| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | New Hampshire |
| Incentive Type: | Loan Program |
| Web Site: | https://www.nhec.com/smartstart-project-financing/ |
| Administrator: | New Hampshire Electric Co-Op |
| Eligible Efficiency Technologies: | Lighting, Lighting Controls/Sensors, Compressed air, Energy Mgmt. Systems/Building Controls, Duct/Air sealing, Building Insulation, Motors, Motor VFDs, Custom/Others pending approval |
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 business or municipality. The cost of the improvements is repaid over time, using the savings generated by the products themselves. For instance, if a member 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 one quarter of the savings, or $37.50 per month. Customers still realize overall savings on electric bills while paying for energy efficiency 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, HVAC, Motors, VFD’s, Controls, Compressed Air, and other efficiency measures verified by the co-op.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
