How Much Can Solar Save in Timberlane?

Real numbers based on current ComEd rates and Illinois incentives.

$198
Current Bill/mo
$169
Est. Lease + Battery
6 yrs
Payback Period
$64,024
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

$198

Annual Cost

$2,376

25-Year Cost (No Solar)

$130,358

Your Solar Investment

9.5 kW System

$27,550

$13,881

After All IL Incentives

DG Rebate ($300/kW)-$2,850
Illinois Shines RECs (lump sum, ~18 mo)-$10,819

With vs Without Solar in Timberlane

MetricWithout SolarWith Solar
Monthly Cost$198/mo$167/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$2/mo
5-Year Cost$12,830$10,020
25-Year Cost$130,358$66,334
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$64,024

Without Solar
With Solar
Year 1Payback Year
$2,376
$2,351
Year 5
$13,394
$1,277
Year 10
$31,318
$14,454
Year 15
$55,304
$29,192
Year 20
$87,403
$46,168
Year 25
$130,358
$66,334
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$2,376$2,351$25
Year 2$4,895-$6,086$10,981
Year 3$7,564-$3,670$11,234
Year 4$10,394-$1,216$11,610
Year 5$13,394$1,277$12,117
Year 6$16,573$3,813$12,761
Year 7$19,944$6,395$13,549
Year 8$23,516$9,026$14,490
Year 9$27,303$11,711$15,592
Year 10$31,318$14,454$16,864
Year 11$35,573$17,258$18,314
Year 12$40,083$20,129$19,954
Year 13$44,864$23,071$21,793
Year 14$49,932$26,090$23,841
Year 15$55,304$29,192$26,112
Year 16$60,998$32,382$28,616
Year 17$67,034$35,668$31,366
Year 18$73,432$39,056$34,376
Year 19$80,214$42,553$37,661
Year 20$87,403$46,168$41,234
Year 21$95,023$49,910$45,113
Year 22$103,100$53,787$49,313
Year 23$111,662$57,810$53,852
Year 24$120,738$61,988$58,750
Year 25$130,358$66,334$64,024

Start Saving in Timberlane

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