A new approach to synthesize nanocrystal-polymer nanocomposite is reported, in which 2-(2-ethoxyethoxy)ethoxy modified polythiophene (P3EEET) serves as the protecting group for dispersion and homogeneous size distribution of metal and semiconductor nanoparticles. The roles of the metal ions in the reaction system anchored with the polythiophene analogues have been reported as well. We accordingly propose that there exists a non-covalent, electrostatic (ion-dipole) interaction among Au (III)/Zn (II) ions, oxygen atoms on ether side chains and sulfur atoms of P3EEET. Moreover, this interaction has been proven to restrict the free rotation around the thiophene-thiophene bond. The enhancement in optical and electrical properties of nanocomposites presented herein thus demonstrate the potential of alkyloxyl modified polythiophenes-based nanocomposites in the field of optoelectronics and microelectronics devices. We demonstrate here a facile, all chemical bath deposition process to prepare CdSe QDs onto FTO. Pre-treatment of TiCl4/NH4F on FTO glasses, forming a FTO/TiO2/F/ CdSe type of cell that is free from mesoporous metal oxide, consistently renders a power conversion efficiency of 2.51%.