BlocPower is a climate technology company based in Brooklyn, New York, dedicated to electrifying and retrofitting buildings, particularly in underserved urban communities. Founded in 2014, the company focuses on replacing fossil fuel-based heating and cooling systems with energy-efficient electric solutions. By targeting low-income neighborhoods, BlocPower addresses both energy efficiency and social equity, helping residents lower their energy bills while improving living conditions. The company offers innovative financing options that allow building owners to undertake costly retrofits with no upfront payments, repaying costs through energy savings. Using data analytics and a software platform, BlocPower assesses building energy use and plans retrofits effectively.
Its partnerships with cities, such as New York and Ithaca, aim for large-scale clean energy initiatives. BlocPower also emphasizes workforce development, providing training to local residents in clean energy technologies, ultimately contributing to job creation and environmental sustainability in the communities it serves.