Incentives & Financing Options
High-efficiency products use less energy and save you money. Rebates for energy-efficient upgrades are available to all current residential Nicor Gas customers, and participation is simple.
We are part of a network of approved contractors to secure Nicor Gas rebates. Once work is completed, we make the rebate process as quick and streamlined as possible.
Nicor offers rebates for the following upgrades and services: air sealing, attic insulation, duct sealing and installation of new furnaces, boilers and thermostats.
Owners of single-family homes, two-flats and individually metered condos, apartments and townhomes in the City of Chicago can get rebates on a wide range of energy-saving improvements to their buildings. People’s Gas offers attic insulation, wall insulation, air sealing, duct sealing, HVAC, water heater and weatherization rebates.
NORTH SHORE GAS
Take advantage of the North Shore Gas Energy Efficiency Program. Owners of single-family homes, two-flats and individually metered condos, apartments and townhomes in the northern suburbs of Chicago can get rebates on a wide range of energy-saving improvements to their buildings. North Shore Gas offers attic insulation, wall insulation, air sealing, duct sealing, HVAC, water heater and weatherization rebates.
FOCUS ON ENERGY
Reduce energy waste in your home and save money. Focus on Energy partners with over 100 Wisconsin utilities to help single-family homeowners, renters and property owners make energy-related improvements to their homes. Focus on Energy offers incentives to bring down the cost of insulation, air sealing and other HVAC upgrades.
Illinois Shines is a state-administered program that offers financial incentives for new solar photovoltaic (PV) systems. The program provides payments in exchange for 15 years of Renewable Energy Credits (RECs) generated by new PV systems. These payments, made by Illinois utilities, vary depending on the system’s size and location.
A home PV system might generate 50-200 RECs over 15 years. By participating in Illinois Shines, you will transfer the RECs from your PV system to an Illinois electric utility. Selling your RECs will not affect your PV system’s production.
Although you can keep your RECs or sell them to someone besides utilities, participating in Illinois Shines — and thus allowing your RECs to be sold to a utility — is likely to be your best financial option. Selling your RECs through this program will make it more likely that your PV system will save you money.
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 – $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
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.