Buildings consume approximately ¾ of the total electricity generated in the United States, contributing significantly to fossil fuel emissions. Sustainable and renewable energy production can reduce fossil fuel use, but necessitates storage for energy reliability in order to compensate for the intermittency of renewable energy generation. Energy storage is critical for success in developing a sustainable energy grid because it facilitates higher renewable energy penetration by mitigating the gap between energy generation and demand. This review analyzes recent case studies—numerical and field experiments—seen by borehole thermal energy storage (BTES) in space heating and domestic hot water capacities, coupled with solar thermal energy. System design, model development, and working principle(s) are the primary focus of this analysis. A synopsis of the current efforts to effectively model BTES is presented as well. The literature review reveals that: (1) energy storage is most effective when diurnal and seasonal storage are used in conjunction; (2) no established link exists between BTES computational fluid dynamics (CFD) models integrated with whole building energy analysis tools, rather than parameter-fit component models; (3) BTES has less geographical limitations than Aquifer Thermal Energy Storage (ATES) and lower installation cost scale than hot water tanks and (4) BTES is more often used for heating than for cooling applications.