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

20+ yrs

Years of Pure Profit

$39,200

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

$39,875

$24,504

After All IL Incentives

DG Rebate ($300/kW)-$4,350

Illinois Shines RECs (lump sum, ~18 mo)-$11,021

With vs Without Solar in Third Lake

Metric	Without Solar	With Solar
Monthly Cost	$191/mo	$240/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	$-76/mo
5-Year Cost	$12,377	$14,400
25-Year Cost	$125,749	$86,549
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

$39,200

Without Solar

With Solar

Year 1

$2,292

$3,205

Year 2Profit Starts Here

$4,722

-$4,582

Year 5

$12,920

$5,326

Year 10

$30,210

$22,698

Year 15

$53,349

$41,552

Year 20

$84,313

$62,533

Year 25

$125,749

$86,550

Year	Without Solar	With Solar	Cumulative Savings
Year 1	$2,292	$3,205	-$913
Year 2Profit Starts	$4,722	-$4,582	$9,303
Year 3	$7,297	-$1,315	$8,612
Year 4	$10,027	$1,987	$8,040
Year 5	$12,920	$5,326	$7,594
Year 6	$15,987	$8,706	$7,281
Year 7	$19,239	$12,130	$7,109
Year 8	$22,685	$15,601	$7,084
Year 9	$26,338	$19,122	$7,216
Year 10	$30,210	$22,698	$7,512
Year 11	$34,315	$26,333	$7,982
Year 12	$38,666	$30,030	$8,636
Year 13	$43,278	$33,796	$9,482
Year 14	$48,167	$37,634	$10,532
Year 15	$53,349	$41,552	$11,797
Year 16	$58,841	$45,553	$13,289
Year 17	$64,664	$49,645	$15,019
Year 18	$70,836	$53,834	$17,002
Year 19	$77,378	$58,127	$19,251
Year 20	$84,313	$62,533	$21,780
Year 21	$91,663	$67,058	$24,605
Year 22	$99,455	$71,713	$27,742
Year 23	$107,714	$76,507	$31,208
Year 24	$116,469	$81,449	$35,021
Year 25	$125,749	$86,550	$39,200

Calculate YOUR Savings

Enter your actual ComEd bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Third Lake

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Third Lake

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

Or call (618) 217-2001|Info@ltdsolarconsulting.com