Financing Needs of Homeowners &
           Contractors
                Adam Stenftenagel – Snugg Home
Colorado Retrofit Working Group

   Contractor Survey
         Presented by:

      Adam Stenftenagel

         Principal
...
• Created to help solve the complicated
  puzzle of home energy retrofits
• “We do the work for you”
• OptiMiser: More acc...
Contractor Survey

• Residential Retrofit Working Group created to
  identify the barriers in the retrofit industry in
  C...
Contractor Survey

• Survey created by RRWG Finance and
  Contractor Committees
• Conducted from June 7 to June 21, 2010
•...
Summary

• A diversity of small to mid-size firms are
  performing home energy retrofit work
• 95% of them want to grow
• ...
Summary

• There is a large, unsatisfied demand for
  business loans to contractors and retrofit loans
  for homeowners.

...
For more information about this
    survey, please contact:

       Adam Stenftenagel
           Principal
         Snugg ...
Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home
Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home
Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home
Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home
Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home
Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home
Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home
Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home
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Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home

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"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.

Published in: Real Estate
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Colorado Energy Finance Summit: Adam Stenftenagel, Snugg Home

  1. 1. Financing Needs of Homeowners & Contractors Adam Stenftenagel – Snugg Home
  2. 2. Colorado Retrofit Working Group Contractor Survey Presented by: Adam Stenftenagel Principal Snugg Home www.SnuggHome.com
  3. 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. 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. 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)
  6. 6. 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
  7. 7. 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.
  8. 8. For more information about this survey, please contact: Adam Stenftenagel Principal Snugg Home adam@snugghome.com 720-663-7836 www.SnuggHome.com

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