"The Needs of Homeowners & Contractors; Case Studies in Home Energy Retrofits"
Snugg Home provides a complete technology and partner platform for home energy retrofits that are profitable and simple for the homeowner.
Financing Needs of Homeowners & Contractors Survey
1. Financing Needs of Homeowners &
Contractors
Adam Stenftenagel – Snugg Home
2. Colorado Retrofit Working Group
Contractor Survey
Presented by:
Adam Stenftenagel
Principal
Snugg Home
www.SnuggHome.com
3. • Created to help solve the complicated
puzzle of home energy retrofits
• “We do the work for you”
• OptiMiser: More accurate
recommendations, estimates & ROI
• We bring it all together in one place: Audit,
Financing, Contractor, Quality Assurance
4. Contractor Survey
• Residential Retrofit Working Group created to
identify the barriers in the retrofit industry in
Colorado
• We needed to hear from contractors:
• Current capacity
• Interest in scaling up
• Needs in order to scale up
• Financing topped the list
5. Contractor Survey
• Survey created by RRWG Finance and
Contractor Committees
• Conducted from June 7 to June 21, 2010
• Sent to contractors from:
• Energy Efficiency Building Coalition (EEBC)
• Boulder Green Building Guild (BGBG)
• Efficiency First
• Preferred contractor list from Xcel’s Energy
Audit program.
• 86 total responses (50 completed survey)
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14. Summary
• A diversity of small to mid-size firms are
performing home energy retrofit work
• 95% of them want to grow
• 42% have not applied for a business loan
• More than ½ that have applied did not get the
loan or are pending
• 62% of contractors feel that homeowner
financing is a barrier to their success
15. Summary
• There is a large, unsatisfied demand for
business loans to contractors and retrofit loans
for homeowners.
• We’ve seen what the growth figures look like
for the Energy Efficiency Industry today.
• Financing is the crucial component to making
this happen.
16. For more information about this
survey, please contact:
Adam Stenftenagel
Principal
Snugg Home
adam@snugghome.com
720-663-7836
www.SnuggHome.com