New England Smart Energy

Name

New England Smart Energy

Legal name

New England Smart Energy, LLC

Website

https://ne-smartenergy.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Residential Energy Efficiency Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220), Drywall and Insulation Contractors (238310)

akta.pro primary industry

Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF)

akta.pro secondary industries

Residential HVAC System Installation (Furnace/AC/Heat Pump) (HSAOAGAA), Demand Response, Utility Program Enrollment & Smart HVAC Optimization (HSAOANAJ), Smart Electrical Panel, Energy Monitoring & Load Management (HSAOANAE)

Keywords

• Home energy assessments
• Weatherization services
• Insulation installation
• Heat pump installation
• Energy efficiency upgrades

Headquarters

HQ city

Fairfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Home Energy Assessment Services: One-time assessment services (Home Energy Solutions and Home Energy Solutions-Income Eligible) providing comprehensive home energy evaluations, air sealing, duct sealing, and instant energy-saving improvements for a $40 co-pay or no-cost for income-eligible residents.
2. Insulation Installation: Professional insulation installation services (attic, basement, wall) with Energize CT rebates up to $1.70/sqft, up to $10,000. Income-eligible customers may receive 100% coverage.
3. HVAC/Heat Pump Installation: Installation of heat pumps, furnaces, boilers, central air conditioning, and water heaters with applicable rebates. Heat pump rebates of $250-$500 per ton available.
4. Window Replacement: ENERGY STAR triple-pane window replacement services with $100 rebate per window through Energize CT.
5. Financing Programs: Facilitation of financing including Smart-E loans through Connecticut Green Bank (6.99-7.99% APR, up to 20-year terms), Micro loans (0% for $500-$3,000), and Energy Conservation loans for income-eligible households.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

New England Smart Energy provides residential home energy assessments and weatherization services in Connecticut, anchored by the Home Energy Solutions (HES) assessment program (a $40 co-pay that delivers approximately $850 in services) and the no-cost Home Energy Solutions-Income Eligible (HES-IE) program. The company installs insulation, performs air sealing and Aeroseal duct sealing, replaces ENERGY STAR triple-pane windows, and installs heat pumps, high-efficiency furnaces and boilers, central air conditioning, and heat pump water heaters, with customers accessing rebates through Energize CT programs.

Product overview

New England Smart Energy is a home energy efficiency services company offering a portfolio of interconnected products centered on the Home Energy Solutions (HES) and Home Energy Solutions – Income Eligible (HES-IE) core assessment programs. The HES program ($40 co-pay) provides comprehensive home energy assessments including blower door testing, air sealing, and duct sealing, while HES-IE offers the same services at no cost for income-eligible residents. The company then provides add-on services including insulation installation (attic, basement, wall), duct sealing with Aeroseal technology, ENERGY STAR windows, heat pump HVAC systems, water heater installation, and multifamily building services. All services are designed to work together as part of a whole-home approach to energy efficiency, with rebates and financing available through Energize CT programs to make upgrades affordable.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Energy Solutions (HES) Assessment Comprehensive home energy assessment program for Connecticut homeowners, including blower door testing, air sealing, duct sealing, health and safety checks, and on-the-spot energy-saving improvements. Available for a $40 co-pay, delivering approximately $850 in services and $180 in average annual energy savings.
• Home Energy Solutions - Income Eligible (HES-IE) No-cost home energy assessment program for Connecticut households earning below 60% of area median income, providing all HES services plus additional incentives including 100% off insulation upgrades and no-cost heat pumps.
• Insulation Installation Services Professional insulation installation for attics, basements, and walls in Connecticut homes. Customers can save up to 75% on costs through Energize CT insulation rebates ($1.70 per sq. ft., up to $10,000), with 100% coverage available for income-eligible households.
• Air Sealing Service Professional air sealing that eliminates drafts, reduces energy bills, and improves indoor air quality by closing gaps and cracks in the home envelope. Included as part of HES/HES-IE assessments.
• Duct Sealing Service (with Aeroseal) HVAC duct testing and sealing using Aeroseal technology that seals ductwork from the inside with pressurized aerosol sealant particles. Eliminates the 20-30% air loss typical of leaky ductwork. Included in HES assessments; $1,600 rebate available for market-rate customers.
• ENERGY STAR Triple-Pane Window Replacement Installation of ENERGY STAR-certified triple-pane replacement windows for Connecticut homeowners replacing single or double-pane windows. $100 rebate per window through Energize CT, with up to 100% coverage for income-eligible customers.
• Heat Pump Installation Installation of ducted and ductless (mini-split) heat pump HVAC systems for Connecticut homeowners. Rebates of $250-$500 per ton available, with most homeowners qualifying for approximately $1,000-$2,000. Up to 100% coverage for income-eligible households and additional New Haven city grants up to $15,000.
• Water Heater Installation Installation of heat pump water heaters, high-efficiency electric water heaters, and tankless/on-demand water heaters. $650 rebate available for heat pump water heaters through Energize CT, with income-eligible homeowners potentially qualifying for 100% no-cost upgrades.
• High-Efficiency Heating & Cooling Systems Installation Installation of high-efficiency furnaces, boilers, and central air conditioning systems for Connecticut homeowners. Gas furnace rebate of $650 and gas boiler rebate of $750 available through Energize CT programs.
• Multifamily Energy Efficiency Services Customized energy efficiency services for multifamily buildings with 5+ residential units, including air sealing, insulation, window replacement, and HVAC upgrades. Properties may be eligible for the Energize CT Multifamily Initiative offering technical and financial support.

Quantifiable outcome

• Average $850-$1,000 in services received through HES assessment for $40 co-pay
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

15 partnerships are on record, tiered core.

• Avon Clean Energy Commission (ACEC)coreGTM or Marketing PartnerGreenUp Avon initiative partnership. ACEC promotes adoption of energy efficient practices through the GreenUp Avon initiative with goal of 100 home energy assessments in 2025. NESEG performs assessments and follow-up weatherization services.
• North Haven Clean Energy Task ForcecoreGTM or Marketing PartnerPartnership since 2007 for HES and HES-IE initiatives. Current campaign aims to help 100 North Haven residents complete energy assessments by March 2027. Task Force formed in 2007 in response to town's renewable energy goals.
• Simsbury Sustainability CommitteecoreGTM or Marketing PartnerAppointed board of Town of Simsbury promoting energy efficiency programs. Partnership goal of 100 completed assessments by May 2027. Over one-third of Simsbury households already participated in HES program.
• City of New HavencoreGTM or Marketing Partner2026 Energize Connecticut Community Partner for 'Energize the Elm City' campaign. City grant provides additional rebates for income-eligible residents including up to $15,000 for heat pump installation and $5,000 for insulation.
• Sustainable Essex / Town of EssexcoreGTM or Marketing PartnerEnergyWise Essex campaign partnership with Eversource and Connecticut Natural Gas (proud Sponsors of Energize Connecticut). Partnership to offer Home Energy Solutions assessments to homeowners and tenants.
• Chamber of Commerce, Windham RegioncoreGTM or Marketing PartnerEnergy Smart Eastern CT program partnership. Chamber works with community partners to educate residents on residential weatherization. Goal of 30 completed assessments by end of 2026. Partners include NAACP, Latino Chamber of Windham, and Eastern CT Veterans Community Center.
• Generation Power CTcoreGTM or Marketing PartnerNonprofit dedicated to helping people gain access to heat, power, and water. Launched Elevate Here initiative in East Hartford with goal of 220 completed HES-IE assessments by end of 2026.
• City of BridgeportcoreGTM or Marketing PartnerPartnership through Live Green CT Heat Healthy program. Goal of 364 completed assessments by end of 2026.
• City of Waterbury / Clean Water Action of ConnecticutcoreGTM or Marketing PartnerWaterbury Home Energy Action campaign partnership. Partners include Clean Water Action of Connecticut, Nest Inc, Riba Aspira, Neighborhood Housing Services of New Haven, and City of Waterbury with support from Eversource.
• Live Green CTcoreGTM or Marketing Partner2026 Energize Connecticut Community Partner. Supports community sustainability efforts across Connecticut. Heat Healthy program partnership with NESEG in Winsted, Torrington, and Bridgeport with combined goal of 505 completed assessments by end of 2026.
• City of West HavencoreGTM or Marketing PartnerCommunity Partnership Initiative with United Illuminating (UI) and Southern Connecticut Gas (SCG). Goal of 5% increase in residential energy efficiency program participation with emphasis on income eligible and 5+ unit buildings.
• Sustainable Fairfield Task ForcecoreGTM or Marketing PartnerGrant through Energize CT administered through United Illuminating. Sustainable Fairfield Task Force connects residents to Home Energy Solutions assessments. Congregations receive $25 donation per completed assessment.
• Energize Connecticut (Eversource, UI, CNG, SCG)coreChannel Partner/ Reseller/ DistributorAuthorized contractor for Energize CT programs. Energize CT is an initiative of the Energy Efficiency Fund, Connecticut Green Bank, State, and local electric and gas utilities. Programs funded by charge on customer energy bills.
• Connecticut Green BankcoreChannel Partner/ Reseller/ DistributorPartner for Smart-E Loans and financing programs. Connecticut Green Bank offers low-interest financing for energy-saving home improvements. NESEG helps customers access Smart-E loans (6.99-7.99% APR, up to 20 years) and Micro loans (0% for $500-$3,000).
• Building Performance Institute (BPI)coreTechnology or IntegrationNESEG technicians are BPI-certified energy efficiency experts. BPI certification ensures technicians meet standards for home energy assessments and weatherization work.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HomeWorks Energy: Massachusetts-based home energy efficiency contractor offering Home Energy Assessments, insulation, air sealing, and HVAC upgrades through Mass Save. Directly comparable in business model, service mix, and utility-program-driven GTM.
• Sealed: NYC-based home energy retrofit company providing whole-home weatherization, insulation, and HVAC upgrades with a data-driven assessment approach. Comparable in offering a one-stop-shop retrofit experience to homeowners, though operating in a different utility territory.
• PosiGen: Residential solar and energy efficiency provider focused on low-to-moderate-income homeowners. Comparable in combining energy assessments, weatherization, and HVAC/heat pump installation funded through rebates and inclusive financing.
• BlocPower: Brooklyn-based climate-tech company performing building energy retrofits, including insulation, HVAC, and heat pumps, primarily for multifamily buildings. Comparable in whole-building energy efficiency services, with more institutional/government client focus than NESEG's residential model.

Regional players

• RENU Energy: Regional home energy services contractor offering insulation, air sealing, and HVAC upgrades across the Mid-Atlantic and Southeast. Comparable service portfolio and utility-program participation, though operating outside NESEG's Connecticut footprint.
• HEAT Energy Savers: Home weatherization and HVAC contractor operating in the Northeast/Mid-Atlantic, providing insulation, air sealing, and HVAC installations through utility rebate programs. Comparable service mix and rebate-driven GTM.

Others

• Franklin Energy: National energy efficiency program implementer that designs and delivers utility rebate programs (including residential weatherization and HVAC). Comparable in being part of the Energize CT-style utility program ecosystem, but operates as a program administrator rather than an in-home contractor.
• CLEAResult: Large-scale energy efficiency program implementer working with utilities on residential and commercial rebate programs, including weatherization and HVAC. Comparable ecosystem role to NESEG as a utility-program participant, but operates at much larger scale as a B2B implementer.
• EnergySage: Online consumer marketplace for solar, HVAC, and energy efficiency products. Comparable as a customer-acquisition channel for home energy upgrades, though it functions as a lead-generation platform rather than an installation contractor.
• Connecticut Green Bank: State-level green finance institution providing Smart-E and Micro loans for residential energy upgrades. NESEG facilitates these financing programs, and Connecticut Green Bank functions as a financial enablement partner rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New England Smart Energy