Energy Impact Illinois Loans
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Energy Impact Illinois Loans|
|Incentive Type||State Loan Program|
|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|
|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|
|References||Database of State Incentives for Renewables and Efficiency|
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.
|Contact Name||General Inquiries|
|Department||Energy Impact Illinois|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.