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

Financing Options and Improvements

Incentive Name
Incentive 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

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

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

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

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

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

North Shore Gas Residential Rebate for Attic Insulation
Financing,Rebate
More info

Owners of single-family homes and smaller multi-family buildings are eligible for rebates when they install certain types of attic insulation.

50 cents per square foot

Low Interest ComEd On-Bill Financing for Refrigerators, Clothes Washers and Central AC Systems
Financing,Resources
More info

The ComEd On-Bill Financing for high efficiency products program is a Utility Energy Efficiency Loan that provides eligible homeowners with special on-bill financing for the purchase of approved high-efficiency products including refrigerators, clothes washers and central air conditioning systems.

low-interest financing

Historic Chicago Bungalow Association’s Bungalow EnergySavers Grant Program
Grant,Incentive
More info

The HCBA offers grants for certified Chicago Bungalow owners to make their homes more energy-efficient, which benefits families and neighborhoods alike.

Energy Efficiency Grants for your Home

North Shore Gas Duct Sealing Rebate
Grant,Incentive
More info

North Shore Gas offers a rebate for gas duct sealing.

Up to $500

ComEd Refrigerator & Freezer Recycling
Grant,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.

$35

Illinois Home Weatherization
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.

Varies

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

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 credit on your electric bill every month.

ComEd Incentives for Agricultural Businesses
Incentive
More info

New Incentives for Agricultural Businesses: Smart Ideas is introducing incentives to help make farmers more energy efficient too.

$20 to $1000

ComEd Incentives for Laboratory Energy Efficiency
Incentive
More info

Laboratories -- in hospitals, pharmaceutical plants, college and university science departments and manufacturing facilities -- are major users of energy. The primary energy consumers in labs are the hoods that vent fumes away from workers.

$15 to $400

Peoples Gas Home Energy Jumpstart Program
Incentive,Rebate
More info

Get energy-saving products installed in your home for free through the Home Energy Jumpstart Program, offered in partnership with ComEd.

Varies

Insulation Rebate for North Shore Gas Customers
Incentive,Rebate
More info

Lower the the cost of insulation improvements with this rebate from North Shore Gas.

$0.30 to $0.75 per square foot of attic insulation installed.

Insulation Rebate for Peoples Gas Customers
Incentive,Rebate
More info

Lower the the cost of insulation improvements with this rebate from Peoples Gas.

$0.30 to $0.75 per square foot of attic insulation installed.

North Shore Gas Natural Gas Furnace/Boiler Tune-Up
Incentive,Rebate
More info

North Shore Gas offers a rebate for natural gas furnace/boiler tune-up.

Up to $50.

Peoples Gas Duct Sealing Rebate
Incentive,Rebate
More info

Peoples Gas offers a duct sealing rebate.

Up to $500.

Peoples Gas Natural Gas Furnace/Boiler Tune-Up
Incentive,Rebate,Services
More info

Peoples Gas offers a rebate for a natural gas furnace/boiler tune-up.

$50

Peoples Gas Residential High Efficiency Space Heating Equipment Rebates
Incentive,Rebate,Tax Credit
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 $600 per furnace and up to $800 per boiler depending on equipment type

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

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

People’s Gas Bundle Bonus for Multiple Qualifying Products
Rebate
More info

$250-450 Bonus Rebate Available for Installations of Multiple Qualifying Products at a Single Gas Account February 1-May 31, 2013. Paperwork must be received on or before May 31.

$250 to $450

North Shore Gas Residential Rebate for Programmable Thermostats
Rebate
More info

Owners of single-family homes and smaller multi-family buildings are eligible for rebates for programmable thermostats.

$50

North Shore Gas Rebate for Pipe Insulation
Rebate
More info

Owners of single-family homes and smaller multi-family buildings are eligible for rebates when they install pipe insulation.

$1 to $4 per foot

Peoples Gas Residential Rebate for Programmable Thermostats
Rebate
More info

Owners of single-family homes and smaller multi-family buildings are eligible for rebates for programmable thermostats.

$50

Peoples Gas Residential Rebate for Pipe Insulation
Rebate
More info

Owners of single-family homes and smaller multi-family buildings are eligible for rebates for pipe insulation.

$2 to $8 per foot

Air Sealing Rebate for Peoples Gas
Rebate
More info

Owners of single-family homes, two-flats and individually-metered condos, apartments and townhomes can get rebates on a wide range of energy-saving improvements to their homes.

Up to $400

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

Air Sealing Rebate for North Shore Gas
Rebate
More info

Owners of single-family homes, two-flats and individually-metered condos, apartments and townhomes can get rebates on a wide range of energy-saving improvements to their homes.

Up to $400

Peoples Gas Residential Rebate for Attic Insulation
Rebate
More info

Owners of single-family homes and smaller multi-family buildings are eligible for rebates for attic insulation.

50 cents per sq foot

Nicor Boiler Tune Up Rebate
Rebate
More info

A boiler tune-up improves the efficiency of your boiler, allowing the equipment to use less energy and last longer. Pre-tune-up and post-tune-up tests are required to show the increase in efficiency.

Up to $1,500

Peoples Gas Rebate for Natural Gas Water Heaters
Rebate
More info

Owners of single-family homes and smaller multi-family buildings are eligible for rebates for high efficiency water heaters.

Up to $450

Nicor Programmable Thermostat Rebate
Rebate
More info

Cash rebates are available to current Nicor Gas residential customers for programmable thermostats.

$20 per unit

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

Special rebate for Peoples Gas customers to replace furnace and central air
Rebate
More info

Peoples Gas will no longer offer a furnace rebate for installations after December 31, 2014. To continue qualifying for the ComEd AC rebate, North Shore Gas customers must install a 95% AFUE or greater furnace at the same time as a qualifying AC.

Up to $1000

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. Take advantage of increased rebate amounts during the Summer Staycation promotion between July 1, 2012 - September 30, 2012.

Up to $750

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)

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 $200

North Shore Gas Rebate for Natural Gas Water Heaters
Rebate,Resources
More info

Owners of single-family homes and smaller multi-family buildings are eligible for rebates for high efficiency water heaters.

Up to $150

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 $600 per furnace and up to $800 per boiler depending on equipment type

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

Geothermal Heat Pump Tax Credit
Rebate,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 Pumps that have been placed in service during 2011.

30% of cost with no upper limit

Nicor & ComEd Building Performance with ENERGY STAR
Resources
More info

Building Performance with ENERGY STAR® is a strategic energy management pilot program sponsored by the Nicor Gas Energy Efficiency Program. The program is available to select Nicor Gas customers in the hospitality and assisted living market segments.

Based on individual project

Nicor & Comed Multi-Family Home Energy Savings Program
Resources,Services
More info

This incentive helps owners and tenants save energy, reduce utility costs, and help the environment by installing a free showerheads, faucet aerators, up to eight CFLs and programmable thermostats in each unit.

Free water-saving showerheads, high-efficiency faucet aerators, CFLs and programmable thermostats

Lights for Learning Direct Install Program
Resources,Services
More info

With the Lights for Learning Direct Install Program (L4L-DI), qualified public schools can receive free energy-saving products, such as LED exit signs, green kitchen nozzles, power strips, CFLs and low-flow aerators.

Free energy-saving products

Nicor & ComEd Residential New Construction Program
Resources,Services
More info

The program works with eligible builders to construct single family homes that are more energy efficient than homes merely built to code.

Dependent on Home

Windows, Doors, Skylights Tax Credit
Resources,Tax Credit
More info

Homeowners are eligible for a tax credit of $300 on Energy Star qualified windows/doors/skylights that have been installed during 2011.

10% of the cost, up to $500, but windows are capped at $200

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

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 qualifying Solar 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 of 30% 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 qualifying Small Residential Wind Turbines that have been placed in service during 2011.

30% of cost with no upper limit

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

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