How Much Can Solar Save in Woodlawn?
Real numbers based on current ComEd rates and Illinois incentives.
$136
Current Bill/mo
$136
Est. Lease + Battery
5.7 yrs
Payback Period
$44,076
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
$136
Annual Cost
$1,632
25-Year Cost (No Solar)
$89,539
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 Woodlawn
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $136/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$7/mo |
| 5-Year Cost | $8,813 | $6,300 |
| 25-Year Cost | $89,539 | $45,463 |
| 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
$44,076
Without Solar
With Solar
Year 1Payback Year
$1,632
$1,545
Year 5
$9,200
$1,149
Year 10
$21,511
$9,942
Year 15
$37,986
$19,897
Year 20
$60,034
$31,508
Year 25
$89,539
$45,463
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,632 | $1,545 | $87 |
| Year 2 | $3,362 | -$3,720 | $7,082 |
| Year 3 | $5,196 | -$2,126 | $7,321 |
| Year 4 | $7,139 | -$503 | $7,643 |
| Year 5 | $9,200 | $1,149 | $8,051 |
| Year 6 | $11,384 | $2,833 | $8,551 |
| Year 7 | $13,699 | $4,551 | $9,147 |
| Year 8 | $16,153 | $6,307 | $9,845 |
| Year 9 | $18,754 | $8,103 | $10,651 |
| Year 10 | $21,511 | $9,942 | $11,569 |
| Year 11 | $24,434 | $11,826 | $12,607 |
| Year 12 | $27,532 | $13,761 | $13,771 |
| Year 13 | $30,816 | $15,748 | $15,068 |
| Year 14 | $34,297 | $17,792 | $16,505 |
| Year 15 | $37,986 | $19,897 | $18,089 |
| Year 16 | $41,898 | $22,068 | $19,829 |
| Year 17 | $46,043 | $24,309 | $21,734 |
| Year 18 | $50,438 | $26,626 | $23,812 |
| Year 19 | $55,096 | $29,024 | $26,073 |
| Year 20 | $60,034 | $31,508 | $28,526 |
| Year 21 | $65,268 | $34,085 | $31,183 |
| Year 22 | $70,816 | $36,762 | $34,055 |
| Year 23 | $76,697 | $39,545 | $37,152 |
| Year 24 | $82,931 | $42,443 | $40,488 |
| Year 25 | $89,539 | $45,463 | $44,076 |
Start Saving in Woodlawn
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