Solar and geothermal systems cut Dan & Sarah’s energy bills to just $630
When Dan and Sarah bought their home and planned renovations, the large old, existing oil heating system had to go. They insulated the attic and windows to improve energy efficiency, and added a geothermal system as well as solar panels. Using a Smart-E loan, they were able to access low interest rate financing to cover these costs.
Thanks to these renewable and energy efficiency upgrades, Dan and Sarah’s yearly electric and heating expenses were only $630.
“When we first moved into the house, we knew this was a fixer-upper and that we wanted to make renovations. There would be no way to do this without the Smart-E loan. It was a pretty easy process.”
– Dan
Location
Redding, CT
Energy Update
Solar Panels and Geothermal System
Total Loan Amount
$25,000
Projected Energy Savings
$630 • annually
