Illinois Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 08/31/2012
Program Overview:
| State: |
Illinois |
| Incentive Type: |
State Loan Program |
| Eligible Efficiency Technologies: |
Clothes Washers, Dishwasher, Refrigerators, Dehumidifiers, Ceiling Fan, Water Heaters, Furnaces , Boilers, Central Air conditioners, Programmable Thermostats, Comprehensive Measures/Whole Building, Whole House Fans |
| Applicable Sectors: |
Residential |
| Amount: | Varies by lender |
| Terms: | Varies by lender |
| Funding Source: | American Recovery and Reinvestment Act, Better Buildings |
| Web Site: |
http://energyimpactillinois.org/residential/energy_impact_loan/
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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. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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