How Much Can Solar Save in Third Lake?
Real numbers based on current ComEd rates and Illinois incentives.
$191
Current Bill/mo
$166
Est. Lease + Battery
9.1 yrs
Payback Period
$39,039
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
$191
Annual Cost
$2,292
25-Year Cost (No Solar)
$125,749
Your Solar Investment
14.5 kW System
$42,050
$22,434
After All IL Incentives
DG Rebate ($300/kW)-$4,350
Illinois Shines RECs (lump sum, ~18 mo)-$15,266
With vs Without Solar in Third Lake
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $191/mo | $255/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-91/mo |
| 5-Year Cost | $12,377 | $15,300 |
| 25-Year Cost | $125,749 | $86,710 |
| 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
$39,039
Without Solar
With Solar
Year 1
$2,292
$3,381
Year 2Payback Year
$4,722
-$8,474
Year 5
$12,920
$1,962
Year 10
$30,210
$20,215
Year 15
$53,349
$39,950
Year 20
$84,313
$61,812
Year 25
$125,749
$86,711
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,292 | $3,381 | -$1,089 |
| Year 2Payback | $4,722 | -$8,474 | $13,196 |
| Year 3 | $7,297 | -$5,031 | $12,328 |
| Year 4 | $10,027 | -$1,553 | $11,580 |
| Year 5 | $12,920 | $1,962 | $10,958 |
| Year 6 | $15,987 | $5,519 | $10,469 |
| Year 7 | $19,239 | $9,119 | $10,120 |
| Year 8 | $22,685 | $12,765 | $9,920 |
| Year 9 | $26,338 | $16,463 | $9,875 |
| Year 10 | $30,210 | $20,215 | $9,995 |
| Year 11 | $34,315 | $24,026 | $10,289 |
| Year 12 | $38,666 | $27,900 | $10,766 |
| Year 13 | $43,278 | $31,842 | $11,436 |
| Year 14 | $48,167 | $35,857 | $12,310 |
| Year 15 | $53,349 | $39,950 | $13,399 |
| Year 16 | $58,841 | $44,127 | $14,714 |
| Year 17 | $64,664 | $48,396 | $16,268 |
| Year 18 | $70,836 | $52,761 | $18,075 |
| Year 19 | $77,378 | $57,230 | $20,147 |
| Year 20 | $84,313 | $61,812 | $22,500 |
| Year 21 | $91,663 | $66,514 | $25,149 |
| Year 22 | $99,455 | $71,345 | $28,110 |
| Year 23 | $107,714 | $76,315 | $31,399 |
| Year 24 | $116,469 | $81,433 | $35,036 |
| Year 25 | $125,749 | $86,711 | $39,039 |
Start Saving in Third Lake
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.