Written on: March 25, 2021 by ICM
Residential geothermal company Dandelion Energy is expanding sales and service to the full state of Connecticut. The expansion is due to a positive response to its Home Geothermal Systems launched in Fairfield County last year, as well as new State incentives by Connecticut’s Department of Energy and Environmental Protection (CT DEEP) to provide homeowners with rebates. These new incentives will be administered by Eversouce and United Illuminating.
Dandelion Energy has also signed a lease on a 21,000 square foot facility in Windsor, CT that will serve as the Connecticut Operations Center. Earlier this year, Dandelion announced the completion of its Series B round of funding, led by Breakthrough Energy Ventures, to allow for these expansions. Terms of the investment were not revealed.
“The response we’ve received in Connecticut so far has been tremendous,” said Michael Sachse, CEO of Dandelion Energy. “With geothermal, homeowners utilize energy from the earth for the most efficient system of home heating and cooling. We’re excited to work with homeowners across the entire state to lower their heating and air conditioning bills while never having to worry about a fuel delivery again.”
Hundreds of homeowners in Connecticut have so far signed up geothermal energy consultations, the company said, and installations have begun in Fairfield County. Homeowners in Connecticut who switch from fuel oil or propane heating are expected to save approximately 50% in annual heating and cooling operating costs, Dandelion Energy said.
Each new installation includes a heat pump, underground pipes to utilize the earth’s natural heating and cooling, a buffer tank to capture geothermal warm water and a smart thermostat.
For more info and home eligibility, visit www.dandelionenergy.com.