Financial Incentives Listing

Financing Options and Improvements

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Save money on efficiency improvements with financing incentives, rebates and services.

Incentive Name
Incentive Type
Special rebate for Peoples Gas customers to replace your furnace and central air
Rebate
More info


Up to $650
Special rebate for Nicor customers to replace your furnace and central air
Rebate
More info

Through a partnership between Nicor Gas and ComEd, residential customers of both utilities are now eligible for cash rebates of up to $650 when installing both a qualifying new furnace and central air conditioning system.

Up to $650
Low Interest North Shore Gas On-Bill Financing for High-Efficiency Furnaces
Financing,Incentive
More info

A low-interest loan to purchase and install a high-efficiency furnace. Installments on your loan will be billed conveniently on your monthly North Shore Gas bill.

Loans of $500 to $20,000
Low Interest ComEd On-Bill Financing for Refrigerators
Financing
More info

The ComEd On-Bill Financing for Refrigerators program is a Utility Energy Efficiency Loan that provides eligible homeowners with special on-bill financing for the purchase of approved high-efficiency ENERGY STAR® refrigerators with an in-store advertised price of $1,200 or less plus tax, delivery and the replacement of a water hose, if needed, qualify for this program.

low-interest financing on refrigerators up to $1200
Low Interest Peoples Gas On-Bill Financing for High-Efficiency Furnaces
Financing
More info

A low-interest loan to purchase and install a high-efficiency furnace. Installments on your loan will be billed conveniently on your monthly Peoples Gas bill.

Loans of $500 to $20,000
Increase Resale Value and Maximize Savings - Earn an Illinois Home Performance with Energy Star Certificate
Incentive,Resources,Services
More info

This nationally recognized program awards certificates to homes which meet a threshold of energy efficiency.Homes with this certification will have comparably lower energy costs, benefitting owners though lower utility bills and a higher resale value.

Lower Bills and Increased Resale Value
Rockford Residential Rebate Program
Rebate
More info

The Rockford Residential Rebate Program provides rebates of up to $2000 for homeowners who work with a whole home contractor and complete the efficiency process.

Up to $2000
Special Assessment for Solar Energy Systems
Incentive,Tax Credit
More info

If you own or are planning to build a solar energy system, you could be eligible for an exemption on your property tax.

No max, see tax exemptions
Nicor Programmable Thermostat Rebate
Rebate
More info

Cash rebates up to $50 are available to eligible Nicor Gas business customers for programmable thermostats installed on < 300 MBTUH Space Heating Equipment.

Up to $50 Rebate
ComEd Clothes Washer Rebate
Rebate
More info

As a ComEd residential customer, you could qualify for a$75 rebate on select top-loading ENERGY STAR® qualified clothes washers at participating Chicagoland stores.

$75 rebate
Energy Impact Low Interest Loans
Financing
More info

Low interest loans can help you finance energy efficiency improvements, andsavings on your energy bill will help offset the loan payments.

$500 to $10,000 for unsecured loans and more for secured loans
Biogas and Biomass To Energy Grant Program
Grant
More info

Projects designed to use biogas or biomass as a source of fuel to produce electricity with combined heat and power (CHP) through gasification, co-firing or anaerobic digestion technologies are eligible for incentives up to 50% of the total project cost.

Feasibility studies: up to $2,500. Biogas to energy systems: up to $225,000. Biomass to energy systems: up to $500,000
Fuel Cells (Residential Fuel Cell and Microturbine System) Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of 30% of the cost, up to $500 per .5 kW of power capacity on qualifying Fuel Cells (Residential Fuel Cell and Microturbine System)that have been placed in service during 2011.

30% of the cost, up to $500 per .5 kW of power capacity
Solar Panels (Photovoltaic Systems) Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of 30% of cost with no upper limit on qualifyingSolar Panels (Photovoltaic Systems) that have been placed in service during 2011.

30% of cost with no upper limit
Solar Water Heaters Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of30% of cost with no upper limit on qualifying Solar Water Heaters that have been placed in service during 2011.

30% of cost with no upper limit
Small Wind Turbines (Residential) Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of 30% of cost with no upper limit on qualifyingSmallResidential Wind Turbinesthat have been placed in service during 2011.

30% of cost with no upper limit
Geothermal Heat Pump Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of 30% of cost with no upper limit on qualifying Energy Star Geothermal Heat Pumpsthat have been placed in service during 2011.

30% of cost with no upper limit
Windows, Doors, Skylights Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of $300 on Energy Starqualifiedwindows/doors/skylights that have beeninstalled during 2011.

10% of the cost, up to $500, but windows are capped at $200
Gas, Oil, Propane Water Heater Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of $300 on qualifying Energy Star Gas, Oil, Propane Water Heater systems that have been placed in service during 2011.

$300
Roofs (Metal & Asphalt) Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of 10% of the cost, up to $500 on Energy Star qualifying Metal/Asphalt Roofs that have been placed in service during 2011.

10% of the cost, up to $500
Insulation Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of 10% of the cost, up to $500 on qualifying Insulation and Air Seal products that have been installed during 2011.

10% of the cost, up to $500
Natural Gas, Propane or Oil Furnace Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of $150 on qualifying Energy Star Gas, Propane, or Oil Furnace systems that have been placed in service during 2011.

$150
Gas, Propane, or Oil Hot Water Boiler Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of $150 on qualifying Energy Star Gas, Propane, or Oil Hot Water Boiler systems that have been placed in service during 2011.

$150
Central Air Conditioning Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of $300 on qualifying Energy Star Central Air Conditioning systems that have been placed in service during 2011.

$300
Air Source Heat Pump Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of $300 on qualifying Energy Star Air Source Heat Pumps that have been placed in service during 2011.

$300
Advanced Main Air Circulating Fan Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of $50 on qualifying Energy Star Advanced Main Air Circulating Fans that have been placed in service during 2011.

$50
Biomass Stove Tax Credit
Tax Credit
More info

Homeowners are eligible for a tax credit of $300 on qualifying Energy Star Biomass Stoves that have been placed in service during 2011.

$300
Peoples Gas C&I Steam Trap Rebate
Rebate
More info

Peoples Gas commercial and industrial customers can get rebates when they install certain types of steam traps.

Up to $60 per steam trap (more for high-pressure steam, refer to website for additional details)
Oak Park Single-Family Rehabilitation Loans and Grants
Financing,Grant
More info

Several types of loans and grants are available for Oak Park residents who own and live in single-family houses.

Up to $25,000
Illinois Finance Authority Renewable Energy and Efficiency Project Financing
Financing
More info

The Illinois Finance Authority (IFA) is a state conduit issuer of tax-exempt bonds & credit enhancement for projects in Illinois. Entities seeking funding must demonstrate that their renewable energy or energy efficiency projects provide a significant public benefit for the citizens of Illinois.

Green Project Financing
Illinois Home Weatherization Assistance Program (IHWAP)
Grant,Services
More info

The Illinois Home Weatherization Assistance Program (IHWAP) is designed to help reduce the energy costs for low income households by making their homes more energy efficient. This program includes funding for air sealing, attic and wall insulation, furnace repair and replacement, electric base load reduction (lighting and refrigerator, etc) and window and door weatherization.

Up to $7500 for each eligible client’s home
HomE Residential Rebate Program
Rebate,Services
More info

Through the HomE program, cooperative members who own their homes can apply for a residential energy assessment, which makes them eligible for a series of rebates for efficiency upgrades they make to their home.

Discounted home energy assessment and rebates up to $1500
Peoples Gas C&I High Efficiency Space Heating Equipment Rebate
Rebate
More info

Peoples Gas commercial and industrial customers can get rebates when they install certain types of high-efficiency space heating boilers and furnaces.

Up to $6.67/MBH for boilers and Up to $400 per furnace depending on equipment type
Residential Energy Efficient Property Credit
Tax Credit
More info

This federal tax credit applies to energy efficiency improvements in the building envelope of existing homes and for the purchase of high-efficiency heating, cooling and water-heating equipment.

Up to $500
Peoples and ComEd Retro Commissioning
Resources,Services
More info

Through this partnership with ComEd, commercial and industrial customers can receive help retro-commissioning their buildings.

Expert Anaylsis, Building Operator Certification Training and Reduced Operating Costs
The Chicago Green Homes Program (CGHP)
Services
More info

CGHP is a voluntary certification program for Chicago homeowners, residential builders, and developers looking to incorporate sustainable design into their residential building.

Access to green resources and professionals, expedited permitting and discounted consultant fees
Nicor High Efficiency Space Heating Equipment Rebates
Rebate
More info

Cash rebates are available to residential Nicor Gas customers for the purchase and installation of high efficiency gas furnaces and boilers.

Up to $250 per furnace and up to $450 (up to $550 during Boiler Bucks promotion) per boiler depending on equipment type
203(k) Loan
Financing
More info

FHA's 203(k) loan program allows inclusion of rehabilation or remodeling costs (including energy efficiency improvements) to be included in the purchase or re-financing of a mortgage.

Mortgage Financing
Nicor Gas/ComEd Home Energy Savings Program
Incentive,Rebate
More info

Aims to help select homeowners reduce their natural gas consumption by analyzing their energy use, recommending weatherization measures, and facilitating installation.

Discounted Home Energy Assessment and incentives for weatherization
ComEd Central Air Conditioning Cycling
Incentive
More info

Reduce electricity demand on the hottest days of the summer by joining ComEd's Smart Ideas® Central Air Conditioning Cycling.

receive a $5 or $10 credit on your electric bill every month
Nicor High Efficiency Space Heating Equipment Rebate
Rebate
More info

Cash rebates are available to eligible Nicor Gas business customers for space heating equipment including space heating boilers, natural gas furnaces, combination boilers, condensing unit heaters and infrared heaters.

Rebates from $200 to $7500 depending on equipment type
CUB Energy Saver
Incentive
More info

CUB Energy Saver is a free online energy advisory and rewards program provided by the Illinois Citizens Utility Board (CUB).

Reward points worth $100 a year or more
North Shore Gas Residential High Efficiency Space Heating Equipment Rebates
Rebate,Services
More info

Owners of single-family homes and smaller multi-family buildings can get rebates when they install certain types of high-efficiency furnaces and boilers.

Up to $250 per furnace and up to $450 per boiler depending on equipment type
Peoples Gas Residential High Efficiency Space Heating Equipment Rebates
Incentive,Rebate
More info

Owners of single-family homes and smaller multi-family buildings can get rebates when they install certain types of high-efficiency furnaces and boilers.

Up to $400 per furnace and up to $600 per boiler depending on equipment type
North Shore Gas Residential Boiler Reset Control Rebate
Rebate
More info

Owners of single-family homes and smaller multi-family buildings can get rebates for boiler reset controls.

Up to $100
Nicor Boiler Tune Up Rebate
Rebate
More info

Cash rebates are available to eligible Nicor Gas business customers for boiler tune-ups.

Up to $350
ComEd Refrigerator & Freezer Recycling
Incentive,Services
More info

ComEd will pick up and recycle that second, working refrigerator or freezer. Recycle it and you will receive $35! Plus you can save up to $150 a year in electricity. Make your appointment today.

$150/year on electricity costs + $35 for each working refrigerator
Peoples Gas Residential Boiler Reset Control Rebate
Rebate
More info

Owners of single-family homes and smaller multi-family buildings can get rebates for boiler reset controls.

Up to $100
Lights for Learning
Resources
More info

The Lights for Learning fundraiser is a great way to raise money for your school or organization by having students sell energy efficient Compact Fluorescent Light (CFLs) bulbs.

School keeps 60% of funds raised
Nicor & Comed Multi-Family Home Energy Savings Program
Services
More info

This limited time incentive helps owners and tenants save energy, reduce utility costs, and help the environment by installing a free showerhead, faucet aerators and up to six CFLs in each unit.

Free water-saving showerhead, high-efficiency faucet aerators and up to six CFLs
ComEd Energy Star Lighting
Rebate
More info

ComEd’s Smart Ideas for Your Home is providing discounts on ENERGY STAR® qualified CFLs and fixtures while supplies last.

Discounted Energy Star CFLs and fixtures
Energy Efficient Mortgage Program
Financing
More info

FHA's Energy Efficient Mortgage program (EEM) helps homebuyers or homeowners save money on utility bills by enabling them to finance the cost of adding energy efficiency features to new or existing housing as part of their FHA insured home purchase or refinancing mortgage.

Mortgage Financing
Nicor Storage Water Heater Rebate
Rebate
More info

Cash rebates are available to residential Nicor Gas customers for the purchase and installation of high efficiency storage water heaters.

$200
DCEO Lighting Rebates
Rebate
More info

The DCEO Illinois Energy Now Public Sector Electric and Natural Gas Program provides set incentive levels for common lighting retrofits including (but not limited to) CFL lamps and fixtures, LED lighting, exit signs and traffic signals, T8 lamps and ballasts, delamping, and controls including occupancy sensors.

Up to $150 per unit depending on equipment type
Nicor and ComEd Small Business Energy Savings Program
Services
More info

The Small Business Energy Savings Programprogram provides qualifying small business customers with cost-effective efficiency retrofit services.

Free energy assessments and cost effective efficiency retrofit services
TaxSmart Mortgage Credit Certificate Program
Tax Credit
More info

TaxSmart is a Mortgage Credit Certificate (MCC) program that provides a federal income tax credit to qualified homebuyers.

20% of the interest paid on your mortgage