Smart-E Battery

Battery storage paired with solar PV gives you a new way to control your home’s power supply and keep the lights on during an outage. Batteries make your home more resilient by allowing you to decide when and how your solar power is consumed.

Who can add a battery?
Batteries can be added to an existing solar PV system or coupled with a new solar PV installation.

Key terms:

  • 5, 7 and 10-year terms available
  • Finance battery storage at 2.99% up to $25,000
  • Low blended rates available for battery storage paired with solar (over $25,000 up to $40,000)

Learn more about batteries in Solar United Neighbor’s Battery Guide.

Connecticut Green Bank – in partnership with Energize CT and select local lenders and contractors – offers long-term, low-interest financing to help you upgrade your home’s energy performance with no money down.

Whether you are looking to improve the comfort of your home, lower your energy costs, or increase your home’s value, a Smart-E Loan makes it easy!

Typically when your solar PV system produces more electricity than your home needs at that time (like when the sun is out but you’re at work), it gets sent back to the utility grid. Batteries allow you to store that extra electricity and use it to power your home later.

If there is a grid outage event, you can use your stored solar energy to power
certain loads in your home like your lights and refrigerator until the grid comes back online. Since your batteries are recharged by solar, your battery will
recharge itself each day when the sun comes out.

Cleaner: Unlike generators that run on fossil fuels, batteries charged by solar energy are a cleaner option for powering your home during an outage.

Customizable: Batteries can be customized to meet your home’s energy needs. Ask your contractor about designing a system that works for you.

  1. Find a Contractor to discuss your energy improvements.
    If your contractor is not on the approved list, they should contact [email protected] for Smart-E training.

    Using multiple contractors?
    Select one to act as your general contractor. They will help facilitate this process for you.

  2. Select your home energy upgrade.
    Your contractor will work with you to be sure the improvements meet our eligibility requirements. Click on the Smart-E Loan Eligibility Requirements tab below.

  3. Get pre-approved by a participating lender.
    Apply directly with your selected lender before your contractor begins the project.

  4. Close your loan with your lender.
    Your lender will reach out to schedule a loan closing once the project is approved.

  • Property must be located in Connecticut
  • Property must be owner-occupied
  • Property must be a 1 to 4 unit residential building
  • Condominiums must be individually metered

Choose from these local lenders covering all of Connecticut. Click below to learn more about each institution’s service area, rates and special offers. Apply today!

 

capital4change-horizontal-200x100_1 www.capitalforchange.org
(860) 233-5165
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coreplus.org
(860) 886-0576

https://bankeasternct.com/
(860) 889-7381
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ion-bank-200x100 www.ionbank.com
(203) 729-4442
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mscu_logo_200 www.mscu.net
(800) 761-2400
smart-e-lenders-mutual-200

nutmeg-logo-200x100 www.nutmegstatefcu.org
(860) 513-5000
smart-e-lenders-nutmeg

patriotbank_200 www.pnbk.com
(203) 252-5913
smart-e-lenders-patriot

thomaston-savings-logo-200x100 www.thomastonsavingsbank.com
Local: (860) 283-1874
Toll-Free: (855) 344-1874
smart-e-lenders-thomaston

union-savings-logo-200x100 www.unionsavings.com
(203) 830-4200
smart-e-lenders-union