How Much Can Solar Save in Streamwood?
Real numbers based on current ComEd rates and Illinois incentives.
$169
Current Bill/mo
$156
Est. Lease + Battery
8.3 yrs
Payback Period
$41,160
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
$169
Annual Cost
$2,028
25-Year Cost (No Solar)
$111,265
Your Solar Investment
11.5 kW System
$33,350
$17,793
After All IL Incentives
DG Rebate ($300/kW)-$3,450
Illinois Shines RECs (lump sum, ~18 mo)-$12,107
With vs Without Solar in Streamwood
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $169/mo | $202/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-55/mo |
| 5-Year Cost | $10,951 | $12,120 |
| 25-Year Cost | $111,265 | $70,105 |
| 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
$41,160
Without Solar
With Solar
Year 1
$2,028
$2,691
Year 2Payback Year
$4,178
-$6,699
Year 5
$11,432
$1,625
Year 10
$26,731
$16,230
Year 15
$47,204
$32,101
Year 20
$74,601
$49,798
Year 25
$111,265
$70,105
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,028 | $2,691 | -$663 |
| Year 2Payback | $4,178 | -$6,699 | $10,877 |
| Year 3 | $6,456 | -$3,955 | $10,411 |
| Year 4 | $8,872 | -$1,181 | $10,053 |
| Year 5 | $11,432 | $1,625 | $9,807 |
| Year 6 | $14,146 | $4,466 | $9,680 |
| Year 7 | $17,023 | $7,343 | $9,679 |
| Year 8 | $20,072 | $10,261 | $9,811 |
| Year 9 | $23,304 | $13,222 | $10,082 |
| Year 10 | $26,731 | $16,230 | $10,501 |
| Year 11 | $30,362 | $19,288 | $11,075 |
| Year 12 | $34,212 | $22,399 | $11,813 |
| Year 13 | $38,293 | $25,569 | $12,724 |
| Year 14 | $42,619 | $28,802 | $13,817 |
| Year 15 | $47,204 | $32,101 | $15,102 |
| Year 16 | $52,064 | $35,473 | $16,591 |
| Year 17 | $57,216 | $38,923 | $18,293 |
| Year 18 | $62,677 | $42,456 | $20,221 |
| Year 19 | $68,465 | $46,079 | $22,387 |
| Year 20 | $74,601 | $49,798 | $24,803 |
| Year 21 | $81,105 | $53,620 | $27,485 |
| Year 22 | $88,000 | $57,554 | $30,446 |
| Year 23 | $95,308 | $61,607 | $33,701 |
| Year 24 | $103,054 | $65,787 | $37,267 |
| Year 25 | $111,265 | $70,105 | $41,160 |
Start Saving in Streamwood
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