Incentives/Policies for Renewables & Efficiency
Last DSIRE Review: 07/18/2012
||Utility Rebate Program
|Eligible Efficiency Technologies:
||Equipment Insulation, Water Heaters, Furnaces , Boilers, Programmable Thermostats, Windows, Custom/Others pending approval, Complete system replacement
||Residential, Installer/Contractor, Multi-Family Residential, Low-Income Residential
|Amount:||Energy Assessment: $99 |
Storage Water Heater: $200
High Efficiency Furnace: $200-$250
High Efficiency Boiler: $350- $450
High Performance Windows: $1.50 per square foot installed
Hot Water Pipe Insulation: $10 per installation
Programmable Thermostats: $20 per unit
Complete System Replacements (Furnace & AC): $450 - $500
New Construction: Contact Nicor
|Maximum Incentive:||Incentives in excess of $600 will be reported to the IRS|
|Equipment Requirements:||Storage Water Heater: ENERGY STAR qualified, EF 0.67 |
High Efficiency Furnace: Minimum of 92% AFUE High
Efficiency Boiler: Minimum of 90% AFUE
High Performance Windows: U-Value 0.20, rated by the NFRC
Hot Water Pipe Insulation: 6 feet of 0.75 inch thick insulation installed on natural gas hot water pipes
Programmable Thermostats: Must be installed on residential natural gas space heating
Energy efficient heating products are eligible for Nicor Gas rebates. Applications must be postmarked no later than 90 days after installation. Customers can also choose the Instant Discount Option, which provides a reduced discount at point of purchase from a participating contractor. In addition to the energy efficiency rebates listed above, Nicor offers the Home Energy Savings Program through participating communities, which will provide participants with an onsite energy audit and install free energy saving products. A New Construction Program offers single- family homes and duplexes incentives for efficiency. Contractors are eligible to attend webinars about Program details, education materials/ sales tools and program information, materials to build customer awareness and demand, sales/marketing training workshops, and rebates that customers choose to sign over to the contractor, acting as an instant discount for the customer. The Multi-Family Home Energy Savings Program (with ComEd) provides free installation of several energy saving products including showerheads, faucet aerators for kitchen and bathroom sinks, and up to six compact fluorescent light bulbs (CFLs) per residential unit. Prospective participants can contact the Multi-Family Program at (877) 735-6687.
Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
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