Property Management Incentives
If you own or manage a multifamily property with three or more rental units serviced by Ameren Illinois, we have some great news for you — we can help you start saving on energy costs!
FREE Energy-Saving Products: We’ll give you energy efficiency products for each unit, such as LEDs, showerheads, aerators, smart power strips, and thermostats — plus, LED light bulbs at no cost for your common areas.
Air Sealing and Insulation: You can also receive financial incentives for air sealing and insulating the units, if your property meets certain requirements.
Steps to Save
It's easy to get started!
Get details on free energy-saving products, incentives and savings on building upgrades. Select In-Unit Efficiency Savings or Common Area Lighting to learn more about the available incentives.
Complete a Participation Agreement to begin the process of securing energy-saving incentives for your property. Pre-approval is required for all incentive requests.
Contact the Multifamily Energy Advisor in your territory to submit required participation agreements or with further questions about incentives for your multifamily rental property.
Frequently Asked Questions
Why should I participate in the Ameren Illinois Multifamily Properties incentive offering?
If you own or manage a qualified property, the Multifamily Properties offering provides incentives to help you make money-saving upgrades to your property’s individual units and common areas. You may also qualify for direct installation assistance from Ameren Illinois — making it even easier for both you and your tenants to achieve energy savings.
What does the Multifamily Properties incentive offering cost me?
In most cases, nothing. The following energy efficiency products are provided at no cost to property owners and managers participating in the program:
- High efficiency showerheads
- Faucet aerators
- Smart power strips
- Programmable thermostats (installation charges may apply)
COMMON AREA UPGRADES
Property owners may also be eligible to receive financial incentives from Ameren Illinois for air sealing and insulating the units (property must meet certain requirements).
This seems too good to be true. What's the catch?
There is absolutely no catch. Ameren Illinois' Multifamily Properties incentives are designed to help participating property owners and/or managers offset most or all of the cost to install energy-efficient products in their property’s individual units and common areas.
For other energy efficiency measures, such as air sealing and insulation, the property owner may only be required to pay a fraction of the cost, while incentives covers the rest.