Funding & Financing for Multifamily

Illinois Energy Office Energy Efficiency Assessment Program

The Energy Efficiency Assessment Program provides funding to public housing authorities, local governments, or nonprofit organizations to conduct energy efficiency assessments at properties benefiting residents receiving housing assistance from a state or federal program.

A professional energy assessor or auditor conducts a site inspection and evaluates the residence to identify energy equipment, structural, and behavioral inefficiencies.



Illinois Energy Office Trust Fund Grant Program

The Energy Efficiency Trust Fund was established to benefit residential electric customers through projects determined to promote energy efficiency in the State of Illinois, with an emphasis on low-income households. The Illinois EPA Office of Energy will award funds for energy efficiency projects at properties benefitting residents receiving housing assistance from state and federal programs.

The IEPA Office of Energy has expanded eligibility for this program from single family residences to multifamily properties of up to 20 dwelling units and eliminating the requirement of location in an environmental justice area of concern. Upgrades must have been identified in an energy efficiency assessment conducted within the last 5 years.

ComEd Facility Assessments

ComEd can help find energy-saving opportunities, whether it's lights, HVAC system, chillers, or motors. When scheduled, an approved energy engineer will either conduct an in-person or virtual Facility Assessment. There, they will spend approximately two hours with you assessing your facility to identify energy-efficiency opportunities. Within three to four weeks, you will receive a report detailing energy efficiency projects that you can start working on immediately. Each recommendation will include estimated energy savings, cost savings, project cost, potential incentives, and simple payback. 

Illinois Solar for All

Residential Solar provides residents access to affordable on-site solar panels through Illinois Solar for All's (SFA) qualified and vetted solar companies called Approved Vendors. This state program also guarantees that participants will see savings on their energy bills.



Illinois Energy Efficiency Small Business & Multifamily Loan Program

ComEd and Nicor Gas customers are eligible to receive loans up to $150,000 for energy efficiency projects in their buildings. The loan is repaid through an additional charge on the customer’s utility bill. Loans can be paid over 1-10 years with a fixed interest rate. There is no penalty for early payment.

ComEd New Construction Offering

The ComEd® Energy Efficiency Program new construction offering provides solutions that can help your facility generate long-term energy and cost savings. The earlier in design you enroll your project (at concept development or schematic design phase), the better results you’ll realize.

ComEd Retro-Commissioning

Your facility has the power to save money and energy with a Retro-Commissioning (RCx) project. RCx can positively impact your facility’s energy performance, improve your bottom line and create a more comfortable environment for your occupants.

An authorized Energy Efficiency Service Provider will perform a fully-funded study of your facility’s energy management systems to identify low-cost operational improvements. You’ll save an average of 5-15% on annual energy costs and may also qualify for incentives or additional savings through your natural gas utility’s partnership with ComEd.

Looking for more ways to save money and energy? Your business may qualify for one of three project types.

ComEd High Performance Design Incentive

This ComEd program provides comprehensive energy solutions for new construction and major renovation projects. ComEd New Construction offering makes it easy to design for greater energy savings.

You can consult with experienced technical experts at no cost and receive one-time financial incentives for new construction or major renovations designed to exceed energy code requirements.

ComEd provide recommendations, assistance, and financial incentives for energy-saving improvements to all major building systems—envelope, HVAC equipment, lighting, commercial refrigeration and more.