Canonical program record
Nicor Gas On-Bill Financing for Small Businesses
Eligible owner-account-holders may finance rebate-qualifying improvements and repay the loan through monthly Nicor Gas bills.
What this mechanism does
- Mechanism type
- Loan
- Economic effect
- Finance the remaining cost
- Administrator
- Nicor Gas and Energy Finance Solutions
- Amount or value
- Repayable loans from $500 to $150,000; the page posted a 7.49% fixed rate effective December 1, 2025, subject to the rate at application.
- Cash-flow timing
- Capital is provided under lender terms and repaid in installments on the Nicor Gas bill.
- Upfront cash
- Required
- Repayment
- Required under the financing terms
- Program lifecycle
- Current / rolling
- Visitor treatment
- Worth checking now
This current pathway still requires program-specific eligibility and sequence checks.
Important dates and consequences
Posted fixed rate is 7.49 percent effective December 1, 2025
Date or rangeEffective 2025-12-01 until changed by the administrator
Reconfirm the rate and loan terms with Energy Finance Solutions before signing; the posted rate is information, not an approval.
Date last verified
Project fit and limits
Eligibility conditions to confirm
- The borrower must own the property and be listed as the Nicor Gas account holder.
- The utility account must remain current through loan closing.
- Work must be rebate-eligible and completed by an approved Energy Finance Solutions contractor.
Eligible costs described by the authority
- Rebate-qualifying equipment, installation, and certain related services with eligible installed cost above $500
Ineligible or excluded costs
- Self-installations
- Work or borrowers that fail utility, lender, account, or contractor requirements
Friction to plan for
- Full credit and program review applies; approval is not guaranteed.
- Only enrolled contractors can offer the financing.
- Current rate and term must be confirmed at application.