Our Blog
Rebates and Incentives: Illinois
posted at 2017-11-15
Rebates and incentives are offered to Illinois residents through the utilities for getting "qualified energy upgrades."� Illinois Home Performance (IHP), a statewide Home Performance with ENERGY STAR® program, works with local utilities to encourage homeowners to get upgrades done to their home.
A BPI Building Analyst or BPI Envelope Professional performs these upgrades, resulting in lower utility bills and increased comfort and safety. IHP then issues Certificates of Completion to the program participants.
IHP participants pay for the energy audit and upgrades. However, many of the utilities in the state of Illinois provide rebates of up to $1,600 to customers depending on the qualified measures that are installed and on the utility. Qualified measures include duct sealing, attic insulation, air sealing, and wall insulation.
These measures also allow the customer to be eligible for on-bill financing. On-bill financing means that residential homeowners can have these upgrades performed on their home, receive a rebate, and slowly pay the remaining balance off with a fixed interest rate. All investor owned utilities (IOUs) within the state of Illinois provider this service. Participants must first meet the eligibility requirements.
To get started, Illinois residents can search for an Illinois Home Performance participating contractor in their area. You will then inform the participating contractor that you are interested in having upgrades done to your home and in receiving an IHP Certificate of Completion.
The Certificate of Completion will maximize the investment you've made to your home. It's also a great tool to use when selling your home. For more information, click here.
Thus far, IHP has issued over 7,000 homeowner certificates of completion since its inception in 2009. IHP also works to educate real estate agents and appraisal professionals on energy efficiency, and provides trainings opportunities and resources to participating contractors.
Categories: General
