Oasis Heating & Cooling offers special financing options with approved credit from Wells Fargo Bank, N.A. Apply online, or call our office at (773) 320-5395 for assistance.

Wells Fargo Financing


Illinois Energy Efficiency Loan Program



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Loan Features

  • Residential owner-occupied and tenant occupied, single-family (1-4 unit) homes, condominiums and mobile homes
  • Unsecured loan (homeowner provides no collateral) added to your monthly utility bill
  • Borrowers can finance $500 – $20,000
  • Fixed rate loan terms: 5.99% interest rate for 1, 3, 5, 7*, and 10* years
  • No fees, points, or closing costs
  • No prepayment penalty, can pay in full at any time
  • Can finance 100% of installation costs
  • Quick approval process

*The loan amount must be greater than $8,000 to utilize a 7 or 10 year loan term

Borrower(s) must meet and maintain certain utility eligibility standards in order to take advantage of the Illinois Energy Efficiency Loan (“Eligibility Standards”). You must be in compliance with the Eligibility Standards throughout the loan application process, including up to the time at which your installation is complete and your loan is to be closed and paid. The Eligibility Standards, which vary by utility, are as follows:

Ameren Illinois

  • All borrowers must be listed on the utility bill and all parties listed on the utility bill must be borrowers
  • For rental units, utility account must be in name of owner
  • Active utility account that is current
  • Utility account cannot have been cutoff for non-payment in the past 12 months nor have a pending cutoff for non-payment
  • Utility account cannot be under a deferred payment agreement or have a pending deferred payment agreement
  • Utility requirements must be met from application through loan closing when a second and final utility eligibility check will be performed

ComEd

  • The primary account holder must be the borrower
  • All borrowers must be listed on the utility account
  • For rental units, utility account must be in name of owner
  • Active utility account with no pending cutoff for non-payment
  • Utility requirements must be met from application through loan closing when a second and final utility eligibility check will be performed

Nicor Gas

  • The primary account holder must be the borrower
  • All borrowers must be listed on the utility bill
  • For rental units, utility account must be in name of owner
  • Active utility account that is not currently cut off for non-payment
  • Utility requirements must be met from application through loan closing when a second and final utility eligibility check will be performed

Peoples Gas

  • All borrowers must be listed on the utility bill and all parties listed on the utility bill must be borrowers
  • For rental units, utility bill must be in name of owner
  • Active utility account
  • Utility requirements must be met at the time of application

North Shore Gas

  • All borrowers must be listed on the utility bill and all parties listed on the utility bill must be borrowers
  • For rental units, utility bill must be in name of owner
  • Active utility account
  • Utility requirements must be met at the time of application