Financial Services - San Francisco, California, United States
Climate change is the biggest threat facing our generation. 100+ million residential buildings across the country are powered by fossil fuels and generate 20% of U.S. emissions.Decarbonizing residential homes represents an important strategy to reduce emissions. In many cities, with the electricity mix becoming clean and renewable, using electricity already reduces carbon emissions relative to the direct-use of fossil fuels. Carbon savings will increase over time as the grid transitions to fully renewable. Joule is accelerating the clean energy transition of the residential sector by decarbonizing homes alongside a home mortgage. We offer a digital mortgage solution that rolls the cost of sustainable upgrades (think efficiency + electrification + solar + battery) into a home purchase or refinance loan. On the back end, we offer a seamless upgrade experience to borrowers by leveraging a strong network of partners, software and data integration. We believe that every mortgage has the power to propel homes toward zero emission and also reduce the cost of homeownership.