CanopyClimate provides homeowners with a free planning tool to evaluate and compare costs for residential electrification upgrades like heat pumps and rooftop solar. The platform estimates potential energy savings, identifies applicable rebates and incentives, and offers financing options for these improvements. This service helps users create actionable, step-by-step guides for adopting energy-efficient technologies to lower utility bills.
Funding
$70M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VGFounders
Product
Problem
Many homeowners lack clear guidance on how to transition to energy-efficient, all-electric appliances and vehicles, making it difficult to reduce their carbon footprint and energy costs. The process of selecting and installing new technologies like heat pumps, induction stovetops, and solar panels can be complex and confusing.
Solution
Canopy provides homeowners with a personalized guide to electrifying their homes, recommending optimal appliances and vehicles based on individual needs and circumstances. The platform helps users understand the benefits of switching to all-electric options, such as reduced carbon emissions, lower energy bills, and increased home resilience. Canopy offers a custom plan that outlines the steps needed to affordably reduce a homeowner's carbon footprint and contribute to a more sustainable lifestyle. Users can then connect with Canopy's parent company, SELF, for access to home improvement loans and vetted contractors to implement their electrification plan.
Target Audience
Canopy primarily targets homeowners interested in reducing their carbon footprint, lowering energy costs, and increasing the energy efficiency and resilience of their homes. The platform also caters to cities, communities, teams, and companies looking to promote electrification and achieve climate goals.
Features
- Personalized electrification plan based on individual homeowner needs and circumstances
- Recommendations for energy-efficient appliances and vehicles, including heat pumps, induction stovetops, and electric vehicles
- Access to home improvement loans through SELF, Canopy's parent company
- Connection to vetted contractors for installation of recommended technologies
- Information on renewable energy plans offered by energy providers
- Carbon footprint reduction calculator to track progress