New Hampshire Electric Co-Op: SmartSTART Energy Efficiency Loan Program

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.