How Much Can Solar Save in University Park?
Real numbers based on current ComEd rates and Illinois incentives.
$135
Current Bill/mo
$136
Est. Lease + Battery
5.7 yrs
Payback Period
$44,420
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
$135
Annual Cost
$1,620
25-Year Cost (No Solar)
$88,881
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in University Park
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $135/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $8,748 | $6,300 |
| 25-Year Cost | $88,881 | $44,461 |
| 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
$44,420
Without Solar
With Solar
Year 1Payback Year
$1,620
$1,526
Year 5
$9,132
$1,043
Year 10
$21,353
$9,697
Year 15
$37,707
$19,467
Year 20
$59,593
$30,832
Year 25
$88,881
$44,461
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,620 | $1,526 | $94 |
| Year 2 | $3,337 | -$3,759 | $7,096 |
| Year 3 | $5,157 | -$2,185 | $7,343 |
| Year 4 | $7,087 | -$585 | $7,672 |
| Year 5 | $9,132 | $1,043 | $8,089 |
| Year 6 | $11,300 | $2,703 | $8,597 |
| Year 7 | $13,598 | $4,395 | $9,203 |
| Year 8 | $16,034 | $6,123 | $9,911 |
| Year 9 | $18,616 | $7,889 | $10,727 |
| Year 10 | $21,353 | $9,697 | $11,656 |
| Year 11 | $24,254 | $11,549 | $12,705 |
| Year 12 | $27,329 | $13,448 | $13,881 |
| Year 13 | $30,589 | $15,398 | $15,191 |
| Year 14 | $34,044 | $17,403 | $16,641 |
| Year 15 | $37,707 | $19,467 | $18,240 |
| Year 16 | $41,589 | $21,594 | $19,995 |
| Year 17 | $45,705 | $23,789 | $21,916 |
| Year 18 | $50,067 | $26,057 | $24,010 |
| Year 19 | $54,691 | $28,403 | $26,289 |
| Year 20 | $59,593 | $30,832 | $28,761 |
| Year 21 | $64,788 | $33,351 | $31,437 |
| Year 22 | $70,296 | $35,966 | $34,329 |
| Year 23 | $76,133 | $38,685 | $37,448 |
| Year 24 | $82,321 | $41,514 | $40,808 |
| Year 25 | $88,881 | $44,461 | $44,420 |
Start Saving in University Park
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