Nicor Gas, North Shore Gas, Peoples Gas, Ameren and ComEd - Residential On-Bill Financing Programs (Illinois)

From Open Energy Information


Last modified on February 12, 2015.

Financial Incentive Program

Place Illinois

Name Nicor, Peoples, and North Shore Gas - Small Business Energy Savings Program (Illinois)
Incentive Type Utility Loan Program
Applicable Sector Commercial, Residential
Eligible Technologies Building Insulation, Central Air conditioners, Clothes Washers, Duct/Air sealing, Furnaces, Refrigerators
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount Up to $20,000

See program web site for details on your utility

Terms General Interest Rate: 4.99%

General Repayment: 3, 5 or 10 years

Program Administrator AFC First

Incentive Source ComEd, Nicor Gas, Peoples Gas, and North Shore Gas


The Illinois Energy Efficiency Loan Program, administered through AFC First and funded by participating utilities, provides loans to customers of Ameren Illinois, ComEd, Nicor, North Shore Gas, and Peoples Gas. Typically, loans of up to $20,000 can be repaid over the course of 3, 5, or 10 years. The interest rate is currently set at 4.99% although certain loan specifications may vary from utility to utility. These on-bill financing loans are designed to be repaid through regular utility bill payments and typically target residential customers, although certain utilities will allow commercial participation. Each utility has specific energy efficiency products that qualify for these loans, as both gas and electric utilities are program participants. View the program web site to learn about the products available from each utility company.

Generally, natural gas customers are eligible for financing on furnace purchases if the equipment meets program requirements. Contact your natural gas utility for details on financing for additional equipment. Electric customers may be eligible for financing on appliances, insulation measures and air conditioning systems. View program web site or contact your utility for more details.

Incentive Contact

Contact Name AFC First Financial Corp.

Address 1005 Brookside Road
Place Allentown, Pennsylvania
Zip/Postal Code 18106
Phone (888) 269-3133
Phone 2 (888) 232-3477


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


  1.  "Database of State Incentives for Renewables and Efficiency (DSIRE)"