Illinois Energy Efficiency Loan Program

Energy-efficiency investments are a cost-effective means to decrease energy consumption, enhance building comfort and reduce utility bills. Despite the benefits of energy-efficient upgrades, high upfront costs can be a significant barrier to investing in energy improvements. The Illinois Energy Efficiency Loan Program allows utility customers to pay for investments through a monthly loan charge on their utility bill.

Residential owner-occupied and tenant-occupied, single-family (1-4 unit) homes, condominiums and mobile homes could qualify for an unsecured loan (homeowner provides no collateral) added to a monthly utility bill. Borrowers can finance $500 Р$20,000 at a fixed interest rate of 4.99% for a 1-, 3-, 5-, 7- or 10-year term. The Illinois Energy Efficiency Loan Programs works with most of the major utility providers of the state, including ComEd, Nicor Gas, People’s Gas and North Shore Gas.

Energy Finance Solutions offers customizable financing programs to meet your energy-efficiency and renewable-energy goals. Proactive loans are available for planned energy-efficiency and renewable-energy projects. Reactive loans are also provided for unexpected system replacements, such as a failed furnace.


Get flexible financing for your energy-efficiency upgrades through Wisetack. A short application process takes just a minute to learn your options without affecting your credit score. Wisetack offers terms ranging from 3 to 60 months at an Annual Percentage Rate (APR) from 0% to 29.9%. There are no prepayment penalties, origination fees or compounding interest.