Electrical Contractor Frequently Asked Questions

Utility companies such as gas and electric producers are mandated by the government to assist with increasing the proliferation of high-efficiency lighting and HVAC equipment. This is needed because the rate of increase in energy consumption in the United States is outpacing the rate of supply. If energy consumption were to exceed supply, our everyday lives would change rather dramatically.

To reduce overall consumption, utility companies provide incentives to businesses to replace old equipment with new high-efficiency products and to install high-efficiency products on new construction. Most states have enacted laws prior to 2010, and you can find the line item expense on your utility bill.

No. We do not sell energy, and we're not trying to get you to convert.

There’s no catch. The U.S. energy demand is outpacing supply, which means the most cost-effective approach is to reduce energy demand. To encourage small businesses to make the switch, there are utility company programs available to help you upgrade your lighting and install energy-saving HVAC and compressed air systems. Besides being a full service electrical contractor, IKON Electric has also partnered as a trade ally with your local electricity providers, such as ComEd, to make your energy efficient upgrades easy and cost effective for your business.

If you received our information, your business likely qualifies. Contact us today to schedule your free assessment. Once the assessment is complete, you will be able to sit down with your assessor so that they can thoroughly explain all of the incentives and cost savings that may apply to your business.

The Energy Assessment is free and is a required step in the process to find out how much the utility company and/or state incentives will cover. We typically find that incentives and discounts cover about 75% of the total installation cost.

Incentive amounts vary based on the products required and the type of installation. Most businesses will see up to 75% in savings with these incentives. Additional savings may come from tax incentives. Occasionally, some customers may save more than 75%. If a project costs $5,000 without incentives, your business could expect to see an out-of-pocket cost between $1,250 and $2,500. Plus, installing high-efficiency products immediately reduces a company's utility bill.

You will need to sign the application and then complete the easy, no-hassle assessment. The application from ComEd will verify your eligibility.

Absolutely! At times, IKON Electric will partner with other contractors to ensure work is done in a timely manner and meets all of the customer’s specifications. All of our contractors are known partnerships. We supervise and inspect all work provided so that we can ensure each job meets our standards of quality and accuracy.