Many financing programs offer promotional or “teaser” interest rates for an introductory time period that then revert to a very high rate if the loan balance is not paid off during the promotional period. These “credit card” types of financing also do not necessarily guarantee a fixed rate or payment for the loan term.
Illinois Energy Efficiency Loans are simple interest, fixed rate loans with longer terms available than typical bank financing. The monthly payment and interest rate can never change. And since there is no penalty for pre-payment, you may pay it off or make additional principal payments at any time.
Energy Efficiency Loans are now available from five Illinois utilities offering Utility Energy Efficiency Loans, ComEd, Nicor Gas, Peoples Gas, and North Shore Gas. Each utility has energy efficiency products that qualify for these loans.
Click on the logo below to check out the products available to you from each utility company.
Note that each company will have different products and requirements.
For a complete system (furnace and air conditioner), please only fill out ONE (1) Application (either ComEd OR your gas provider).
Pure Air, Inc. works with a variety of financial institutions to offer our customers the best options for financing. These are just a few options we are offering. Please feel free to contact our office regarding additional financing options.