solar
With Solar
Year 1Payback Year
$1,536
$1,395
Year 5
$8,659
$940
Year 10
$20,246
$8,860
Year 15
$35,752
$17,812
Year 20
$56,503
$28,242
Year 25
$84,272
$40,774
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,536 | $1,395 | $141 |
| Year 2 | $3,164 | -$3,452 | $6,616 |
| Year 3 | $4,890 | -$2,013 | $6,903 |
| Year 4 | $6,719 | -$550 | $7,269 |
| Year 5 | $8,659 | $940 | $7,719 |
| Year 6 | $10,714 | $2,458 | $8,256 |
| Year 7 | $12,893 | $4,007 | $8,886 |
| Year 8 | $15,203 | $5,588 | $9,615 |
| Year 9 | $17,651 | $7,205 | $10,446 |
| Year 10 | $20,246 | $8,860 | $11,386 |
| Year 11 | $22,996 | $10,555 | $12,441 |
| Year 12 | $25,912 | $12,295 | $13,617 |
| Year 13 | $29,003 | $14,082 | $14,921 |
| Year 14 | $32,279 | $15,920 | $16,359 |
| Year 15 | $35,752 | $17,812 | $17,940 |
| Year 16 | $39,433 | $19,763 | $19,670 |
| Year 17 | $43,335 | $21,776 | $21,559 |
| Year 18 | $47,471 | $23,857 | $23,614 |
| Year 19 | $51,855 | $26,011 | $25,845 |
| Year 20 | $56,503 | $28,242 | $28,261 |
| Year 21 | $61,429 | $30,556 | $30,873 |
| Year 22 | $66,651 | $32,960 | $33,691 |
| Year 23 | $72,186 | $35,459 | $36,726 |
| Year 24 | $78,053 | $38,061 | $39,991 |
| Year 25 | $84,272 | $40,774 | $43,498 |
Start Saving in Sterling
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