How Much Can Solar Save in Wheeling?
Real numbers based on current ComEd rates and Illinois incentives.
$167
Current Bill/mo
$152
Est. Lease + Battery
5.4 yrs
Payback Period
$57,052
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
$167
Annual Cost
$2,004
25-Year Cost (No Solar)
$109,948
Your Solar Investment
7 kW System
$20,300
$10,228
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,972
With vs Without Solar in Wheeling
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $167/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$18/mo |
| 5-Year Cost | $10,822 | $7,380 |
| 25-Year Cost | $109,948 | $52,896 |
| 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
$57,052
Without Solar
With Solar
Year 1Payback Year
$2,004
$1,791
Year 5
$11,297
$1,287
Year 10
$26,414
$11,496
Year 15
$46,645
$23,070
Year 20
$73,718
$36,596
Year 25
$109,948
$52,897
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,004 | $1,791 | $213 |
| Year 2 | $4,128 | -$4,361 | $8,489 |
| Year 3 | $6,380 | -$2,512 | $8,892 |
| Year 4 | $8,767 | -$630 | $9,397 |
| Year 5 | $11,297 | $1,287 | $10,010 |
| Year 6 | $13,979 | $3,242 | $10,737 |
| Year 7 | $16,821 | $5,236 | $11,585 |
| Year 8 | $19,835 | $7,275 | $12,560 |
| Year 9 | $23,029 | $9,360 | $13,669 |
| Year 10 | $26,414 | $11,496 | $14,919 |
| Year 11 | $30,003 | $13,685 | $16,318 |
| Year 12 | $33,807 | $15,933 | $17,874 |
| Year 13 | $37,840 | $18,243 | $19,596 |
| Year 14 | $42,114 | $20,621 | $21,493 |
| Year 15 | $46,645 | $23,070 | $23,575 |
| Year 16 | $51,448 | $25,597 | $25,851 |
| Year 17 | $56,539 | $28,206 | $28,332 |
| Year 18 | $61,935 | $30,905 | $31,030 |
| Year 19 | $67,655 | $33,700 | $33,955 |
| Year 20 | $73,718 | $36,596 | $37,122 |
| Year 21 | $80,145 | $39,603 | $40,542 |
| Year 22 | $86,958 | $42,728 | $44,230 |
| Year 23 | $94,180 | $45,979 | $48,201 |
| Year 24 | $101,834 | $49,365 | $52,469 |
| Year 25 | $109,948 | $52,897 | $57,052 |
Start Saving in Wheeling
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