The panel highlighted the exciting new endeavor that the City of Ithaca is embarking on with IPC partner BlocPower, to help the City reach the building decarbonization goals set under its Green New Deal, targeting carbon neutrality by 2030.
BlocPower is a climate tech startup creating smarter, greener, healthier buildings for all by reducing the barriers to money-saving, quality of-life-improving green building retrofits including installation of heat pump systems. BlocPower’s innovative financing model increases access to heat pump technology for low-to-moderate income and environmental justice communities. Through an energy service agreement, a lease on the equipment that includes operations and maintenance, BlocPower delivers an affordable solution for building electrification retrofits.
The panel focused on the role of IPC and our partners in decarbonization efforts throughout the city. One key part of the solution in Ithaca will involve the investment of capital into buildings that are converting to high efficiency heating and cooling solutions, including privately owned buildings. IPC leverages our capital by investing in projects like these around the country, including creating a lending facility for organizations like BlocPower that allows them to scale the deployment of energy efficient technologies.
Contact us to learn more about how IPC can work with communities on developing financing strategies for decarbonization by emailing us at firstname.lastname@example.org