Trade Ally Newsletter - Q2 2025

Potential 2025 funding changes

The Nicor Gas Energy Efficiency Program is in the last year of a four-year funding cycle which ends on December 31, 2025. As the current cycle winds down, it may be necessary to reduce rebate amounts or temporarily discontinue offerings if funds are exhausted. Please keep in mind that program funds are not guaranteed and are subject to change at any time. This is especially important for Contractor Circle members offering the rebate as an instant discount. If you have any questions, please contact our outreach –their  information is available on our Trade Ally webpage. 

New residential furnace rebates changes

Effective Tuesday, July 1, 2025, residential furnace rebates will be reduced by $50. Please update your sales teams and prepare to accommodate the rebate changes. If you are a Contractor Circle member offering the rebate as an instant discount, please confirm you are providing the correct amount. 

An updated application and fact sheet reflecting the new rebate amounts will be shared as soon as possible. These items will also be posted on our Trade Ally and our Residential Rebates webpages on July 1.

Float over to new pool cover rebates this summer

Summer is here! Your customers with pools heated by natural gas can now take advantage of our new residential pool cover rebates. The indoor pool cover rebate is $1.25 per square foot and outdoor is $0.75 per square foot. We also have these rebates for multi-family and commercial customers. Refer to the rebate applications to confirm product eligibility requirements.

Residential rebate details can be found HERE.

Multi-family and commercial rebate details can be found HERE.

Go beyond savings with steam trap rebates for commercial and multi-family buildings

Nicor Gas commercial customers find great value in our steam trap rebates. We previously announced that, effective May 1, prescriptive steam trap rebates decreased to $200 per trap.  Please make sure that you are using the new applications with the correct amounts!

Combined heat and power (CHP) webinar recap

Combined heat and power (CHP), also referred to as cogeneration, can deliver significant advantages for commercial and industrial customers. Watch our recap with Ben Campbell, Senior Research Engineer for the University of Chicago’s Energy Resources Center.

On-Bill financing interest rate decrease

EEffective Sunday, June 1, 2025, the interest rate for both the residential and small business/multi-family energy efficiency on-bill financing loan offerings decreased from 8.74% to 8.24%.

All other program terms will remain the same. The interest rate for any loans issued before June 1, 2025, will not change. If you are not currently an on-bill financing loan approved contractor and you want to participate, you can learn more here.

If you have any questions, please either contact our team at eeinfo@nicorgas.com or Slipstream EFS, the program lender, at 877.923.2665.

Contact Our Team

If you have any questions about our offerings, rebates and incentives, please contact the program-specific outreach team members for assistance. We can also schedule either an in-person or virtual visit with you to provide a program overview for you and your team. Please click below to request a meeting!