Monday, April 23, 2012

Nicor Gas Energy Efficiency incentives Help Revitalize Communities through Building Upgrades

Improving energy efficiency reduces operating costs and enhances is comfort in existing buildings. Investing in energy efficiency should be an obvious choice when renovating a building, but many building owners face roadblocks that make the process challenging. They might need expert advice on which energy efficiency upgrades to implement, or they might have trouble financing the improvements. A new program through the Nicor Gas Energy Efficiency Program makes investing in energy efficiency easy and affordable for owners of commercial, industrial and multi-family buildings.

The Nicor Gas Economic Redevelopment Program focuses on serving communities that are in need of economic redevelopment, as well as businesses and organizations that create jobs, offer social services or provide affordable housing. The program offers financial incentives and extensive technical assistance, helping building owners with every step of the process, from evaluating energy efficiency needs to applying for rebates and finding qualified contractors.

“The Nicor Gas Energy Efficiency Program is a helping hand to our customers and communities,” says Jim Jerozal, Nicor Gas Director, Energy Efficiency. “This new Economic Redevelopment Program allows us to target resources to make sure building renovations in challenged areas are as cost-effective as possible. By leveraging energy efficiency to lower lifetime operating costs, entities in TIF districts and Enterprise Zones can spend less on their buildings and more on other improvement initiatives.”

Projects that complete the recommended energy efficiency upgrades can qualify to receive up to $100,000 in rebates. The exact amount of incentive is based on the energy efficiency features implemented and energy saved. The more the upgrades improve energy efficiency, the larger the incentive. In addition to receiving incentives, projects that complete energy efficiency improvements will benefit for years to come, enjoying lower energy costs and greater occupant comfort.

In addition to financial incentives, the program offers extensive technical assistance (valued at up to $20,000) to help building owners through every step of the process. Qualifying projects receive a complete evaluation of the building and a report detailing recommended energy efficiency upgrades, estimated savings, and incentives available from the Nicor Gas Energy Efficiency Programand other programs. The program also assists customers in applying for incentives, provides design review, and offers construction oversight to ensure quality results.

Projects that qualify for this program include those that are located in, or promote economic development in Enterprise Zones, TIF districts or other economically challenged areas. Other projects that could qualify are those that create jobs, offer social services, rehabilitate brown fields or vacant buildings, or provide affordable housing. Qualifying facilities should be at least 10,000 square feet.

To apply for this program or for more information, please contact the Nicor Gas Energy Efficiency Economic Redevelopment team at 773.328.7040 or or visit economic.

Nicor Gas Energy Efficiency Program offers are available on a first-come, first-served basis. This offer is subject to change or termination without notice at the discretion of the Economic Redevelopment Program. The Nicor Gas Energy Efficiency Program is a multi-year program funded by Nicor Gas ratepayers in compliance with state law through a small charge identified on bills as “Energy Program.”

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