Solar Savings Calculator for Joliet, IL
Homeowners in Joliet pay an average of $145/month for electricity through ComEd (Commonwealth Edison). With 4.1 peak sun hours per day, solar panels can significantly reduce your energy costs.
$145
Avg Monthly Bill
17.5¢/kWh
Electricity Rate
4.1h/day
Peak Sun Hours
$47,031
Est. 25-Year Savings
Calculate Your Savings in Joliet
Adjust Your Details for Joliet, IL
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Your Estimated Solar Savings
System Size
6.8 kW
Panel Count
17 panels
Total System Cost
$19,380
Federal Tax Credit (30%)
-$5,814
Net Cost
$13,566
Annual Savings
$1,740
Payback Period
7.8 years
25-Year Savings
$47,031
Return on Investment
347%
* Estimates based on 4.1 peak sun hours/day in Joliet, IL, system cost of $2.85/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Joliet
Utility & Permits
- Utility Company
- ComEd (Commonwealth Edison)
- Permit Cost
- $375
- Permit Timeline
- 3-5 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 6.8 kW
- Panel Count
- 17 panels
- Gross Cost
- $19,380
- Net Cost (after credits)
- $13,566
Available Incentives for Joliet, IL
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Illinois SREC (Adjustable Block Program)
Long-term contracts for Renewable Energy Credits through the Illinois Shines program.
Other Cities in Illinois
More Solar Tools for Joliet
Joliet Solar IncentivesAll available tax credits and rebatesJoliet Cost ComparisonSolar vs. grid costs over 25 yearsJoliet System SizingHow many panels your home needsJoliet Permits & RegulationsLocal permit requirementsIs Solar Worth It in Joliet?Data-driven analysis for your cityJoliet Financing OptionsCompare loans, leases, and PPAs
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