How Much Can Solar Save in Wood Dale?
Real numbers based on current ComEd rates and Illinois incentives.
$180
Current Bill/mo
$159
Est. Lease + Battery
5.6 yrs
Payback Period
$59,658
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
$180
Annual Cost
$2,160
25-Year Cost (No Solar)
$118,507
Your Solar Investment
8 kW System
$23,200
$11,690
After All IL Incentives
DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$9,110
With vs Without Solar in Wood Dale
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $180/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $11,664 | $8,400 |
| 25-Year Cost | $118,507 | $58,849 |
| 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
$59,658
Without Solar
With Solar
Year 1Payback Year
$2,160
$2,026
Year 5
$12,176
$1,344
Year 10
$28,471
$12,821
Year 15
$50,276
$25,767
Year 20
$79,457
$40,815
Year 25
$118,507
$58,849
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,160 | $2,026 | $134 |
| Year 2 | $4,450 | -$5,028 | $9,478 |
| Year 3 | $6,877 | -$2,940 | $9,816 |
| Year 4 | $9,449 | -$817 | $10,266 |
| Year 5 | $12,176 | $1,344 | $10,832 |
| Year 6 | $15,067 | $3,546 | $11,521 |
| Year 7 | $18,131 | $5,790 | $12,340 |
| Year 8 | $21,379 | $8,082 | $13,296 |
| Year 9 | $24,821 | $10,424 | $14,397 |
| Year 10 | $28,471 | $12,821 | $15,650 |
| Year 11 | $32,339 | $15,275 | $17,064 |
| Year 12 | $36,439 | $17,792 | $18,647 |
| Year 13 | $40,785 | $20,376 | $20,409 |
| Year 14 | $45,393 | $23,033 | $22,360 |
| Year 15 | $50,276 | $25,767 | $24,509 |
| Year 16 | $55,453 | $28,584 | $26,868 |
| Year 17 | $60,940 | $31,491 | $29,449 |
| Year 18 | $66,756 | $34,493 | $32,263 |
| Year 19 | $72,922 | $37,599 | $35,323 |
| Year 20 | $79,457 | $40,815 | $38,642 |
| Year 21 | $86,384 | $44,149 | $42,236 |
| Year 22 | $93,727 | $47,610 | $46,118 |
| Year 23 | $101,511 | $51,207 | $50,304 |
| Year 24 | $109,762 | $54,950 | $54,812 |
| Year 25 | $118,507 | $58,849 | $59,658 |
Start Saving in Wood Dale
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