Energy Impact Illinois Loans

From Open Energy Information

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Illinois


Name Energy Impact Illinois Loans
Incentive Type State Loan Program
Applicable Sector Residential
Eligible Technologies Boilers, Ceiling Fan, Central Air conditioners, Clothes Washers, Comprehensive Measures/Whole Building, Dehumidifiers, Dishwasher, Furnaces, Programmable Thermostats, Refrigerators, Water Heaters, Whole House Fans
Active Incentive Yes
Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs
Amount Varies by lender






Funding Source American Recovery and Reinvestment Act, Better Buildings








Terms Varies by lender
Program Administrator CNT Energy
Website http://energyimpactillinois.org/residential/energy_impact_loan/


References Database of State Incentives for Renewables and Efficiency[1]


Summary

Energy Impact Illinois partners with local banks and credit unions to provide low-interest loans to help reduce the upfront costs associated with energy efficiency improvements. Loans can be used for whole house improvements, boiler or furnace upgrades, and Energy Star appliance and equipment if combined with a boiler or furnace project. Whole house improvements must result in energy savings of 15% or more as determined by a certified energy auditor. Terms, rates, and loan amounts vary with each lender, and lenders vary by region. Contact Energy Impact Illinois for more information, or find a participating contractor on the program web site in order to sign up for the program.

Incentive Contact

Contact Name General Inquiries
Department Energy Impact Illinois



Phone (855) 946-7228


Email Info@EnergyImpactIllinois.org


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content