How Much Can Solar Save in Woodland?
Real numbers based on current ComEd rates and Illinois incentives.
$121
Current Bill/mo
$129
Est. Lease + Battery
5.8 yrs
Payback Period
$39,089
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
$121
Annual Cost
$1,452
25-Year Cost (No Solar)
$79,663
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Woodland
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $121/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$5/mo |
| 5-Year Cost | $7,841 | $5,820 |
| 25-Year Cost | $79,663 | $40,574 |
| 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
$39,089
Without Solar
With Solar
Year 1Payback Year
$1,452
$1,398
Year 5
$8,185
$949
Year 10
$19,139
$8,865
Year 15
$33,797
$17,792
Year 20
$53,413
$28,160
Year 25
$79,663
$40,574
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,452 | $1,398 | $54 |
| Year 2 | $2,991 | -$3,447 | $6,438 |
| Year 3 | $4,623 | -$2,006 | $6,629 |
| Year 4 | $6,352 | -$542 | $6,893 |
| Year 5 | $8,185 | $949 | $7,236 |
| Year 6 | $10,128 | $2,468 | $7,660 |
| Year 7 | $12,188 | $4,016 | $8,172 |
| Year 8 | $14,371 | $5,597 | $8,774 |
| Year 9 | $16,685 | $7,213 | $9,473 |
| Year 10 | $19,139 | $8,865 | $10,273 |
| Year 11 | $21,739 | $10,558 | $11,181 |
| Year 12 | $24,495 | $12,294 | $12,201 |
| Year 13 | $27,417 | $14,076 | $13,341 |
| Year 14 | $30,514 | $15,907 | $14,607 |
| Year 15 | $33,797 | $17,792 | $16,005 |
| Year 16 | $37,277 | $19,734 | $17,543 |
| Year 17 | $40,965 | $21,737 | $19,228 |
| Year 18 | $44,875 | $23,806 | $21,069 |
| Year 19 | $49,020 | $25,945 | $23,074 |
| Year 20 | $53,413 | $28,160 | $25,252 |
| Year 21 | $58,069 | $30,456 | $27,613 |
| Year 22 | $63,006 | $32,839 | $30,166 |
| Year 23 | $68,238 | $35,315 | $32,922 |
| Year 24 | $73,784 | $37,891 | $35,893 |
| Year 25 | $79,663 | $40,574 | $39,089 |
Start Saving in Woodland
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