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The energy we use in our homes remains one of the largest sources of emissions in the country. About 20 percent of our energy-related GHG emissions comes from the fossil fuels used to power gas furnaces, stoves, water heaters, and AC units.
With the U.S. predicted to add more than 62 million new homes by 2050, getting fossil fuels out of our houses, apartments and condos is crucial. And we have the tools to do it.
Weatherization, insulation, and heat pumps can drastically reduce emissions. But we need to increase consumer awareness and decrease upfront costs for the improvements and technologies needed to decarbonize our homes.
Getting there means incentivizing homeowners to view residential energy solutions not as a financial risk, but as a comfort and savings reward. And that's exactly what Lauren Salz, CEO and co-founder of Sealed, is doing.
Sealed takes the guesswork out of decarbonizing homes by pairing homeowners with contractors and footing the initial bill themselves. By tying Sealed’s financial performance to homeowners’ energy savings, Sealed provides a massive incentive for homeowners who otherwise might be leery of making their homes more energy efficient.
And by monitoring real time energy consumption for their customers, Sealed is able to show up at the end of the day with clear proof of savings. That's real dollars saved and up to 60% less in energy used for Sealed homeowners.
Emily spoke with Lauren about what it takes to encourage new growth in the residential efficiency and electrification market. They also talked about her experience as a young founder and CEO.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
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Watt It Takes is brought to you by our exclusive sponsor, Google Nest. Want to do more to address climate change? Nest Renew offers a simple place to start. To learn more about Nest Renew, visit nestrenew.google.com.