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Energy Efficiency Improvement Program Newsletter

Vol. 4, Issue 2 • June 2010

ComEd Raises Financial Incentives for Buildings

ComEd’s Smart Ideas for Your Business New Construction service is getting even greener.

ComEd will increase the maximum funding amount of financial incentives for new construction or major renovation projects in its service territory to $150,000—a $50,000 increase since the program’s inception in June 2009.

The Smart Idea New Construction service combines financial incentives and technical assistance to encourage building owners, architects, engineers and contractors to design high performance buildings and exceed standard building practices. The New Construction service, which follows the IECC 2009 state code as its baseline, is designed for industrial facilities, offices, schools, universities, hospitals, restaurants, retail and nonprofits. Residential and municipal projects are not eligible.

What are the benefits?

• Financial incentives of up to $150,000 per project
  
• Design incentives for eligible projects in the Comprehensive Track
  
• Free technical assistance to identify ways to save energy and lower operating expenses
  
• Increased property value and reduced environmental impact.