Skip Ribbon Commands
Skip to main content

Residential Financing Options


Making Efficiency Upgrades Affordable

Energy Efficiency Loans provide special financing for the purchase and installation of qualified energy-efficiency products and services. Eligible homeowners, owners of residential buildings of 4 units or less may apply. Your loan payment will be billed monthly on your ComEd bill.

ComEd is one of five Illinois utilities offering Energy Efficiency Loans, along with Ameren Illinois, Nicor Gas, Peoples Gas, and North Shore Gas. Each utility may have additional energy-efficient products and services that qualify for these loans. Customers can view detailed loan information and review the products and services available from each utility.

The ComEd Energy Efficiency Program is funded in compliance with state law.
Offers are subject to change.

Eligibility Requirements

  • Be a ComEd delivery service customer with an active ComEd account in the building where the energy-efficiency improvement will be installed.
  • Be the owner of the building where the energy-efficiency improvement will be installed.
  • Have a credit score of 640 or greater if you are a residential customer

Prequalify Before You Purchase

You must pre-qualify for your loan prior to the purchase of any of these products or services. Apply online for prequalification. The interest rate is currently 4.99% for residential loans.* You will need your ComEd account number to complete the application. You may apply for both electric and natural gas energy-efficiency measures on the same application. Our vendor, Slipstream, processes all applications and makes all loan determinations. Funds for this program are limited.

*As of May 1, 2018.

Available Residential Financing

High-efficiency central air conditioning systems, air source heat pumps. Qualifying products that meet the eligibility requirements of the ComEd Energy Efficiency Program Heating and Cooling Rebates offering may qualify for an Energy Efficiency Loan. Rebates are available from ComEd for these products, plus more. 

Apply Now

Assistance: Call 855-433-2700

View the Frequently Asked Questions

 Content Editor

​On-Bill Financing

Find fixed-rate loans for efficient heating and cooling systems, smart thermostats and more! Download the fact sheet (pdf).

© Commonwealth Edison Company, 2020. All Rights Reserved.