Illinois Energy Efficiency Loans provide special financing for the purchase and installation of qualified energy-efficiency products and services. Eligible small business owners (with peak demands <100kW) who own the property and are listed as the utility account holder may apply. Your loan payment will be billed monthly on your ComEd bill.
ComEd is one of three Illinois utilities offering Energy Efficiency Loans, along with Ameren Illinois and Nicor 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.
This program is offered by ComEd in accordance with Illinois public law.
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 8.74% for small business 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/EFS, processes all applications and makes all loan determinations. EFS is the capital provider and financial services subsidiary of Slipstream. Funds for this program are limited.
*As of May 1, 2023.
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 also qualify for an Energy Efficiency Loan. Rebates are available from ComEd for these products, plus more.
Call us at
1-855-433-2700 during normal business hours to speak with a ComEd Energy Efficiency Program representative.
Email us at
For more details,
watch this informative video or
download the fact sheet (pdf).