Solar Savings Calculator for Naperville, IL

Homeowners in Naperville pay an average of $155/month for electricity through ComEd (Commonwealth Edison). With 4.1 peak sun hours per day, solar panels can significantly reduce your energy costs.

$155
Avg Monthly Bill
17.5¢/kWh
Electricity Rate
4.1h/day
Peak Sun Hours
$50,413
Est. 25-Year Savings

Calculate Your Savings in Naperville

Adjust Your Details for Naperville, IL

$
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50¢

Your Estimated Solar Savings

System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$20,520
Federal Tax Credit (30%)
-$6,156
Net Cost
$14,364
Annual Savings
$1,860
Payback Period
7.7 years
25-Year Savings
$50,413
Return on Investment
351%

* Estimates based on 4.1 peak sun hours/day in Naperville, 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 Naperville

Utility & Permits

Utility Company
ComEd (Commonwealth Edison)
Permit Cost
$400
Permit Timeline
3-5 weeks
Net Metering
full

System Estimates

Recommended Size
7.2 kW
Panel Count
18 panels
Gross Cost
$20,520
Net Cost (after credits)
$14,364

Available Incentives for Naperville, 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.

30% of system cost

Illinois SREC (Adjustable Block Program)

Long-term contracts for Renewable Energy Credits through the Illinois Shines program.

$60-90 per REC (15-year contract)

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