Potential tax benefits offer cost savings in addition to spread-out payments of PACE financing.
The use of power purchase agreements for solar projects had been unclear before state regulators clarified last month.
The city’s gas utility says it is open to trying out an inclusive on-bill financing program if state regulators approve.
A recent summit and regulator hearings this week have brought attention to apartment building energy efficiency.
Advocates see strong potential in Chicago and surrounding areas for property assessed clean energy financing to boost investments.