Tax Credit & Incentives


Foam insulation contractors, Foam insulation contractors Chicago

 

And Illinois Utility Energy Rebate Programs

Federal Tax Incentives:


On February 17, 2009, President Obama signed the 2009 stimulus bill (The American Recovery and Reinvestment Act of 2009) that made significant changes to the energy efficiency tax credits. The highlights of these changes are:

  • The tax credits that were previously effective for 2009, have been extended to 2010.
  • The tax credit percentage has been raised from 10% to 30%.
  • The tax credits that were for a specific dollar amount (ex $300 for a CAC) have been converted to 30% of the cost.
  • The maximum credit has been raised from $500 to $1500 for 2009 and 2010. However, some improvements such as geothermal heat pumps, solar water heaters, and solar panels are not subject to the $1,500 maximum credit.
Using spray foam insulation in homes can provide savings for both the homeowner and homebuilder alike. The details of each tax credit are explained below.

Tax Credits for Home Owners:

Overview

Home improvement tax credits are available for home improvements "placed in service" from January 1, 2009 through December 31, 2010. Any qualified home improvements made in 2008 are not eligible for the tax credit. The tax credits are available for insulation, replacement windows, non-solar water heaters, and certain high efficiency heating and cooling equipment. Other notes and details about the available tax credits are:

  • Maximum credit amount is $1,500 in 2009 and 2010 for most home improvements (geothermal heat pumps, solar water heaters, solar panels, fuel cells, and windmills are not subject to this cap)
  • Must be for taxpayers principal residence
  • If you are building a new home, you can qualify for the tax credit for photovoltaics, solar water heaters, small wind systems and fuel cells, but not the tax credits for windows, doors, insulation, roofs, HVAC, or non-solar water heaters.

Detailed Analysis:

Tax credits are now available for home improvements:

  • Must be “placed in service” from January 1, 2009 through December 31, 2010
  • Must be for taxpayers principal residence
  • Maximum amount is $1,500 in 2009 and 2010 for most home improvements (geothermal heat pumps, solar water heaters, solar panels, fuel cells, and windmills are not subject to this cap, and are in effect through 2016)
  • Must have a Manufacturer Certification Statement3 to qualify
  • Improvements made in 2009 will be claimed on your 2009 taxes (filed by April 15, 2010) — use IRS Tax Form 5695 (2009 version) — it will be available late 2009 or early 2010
  • If you are building a new home, you can qualify for the tax credit for geothermal heat pumps, photovoltaics, solar water heaters, small wind systems and fuel cells, but not the tax credits for windows, doors, insulation, roofs, HVAC, or non-solar water heaters. More.

SUMMARY OF TAX CREDITS FOR HOMEOWNERS

Product Category
Product Type Tax Credit Specification Tax Credit Notes
Windows and Doors

Exterior Windows and Skylights

U factor <= 0.30
SHGC <= 0.30

30% of cost,

up to $1,5002

Not all ENERGY STAR labeled windows and skylights qualify for tax credit. More information

Storm Windows

Meets IECC1 in combination with the exterior window over which it is installed, for the applicable climate zone.

30% of cost,

up to $1,5002

Manufacturer Certification Statement3 will list classes of exterior window (single pane, clear glass, double pane, low-E coating, etc.) 4 that a product may be combined with to be eligible in specific climate zones.

Exterior Doors U factor <= 0.30
SHGC <= 0.30

30% of cost,

up to $1,5002

Not all ENERGY STAR doors will qualify. More information

Storm Doors

In combination with a wood door assigned a default U-factor by the IECC1, and does not exceed the default U-factor requirement assigned to such combination by the IECC

30% of cost,

up to $1,5002


Roofing Metal Roofs,
Asphalt Roofs
ENERGY STAR qualified

30% of cost,

up to $1,5002

All ENERGY STAR labeled metal and asphalt roofs qualify for the tax credit. Must be expected to last 5 years OR have a 2-year warranty.

Insulation Insulation

Meets 2009 IECC and Amendments

30% of cost,

up to $1,5002

For insulation to qualify, its primary purpose must be to insulate. (Example: vapor retarders are covered, siding does not qualify). Must be expected to last 5 years OR have a 2 year warranty

HVAC Central A/C Split Systems:
EER >=13
SEER >= 16
Package systems:
EER >= 12
SEER >= 14
30% of cost, up to $1,5002 For a list of qualified products, go to the Consortium for Energy Efficiency product directory, click on the Air Conditioners and in the “CEE Tier” enter “Residential Advanced Tier 3” for CAC Split Systems, and "Residential Tier 2" for CAC package systems and ASHPs.
Note — not all ENERGY STAR products will qualify for the tax credit.
ENERGY STAR Spec (same for CAC and ASHP):
Split Systems:HSPF >= 8.2EER >= 12 SEER >= 14.5
Package systems:HSPF >= 8EER >= 11SEER >= 14
Air Source Heat Pumps Split Systems:
HSPF >= 8.5
EER >= 12.5
SEER >= 15
Package systems:
HSPF >= 8
EER >= 12
SEER >= 14
30% of cost, up to $1,5002
Natural Gas or Propane Furnace AFUE >= 95 30% of cost, up to $1,5002 For a list of qualifying products go to the Gas Appliance Manufacturing Association
Not all ENERGY STAR products will qualify for the tax credit.
ENERGY STAR Spec:
Gas Furnaces: AFUE >= 90
Oil Furnaces: AFUE >= 85
Boilers: AFUE >= 85
Oil Furnace AFUE >= 90 30% of cost, up to $1,5002
Gas, Propane, or Oil Hot Water Boiler AFUE >= 90 30% of cost, up to $1,5002
Advanced Main Air Circulating Fan No more than 2% of furnace total energy use 30% of cost, up to $1,5002 For a partial list of qualifying products go to the Gas Appliance Manufacturing Association
Geo-Thermal Heat Pump Geo-Thermal Heat Pump Same criteria as ENERGY STAR:
Closed Loop: EER >= 14.1 COP >= 3.3 Open Loop: EER >= 16.2 COP >= 3.6 Direct Expansion: EER >= 15 COP >= 3.5
30% of the cost - NOT subject to $1,500 cap All ENERGY STAR labeled geo-thermal heat pumps qualify for the tax credit.
Use IRS Form 5695
Must be “placed into service” between Jan. 1, 2008–Dec. 31, 2016.
Water Heaters Gas, Oil, Propane Water Energy Factor >= 0.82
Or a thermal efficiency of at least 90%.
30% of cost, up to $1,5002 Not all ENERGY STAR gas storage and gas condensing water heaters will qualify for the tax credit. All

Heater

ENERGY STAR gas tankless models will qualify.
ENERGY STAR criteria:
Gas Storage:Energy Factor >= .62
Gas Tankless:Energy Factor >= 0.82
Gas Condensing:Energy Factor >= 0.8
For a partial list of qualifying products go to the Gas Appliance Manufacturing Association
Electric Heat Pump Water Heater Same criteria as ENERGY STAR: Energy Factor >= 2.0 30% of cost, up to $1,5002 All ENERGY STAR qualified electric heat pump water heaters qualify for the tax credit.
Biomass Stove Biomass Stove Stove which burns biomass fuel5 to heat a home or heat water.
Thermal efficiency rating of at least 75% as measured using a lower heating value.
30% of cost, up to $1,5002
Solar Energy Systems Solar Water Heating At least half of the energy generated by the “qualifying property” must come from the sun. Homeowners may only claim spending on the solar water heating system property, not the entire water heating system of the household.
The credit is not available for expenses for swimming pools or hot tubs.
The water must be used in the dwelling.
The system must be certified by the Solar Rating and Certification
30% of cost Use IRS Form 5695
Must be placed in service before December 31, 2016.


Corporation (SRCC).

Photovoltaic Systems Photovoltaic systems must provide electricity for the residence, and must meet applicable fire and electrical code requirement. 30% of cost Use IRS Form 5695
Must be placed in service before December 31, 2016.
Small Wind Energy Systems Residential Small Wind Energy Systems
30% of the cost Must be placed in service by December 31, 2016.
Use IRS Tax Form 5695 (version 2009). This form should be available in late 2009 or early 2010.
Not limited to $1,500 cap.
Fuel Cells Residential Fuel Cell and microturbine system Efficiency of at least 30% and must have a capacity of at least 0.5 kW. 30% of the cost, up to $1500 per .5 kW of power capacity Must be placed in service by December 31, 2016.
Use IRS Tax Form 5695 (version 2009). This form should be available in late 2009 or early 2010.
Not limited to $1,500 cap.
Cars Hybrid gasoline-electric, diesel, battery-electric, alternative fuel, and fuel cell vehicles
Based on a formula determined by vehicle weight, technology, and fuel economy compared to base year models There is a 60,000 vehicle limit per manufacturer before a phase-out period begins. Toyota and Honda have already been phased out. Credit is still available for Ford, GM and Nissan.
For more information visit: Fueleconomy.gov
Use IRS Form 8910 for hybrid vehicles purchased for personal use.
Use IRS Form 3800 for hybrid vehicles purchased for business purposes.
Plug-in hybrid electric vehicles
$2,500–$7,500 The first 250,000 vehicles sold get the full tax credit (then it phases out like the hybrid vehicle tax credits).
Effective January 1, 2009.

1Either the 2001 Supplement of the 2000 International Energy Conservation Code or the 2004 Supplement of the 2003 International Energy Conservation Code.

2Subject to a $1,500 maximum per homeowner for all improvements combined.

3A Manufacturer’s Certification is a signed statement from the manufacturer certifying that the product or component qualifies for the tax credit. The IRS encourages manufacturers to provide these Certifications on their website to facilitate identification of qualified products. Taxpayers must keep a copy of the certification statement for their records, but do not have to submit a copy with their tax return.

4Additional information on exterior window features may be viewed at Anatomy of an Energy Efficient Window.

5Biomass Fuel means any plant-derived fuel available on a renewable or recurring basis, including agricultural crops and trees, wood and wood waste and residues (including wood pellets), plants (including aquatic plants), grasses, residues, and fibers.

The IRS defines “placed in service” as when the property is ready and available for use.

Efficient Cars

Starting January 1, 2009, there is a new tax credit for Plug-in hybrid electric vehicles, starting at $2,500 and capped at $7,500 for cars and trucks (the credit is based on the capacity of the battery system). The first 250,000 vehicles sold get the full tax credit (then it phases out like the hybrid vehicle tax credits).
Tax credits are available to buyers of hybrid gasoline-electric, diesel, battery-electric, alternative fuel, and fuel cell vehicles. The tax credit amount is based on a formula determined by vehicle weight, technology, and fuel economy compared to base year models. These credits are available for vehicles placed in service starting January 1, 2006. For hybrid and diesel vehicles made by each manufacturer, the credit will be phased out over 15 months starting after that manufacturer has sold 60,000 eligible vehicles. For vehicles made by manufacturers that have not reached the end of the phase-out, the credits will end for vehicles placed in service after December 31, 2010. See the IRS Website for updated information.


Tax Credits for Home Builders:

Eligible contractors need to fill out IRS Form 8908 to get the tax credit. The IRS has provided the following guidance regarding the tax credits for constructing energy efficient new homes available under the Energy Policy Act of 2005:

  • IRS Notice 2006–27 provides guidance for the credit for building energy efficient homes other than manufactured homes.
  • IRS Notice 2006–28 provides guidance for the credit for building energy efficient manufactured homes.

Homebuilders are eligible for a $2,000 tax credit for a new energy efficient home that achieves 50% energy savings for heating and cooling over the 2004 International Energy Conservation Code (IECC) and supplements. At least 1/5 of the energy savings must come from building envelope improvements. This credit also applies to contractors of manufactured homes conforming to Federal Manufactured Home Construction and Safety Standards.


There is also a $1,000 tax credit to the producer of a new manufactured home achieving 30% energy savings for heating and cooling over the 2004 IECC and supplements (at least 1/3 of the savings must come from building envelope improvements), or a manufactured home meeting the requirements established by EPA under the ENERGY STAR program.


Please note that, with the exception of the tax credit for an ENERGY STAR qualified manufactured home, these tax credits are not directly linked to ENERGY STAR. Therefore, a builder of an ENERGY STAR qualified home may be eligible for a tax credit but it is not guaranteed.


These tax credits apply to new homes located in the United States whose construction is substantially completed after August 8, 2005 and that are acquired from the eligible contractor for use as a residence from January 1, 2006 through December 31, 2009.


Illinois Utility Energy Rebate Programs

Ameren Illinois Utilities - Energy Efficiency Rebates for Businesses


Maximum Incentive:

  • Total: $100,000 per year per facility for prescriptive and customer combined
  • Custom: 50% of the incremental project cost

Summary:

Ameren Illinois Utilities (AmerenIP, AmerenCIPS, and AmerenCILCO) offer their non-residential Illinois customers a wide range of incentives for the installation of energy efficiency improvements. Prescriptive rebates are available for many lighting, refrigeration, HVAC, and motor efficiency improvements. Custom rebates are available for some measures not covered by the prescriptive rebates. Pre-approval is required for all rebates. The program is available only to non-residential customers that receive wire service from Ameren affiliates under an eligible rate schedule. This includes distribution customers of Ameren affiliates that purchase energy through an alternative supplier.


Prescriptive incentive amounts vary according to equipment type, size, and relative level of energy efficiency. Custom incentives are based on the amount of energy that a given improvement saves. All custom measures must have a payback period of 1.5 to 7 years. The total of all incentives received per program year may not exceed $100,000 per site and the rebate received for custom improvements may not exceed 50% of the incremental project cost. The minimum custom incentive is 10% of the incremental project cost.


Generally, equipment that is eligible for the prescriptive incentive program is not eligible for the custom program. Currently however, projects involving equipment that would normally qualify for a prescriptive incentive are now being considered for inclusion into the custom program in the interest of providing funding to the greatest number of projects. Fuel switching and demand shifting measures are not eligible for incentives under this program.


The current program year runs from June 23, 2008 to May 31, 2009. Measures installed or costs incurred outside of this time period are not eligible for incentives. Please consult the program website for additional details on program eligibility and application requirements.


Ameren Illinois Utilities - Residential Energy Efficiency Rebates

Maximum Incentive:

  • Lighting: Purchases limited to 20 CFLs per customer per year
  • Refrigerator/Freezer Recycling: $70 (limit of 2 per customer per program year)

Summary:

Ameren Illinois Utilities (AmerenIP, AmerenCIPS, and AmerenCILCO) offer residential customers incentives for certain energy efficiency upgrades and improvements. Incentives are currently available to residential homeowners for lighting and refrigerator/freezer recycling. Additional programs are scheduled for 2009 but are not yet active.


The lighting incentive is administered as a discount program where purchasers receive a discount on compact fluorescent light bulbs (CFLs). Orders can be made over the phone, on-line, or at participating retail establishments in the Ameren service area (see website for details). Purchases are limited to 20 CFLs per customer per year. The refrigerator and freezer-recycling program provides a $35 rebate and free pickup and disposal of up to two qualifying appliances per household. Eligible equipment must be 10-27 cubic feet in size, be in use as a secondary unit, have been manufactured before 1993, and be operable at the time of pick-up.


City Water Light and Power - Commercial Energy Efficiency Rebate Programs


Maximum Incentive:

  • Insulation: $500

Summary:

City Water Light and Power has two rebates to help their commercial customers increase the energy efficiency of their facilities. Energy efficient air-to-air, geothermal and water-loop-system heat pumps are eligible for rebates which vary according to the technology type, cooling capacity, cooling efficiency, and category, as defined by program rules (all-new/all-electric; air-conditioner-replacement; or replacement heat pump). Another rebate will pay for 30% of the cost of installing insulation up to $500.


CWLP also offers free commercial lighting energy audits through the CityLights Program. Please see the website for more details. Programs are available only to CWLP electric customers.

City Water Light and Power - Residential Energy Efficiency Rebate Programs

 

Maximum Incentive:

  • Insulation: $500
  • Water Heaters: $400

Summary:

City Water Light and Power offers three rebates to Springfield residential customers for increasing the energy efficiency of their homes. Customers interested in the water heater rebate must be pre-certified by CWLP before removing existing gas water heaters and before purchasing or installing new electric water heaters in their new or existing homes. CWLP requires a post installation inspection before awarding the rebate. Visit the website for more details and application forms. Rebates are available only to CWLP electric customers.


The utility also offers a refrigerator-recycling program to its residential customers that provide a $50 rebate and free collection of the old appliance. In order to qualify, the refrigerator being recycled must be operable, have been manufactured prior to 1993, and be 10-27 cubic feet in size. Additional details are available on the program website.


ComEd - Smart Ideas for Business Efficiency Program

 

Maximum Incentive:

  • Total: $100,000 per site per program year for all incentives combined
  • Custom: incentive may not exceed 50% of project cost or 100% of incremental cost of equipment

Summary:

ComEd is no longer accepting 2008 applications, effective November 1, 2008. The start date of the year two (Y2) program is June 1, 2009. Wait listed 2008 applications will have the first opportunity to apply for Y2.


Commonwealth Edison (ComEd) offers its non-residential Illinois customers a wide range of incentives for the installation of energy efficiency improvements. Prescriptive rebates are available for many lighting, refrigeration, HVAC, and motor efficiency improvements. Custom rebates are available for some measures not covered by the prescriptive rebates. Pre-approval is required for all custom rebates and is encouraged for prescriptive rebate applications. The program is available only to non-residential customers that receive wire service from ComEd under an eligible rate schedule (see program website for details). This includes ComEd distribution customers that purchase energy through an alternative supplier.


Prescriptive incentive amounts vary according to equipment type, size, and relative level of energy efficiency. Custom incentives are based on the amount of energy that a given improvement saves. Custom measures must comply with minimum and maximum payback period requirements that vary by project type. The total of all incentives received per program year may not exceed $100,000 per site and the rebate received for custom improvements may not exceed 100% of the incremental cost or 50% of the project cost.


Projects involving only equipment that qualifies for a prescriptive incentive are not eligible for custom incentives. However, projects that involve a combination of prescriptive measures and measures not eligible for prescriptive incentives are permitted to apply under the custom program. The following measures are specifically defined as ineligible to receive incentives:

  • Fuel switching
  • On-site electricity generation
  • Operational and maintenance practice changes or simple control modifications not involving capital costs
  • Peak shifting
  • Measures installed or receiving funding under another utility incentive program
  • Renewables

The current program year (Y1) runs from June 1, 2008 to May 31, 2009. Measures installed or costs incurred outside of this time period are not eligible for incentives. Please consult the program website for additional details on program eligibility and application requirements.


ComEd - Smart Ideas for Your Home Efficiency Program

 

Maximum Incentive:

  • Lighting: In-store discount
  • Refrigerator/Freezer Recycling: $25 (Maximum $50.00)
  • All-Electric Efficiency Upgrades: Free of charge service

Summary:

Commonwealth Edison (ComEd) offers residential customers and building owners (or managers) incentives for certain energy efficiency upgrades and improvements. Incentives are available to residential homeowners for lighting and refrigerator/freezer recycling. Building owners and property managers are eligible to receive incentives for certain efficiency upgrades in residential buildings where electricity is used for both water heating and space heating.


The lighting incentive is administered as an off-the-shelf discount program where purchasers receive a discount on compact fluorescent light bulbs from participating retailers (see website for listing). There is a 12-bulb limit per purchase and the discount will only be available while supplies last. The refrigerator and freezer-recycling program provides a $25 rebate and free pickup and disposal of up to two qualifying appliances per household. Eligible equipment must be 10-30 cubic feet in size and be empty and operable at the time of pick-up. The all-electric efficiency upgrade is a free of charge program where technicians will perform the following tasks on behalf of building owners and property managers:

  • Install up to four Compact Fluorescent Lights (CFLs).
  • Replace sink aerators with high-efficiency aerators that save water and energy.
  • Install a new, efficient showerhead.
  • Wrap electric water heater, if necessary

The technicians will also perform a free of charge energy assessment of common areas in addition to the upgrades above. Condo owners and renters are encouraged to have their property manager or building owner contact ComEd about this program. ComEd also offers an air-conditioner cycling and real-time residential pricing program. Please see the program website for further details.


MidAmerican - EnergyAdvantage Commercial New Construction Rebate Program

 

Maximum Incentive:

  • Construction rebates are based on kWh saved, and range from $0.05 to $0.14 per kWh
  • Design rebates are based on square footage of project

Summary:

MidAmerican Energy's Commercial New Construction Program offers businesses within their distribution region incentives for energy efficient construction and design of new or preexisting buildings. Construction incentives are paid to the building owner based upon the kWh savings modeled and verified as installed by an independent modeler contracted by MidAmerican Energy. A minimum energy savings of 5 percent beyond that required by the state of Illinois code is required to qualify. Incentives range from $.05 to $.14 per kWh. Rebate incentives also are available for natural gas savings. Design Incentives are paid to design teams who use the services of an independent building energy performance modeler contracted by MidAmerican Energy. The independent modeler will analyze potential energy savings and produce a final energy verification report. Design incentives are determined based on the square footage and type of building. To participate in these programs, customers must print and complete the application form. Customers who participate in this program are ineligible for rebates from other MidAmerican EnergyAdvantage programs.


MidAmerican Energy - Commercial EnergyAdvantage Rebate Program

 

Maximum Incentive:

  • Varies widely depending on technology. Specific rebate amounts are listed in detail on program website.

Summary:

MidAmerican Energy offers a large variety of energy efficiency rebate programs to its nonresidential customers located in Illinois. The amount of the rebate varies greatly depending on the technology, its size and efficiency. Brochures that contain the details of rebate amounts and a rebate application can be accessed by clicking on the following links:

Rebates must be submitted within three months of equipment installation in existing buildings and within six months of equipment installation in new construction. An itemized and dated invoice from the contractor must accompany the equipment application and must include details about the sizes and efficiency of all equipment. MidAmerican Energy also offers a custom system rebate for projects that improve energy efficiency but may not fit into the above-mentioned rebate programs.


MidAmerican Energy also offers the BusinessCheck program, which is a free on-site energy audit service for small commercial facilities. An energy specialist will give recommendations and have several energy efficient options ready to install during the visit. Audit applications are available from the Business Check Program Website


MidAmerican Energy - Residential Energy Efficiency Rebate Programs

 

Maximum Incentive:

  • Natural Gas Furnaces: $250 - $350
  • Natural Gas Boilers: $100 - $400
  • Natural Gas Water Heaters: $50
  • Window Air Conditioners: $50
  • Central Air Conditioners: $200 - $500
  • Air-source Heat Pumps: $200 - $700
  • Add-on Heat Pumps: $200 - $600
  • Geothermal Heat Pumps: $1,000 - $2,000
  • Insulation: 70% of project cost – Max $600
  • Foundation Insulation: 70% of project cost – Max $600

Summary:

The MidAmerican Energy Residential Equipment Rebate Program offers rebates to its residential home-owning customers for the purchase of energy-efficient heating and cooling equipment. Rebates range from $50-$2,000 for natural gas furnaces, natural gas boilers, air conditioners, natural gas water heaters, and air-source or geothermal heat pumps. Rebate amounts vary by efficiency, size and type of equipment. All equipment must meet certain energy efficiency standards listed on the program website. A printable version of the rebate application can also be found on the program website.

MidAmerican Energy's Home Check Program offers a free home energy audit and insulation up-grade rebate to its residential Illinois customers who live in (and own) a home or mobile home built prior to Dec. 31, 1998, and whose primary heating source is supplied directly by MidAmerican. A trained energy specialist will perform a free energy assessment and, where appropriate, install selected energy-saving improvements such as: A water heater insulation blanket, six feet of water pipe insulation, energy-efficient light bulbs, etc. If the results of the energy assessment show that the insulation in the home is below the recommended levels, a second appointment with an approved contractor can be arranged to make the additional insulation installment. MidAmerican will pay up to 70 percent (maximum of $600) of the installed cost of the recommended insulation. An additional rebate of up to 70 percent (maximum of $600) is available for foundation insulation. Customers can call 800-545-0762 to request a HomeCheck.


North Shore Gas - Chicagoland Natural Gas Savings Program

 

Maximum Incentive:

  • Insulation: 75% or project cost – Max $750
  • Boilers: $350-$600, depending on efficiency
  • Furnaces: $350-$450, depending on efficiency
  • Water Heaters: $75-$400 depending on type and efficiency
  • Clothes Washer: $100

Summary:

North Shore Gas offers the Chicagoland Natural Gas Savings Program to help their customers to purchase energy efficient equipment. Homeowners, landlords and small business owners are eligible for rebates on energy efficient furnaces, boilers, water heaters, insulation, and clothes washers. To qualify, gas furnaces, boilers, and water heaters must be installed by professional contractors. Property owners may opt to self-install insulation and clothes washers or hire a professional contractor. A full list of eligible models and insulation and instructions on how to apply for the rebates can be found on the Chicagoland Natural Gas Savings Program website. Applications must be made no later than 60 days after the equipment purchase date or by May 31, 2009, whichever comes first.

The Chicagoland Natural Gas Savings Program is funded by customers of North Shore Gas, through a line item on the bill called the Enhanced Efficiency Program. The Program is guided by North Shore Gas, the Citizen's Utility Board, the City of Chicago Department of Environment, the Environmental Law and Policy Center, and the Illinois Attorney General's Office.


Peoples Gas - Chicagoland Natural Gas Savings Program

 

Maximum Incentive

  • Insulation: 75% or project cost – Max $750
  • Boilers: $350-$600, depending on efficiency
  • Furnaces: $350-$450, depending on efficiency
  • Water Heaters: $75-$400 depending on type and efficiency
  • Clothes Washer: $100

Summary:

Peoples Gas offers the Chicagoland Natural Gas Savings Program to help their customers to purchase energy efficient equipment. Homeowners, landlords and small business owners are eligible for rebates on energy efficient furnaces, boilers, water heaters, insulation, and clothes washers. To qualify, gas furnaces, boilers, and water heaters must be installed by professional contractors. Property owners may opt to self-install insulation and clothes washers or hire a professional contractor. A full list of eligible models and insulation and instructions on how to apply for the rebates can be found on the Chicagoland Natural Gas Savings Program website. Applications must be made no later than 60 days after the equipment purchase date or by May 31, 2009, whichever comes first.


The Chicagoland Natural Gas Savings Program is funded by customers of Peoples Gas, through a line item on the bill called the Enhanced Efficiency Program. The Program is guided by Peoples Gas, the Citizen's Utility Board, the City of Chicago Department of Environment, the Environmental Law and Policy Center, and the Illinois Attorney General's Office.


Other States


Other States Incentives can be research at DSIRE website.

 

OLD Tax Credit and Incentives Page for reference-CLICK HERE

 

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