New Hampshire Electric Co-Op - SmartSTART Energy Efficiency Loan Program (New Hampshire)

From Open Energy Information

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place New Hampshire


Name New Hampshire Electric Co-Op - SmartSTART Energy Efficiency Loan Program
Incentive Type Utility Loan Program
Applicable Sector Commercial, Residential
Eligible Technologies Building Insulation, Custom/Others pending approval, Duct/Air sealing, Lighting, Lighting Controls/Sensors
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount not specified








Maximum Incentive not specified





Terms Rate: 0%
Repayment: not specified
Program Administrator New Hampshire Electric Co-Op
Website http://www.nhec.com/business_energysolutions_smartstart.php


References DSIRE[1]


Summary

New Hampshire Electric Co-Op's SmartSTART (Savings Through Affordable Retrofit Technologies) Program is a no-money-down option to have energy efficient products installed in a home or business. The cost of the improvements is repaid over time, using the savings generated by the products themselves. For instance, if a customer installs energy efficient products worth $500 and those products save the customer $50 per month, the customer will pay for the product in monthly payments on electric bills equal to three-fourths of the savings, or $37.50 per month. Customers still realize overall savings on electric bills while paying for energy efficient improvements that will save money for years to come. If the customer moves and the installed products stay, the obligation to pay for them ends. The next occupant will "pay as they save." The SmartSTART program can be used for weatherization measures such as air sealing and insulation, lighting and lighting controls, and other efficiency measures verified by the Co-op.

Incentive Contact

Contact Name Member Solutions
Department New Hampshire Electric Co-Op
Address 579 Tenney Mountain Highway
Place Plymouth, New Hampshire
Zip/Postal Code 03264-3154
Phone (800) 698-2007


Website http://www.nhec.com/


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"