IMEA Electric Efficiency Grant Program Applications Now Being Accepted
Non-residential Naperville Electric Utility customers can apply for energy efficiency grants
Naperville, IL— Non-residential customers of Naperville’s Electric Utility are invited to apply for the 2020 Naperville/Illinois Municipal Electric Agency (IMEA) electric efficiency program, which helps commercial, educational, nonprofit and institutional utility customers make energy efficiency upgrades. This is the second year of a three-year grant the IMEA has awarded the City of Naperville to be used for energy improvements.
Types of projects that might qualify include the installation of light-emitting diode (LED) exterior and interior lighting systems, refrigeration measures, and variable speed drives for HVAC pumps and motors. Projects may receive up to 50 percent of the total project cost (up to $20,000), and the awarded funds must be matched dollar-for-dollar by the applicant.
Applicants are limited to $20,000 per program annual award cycle. Any customer (or owner of multiple properties) can only receive up to a $20,000 incentive award until Sept. 1, 2020. Then, if there are any remaining funds, applicants/business owners already awarded incentives would be eligible for up to an additional $20,000 incentive for a separate project location based on the date the application was received.
Pre-approval and pre-project inspections are required for all projects, and applicants who want to receive an incentive for an electric efficiency project should not begin the project until they have received a notice to proceed and passed a pre-inspection. Post-project inspections are also required. Projects must be completed within one year from the date of the award or funding will be withdrawn.
Applications will be accepted on a first-come, first-evaluated basis until all funds are awarded. More information about the program is available at www.imea.org/EEProgram.aspx, and applications are available at www.imea.org/EEIncentives.aspx.
The IMEA Electric Efficiency Program helps IMEA member cities like Naperville and their customers reduce their electric demand and consumption, thereby reducing wholesale power costs. This allows members to shift dollars for other needs and to enhance the economic climate by making utility costs more affordable for established and potential businesses. For more information about this grant program, visit www.naperville.il.us/imeagrant.
About Naperville: Located 28 miles west of Chicago, Naperville, Ill., is home to approximately 145,000 people. This vibrant, thriving city consistently ranks as a top community in the nation in which to live, raise children and retire. The city is home to acclaimed public and parochial schools, the best public library system in the country, an array of healthcare options and an exceptionally low crime rate. Naperville has ready access to a variety of public transportation, housing and employment options. The city’s diversified employer base features high technology firms, retailers and factories, as well as small and home-based businesses. Residents also enjoy world-class parks, diverse worship options, the opportunity to serve on several City boards and commissions, a thriving downtown shopping and dining area, a renowned outdoor history museum known as Naper Settlement and an active civic community. For more information, please visit our website at www.naperville.il.us.