State Legislature Expands On-Bill Financing to Multifamily

Thanks to the hard work and advocacy of Enterprise Community Partners and CNT Energy, the Illinois legislature passed a bill expanding on-bill financing for energy conservation to multifamily properties.  Under the utility-run program, owners of multifamily buildings with 50 or fewer units will be able to finance energy saving retrofits and repay the cost on their utility bills.  The bill, SB 2350, is awaiting signature by Governor Quinn.