Breaking Buildings' Addiction to Fossil Fuels


BlocPower retrofits buildings with energy-efficient equipment in financially underserved communities by offering loans to building owners for no money down. The company has completed about 1,000 projects by bundling the financing for many projects and finding investors willing to provide capital for the larger sum, which reduces investor risk. The group also created technology to reduce the costs of building inspections and energy usage monitoring. The new equipment increases building values and reduces energy costs so that owners pay less in monthly loan repayments than they would with the old equipment.

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