Financing Your Project

Illinois PACE Programs

Program Name: Commercial Property Assessed Clean Energy

Applicable Building Size: Any

Eligible Projects: Energy Efficiency, Water Efficiency, Renewable Energy, EV Charging, Water Use Improvements, Resiliency Improvements

Funding: Up to 100% of project costs. Financed amount may not be less than $50,000.


Further explanation on the PACE program.

See Full Details

On-Bill Financing

Program Name: Illinois Energy Efficiency Small Business & Multifamily Loan Program

Administrator: Slipstream Energy Finance Solutions


Applicable building size: Must have peak demand under 400 kW

Eligible projects: Building envelope, HVAC, lighting, refrigeration systems, compressed air systems

Funding: Loans range from $500–$150,000


Ownership/organization type: Small businesses, multi-family housing, and mixed-use properties


See Full Details

ComEd Energy
Efficiency Program:
Small Business and Facilities

Program Name: ComEd – Small Businesses and Facilities

Applicable building size: Must have peak demand under 400 kW

Eligible projects: Building envelope, HVAC, lighting, refrigeration systems, compressed air systems

Funding: Incentives will vary based on project type. Can cover up to 75% of project costs.



Ownership/organization type: Small businesses and facilities including, but not limited to: retail stores, warehouses, convenience stores, low rise offices, restaurants, fire departments, park districts, libraries, learning institutions, government buildings 


See Full Details

Peoples Gas
Energy Efficiency Program

Program Name: Peoples Gas Energy Efficiency Program

Applicable building size:

  • Multifamily: 3+ units
  • Small/Midsize business: annual usage does not exceed 400,000 therms
  • Commercial/Industrial: annual usage is greater than 400,000 therms

Eligible projects: steam trap upgrades, pipe insulation, boiler replacement, controls, thermostatic valves, equipment tune-ups, smart thermostats, and more. See the full list of prescriptive rebates.

Funding: Incentive amounts vary based on project type. The program also offers free energy assessments and engineering services.


See Full Details

Nicor Gas
Energy Efficiency Program

Program Name: Nicor Rebates

Applicable building size: Varies – different incentives are available for different buildings, depending on size and usage.

Eligible projects: Space & Water Heating, Steam Traps, Boiler Tune-Ups, Commercial Food Service, Agriculture, Air Sealing and Insulation

Funding: Incentive amounts vary depending on project type.



See Full Details
Share by: