How Much Can Solar Save in Verona?
Real numbers based on current ComEd rates and Illinois incentives.
$130
Current Bill/mo
$135
Est. Lease + Battery
5.8 yrs
Payback Period
$42,914
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
$130
Annual Cost
$1,560
25-Year Cost (No Solar)
$85,589
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 Verona
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $130/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$5/mo |
| 5-Year Cost | $8,424 | $6,300 |
| 25-Year Cost | $85,589 | $42,675 |
| 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
$42,914
Without Solar
With Solar
Year 1Payback Year
$1,560
$1,495
Year 5
$8,794
$870
Year 10
$20,562
$9,286
Year 15
$36,311
$18,731
Year 20
$57,386
$29,652
Year 25
$85,589
$42,674
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,560 | $1,495 | $65 |
| Year 2 | $3,214 | -$3,821 | $7,035 |
| Year 3 | $4,966 | -$2,283 | $7,249 |
| Year 4 | $6,824 | -$719 | $7,544 |
| Year 5 | $8,794 | $870 | $7,924 |
| Year 6 | $10,881 | $2,487 | $8,394 |
| Year 7 | $13,094 | $4,135 | $8,959 |
| Year 8 | $15,440 | $5,816 | $9,624 |
| Year 9 | $17,926 | $7,532 | $10,394 |
| Year 10 | $20,562 | $9,286 | $11,276 |
| Year 11 | $23,356 | $11,081 | $12,275 |
| Year 12 | $26,317 | $12,919 | $13,398 |
| Year 13 | $29,456 | $14,805 | $14,652 |
| Year 14 | $32,784 | $16,741 | $16,043 |
| Year 15 | $36,311 | $18,731 | $17,579 |
| Year 16 | $40,049 | $20,780 | $19,269 |
| Year 17 | $44,012 | $22,892 | $21,120 |
| Year 18 | $48,213 | $25,071 | $23,141 |
| Year 19 | $52,666 | $27,323 | $25,343 |
| Year 20 | $57,386 | $29,652 | $27,734 |
| Year 21 | $62,389 | $32,064 | $30,324 |
| Year 22 | $67,692 | $34,566 | $33,126 |
| Year 23 | $73,313 | $37,164 | $36,150 |
| Year 24 | $79,272 | $39,864 | $39,408 |
| Year 25 | $85,589 | $42,674 | $42,914 |
Start Saving in Verona
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