# BlocPower

Invest in smarter, greener and healthier buildings for all ⚡️

## Elevator pitch
BlocPower is tackling climate change by giving every homeowner the opportunity to electrify—starting in low- and middle-income communities

- Canonical URL: https://wefunder.com/blocpower
- Entity ID: wefunder:company:113833
- Last updated: 2026-06-04T05:02:44Z
- Generated at: 2026-06-05T01:25:17Z

## Quick facts
- 🥇 BlocPower's parent is a leader in the trillion-dollar opportunity to decarbonize U.S. buildings
- 👉 BlocPower's parent was selected by Ithaca, NY, Denver, CO, San Jose, CA and many other cities and utilities
- 💰150M+ raised by parent from investors like VoLo Earth, Microsoft, Kapor, Goldman Sachs, Bezos Earth Fund and SDCL
- 🏠 Create clean energy jobs, particularly in disadvantaged communities
- 🤲🏽 Parent's diverse, dedicated & experienced 70 person team led company to 4000% growth since 2020
- ⚡️ Projects in LMI communities are well positioned to benefit from Inflation Reduction Act

## Active fundraises
- wefunder:fundraise:61911: 4(a)(6) successful (USD)
- wefunder:fundraise:61932: 4(a)(6) successful (USD)

## Story
Important: The investment is in BlocPower Energy Services 3 (BPES3), a wholly-owned subsidiary of BlocPower LLC (“BlocPower”), formed to own and operate energy projects from the BlocPower pipeline, installed in client buildings. While BlocPower LLC operates BPES3 through a management agreement, debt or equity in BlocPower LLC itself is not being offered.So what is BlocPower?BlocPower is a Brooklyn-based climate technology startup that is making American cities smarter, greener and healthier. BlocPower partners with utilities, government agencies, and building owners to identify unhealthy, energy-wasting buildings to retrofit. The company then works with these building owners to develop, install and finance upgrades that reduce fossil fuel consumption—like replacing an oil burning boiler with an electric heat pump. BlocPower earns revenue via installation profits, financing fees, and enterprise contracts.“BlocPower is electrifying buildings much like Tesla is electrifying cars. By eliminating their use of fossil fuels and making them smarter and healthier, we’re increasing the health and wealth of building owners and occupants and creating economic opportunities in underserved communities.”- Donnel Baird, BlocPower CEOHistory of BlocPower?At the age of 22-ish, Donnel Baird, CEO, and Founder of BlocPower was a young community organizer walking around Brooklyn on one freezing winter day, he looked around and all of the apartment buildings had their windows open. It reminded him of his childhood when he left his windows open during the wintertime due to his building not having heat, and having to open the windows to release the carbon monoxide from the heat of the oven. From that day, he knew there was a way to make things better for not only the residents but the world.Blocpower's team enjoying a sunny day on their office's rooftop in 2019. Since then, the team has grown to twice this size!A few years later BlocPower was born, since its founding in 2014, the parent company has retrofitted more than 1,000 buildings in disadvantaged communities in New York City, with projects underway in 25 cities. The business is based on the Company’s proprietary software for analysis, leasing, project management, and monitoring. The company’s clean energy projects save building owners 20%-70% on annual energy costs and provide residents with healthier more comfortable homes.Why we're doing this?The funds raised will go directly to fund energy efficiency, electrification or renewable energy projects—projects that have already been earmarked in New York and California.  So you're probably wondering: why is a company that has raised over $100M in equity and debt financing raising on a community platform? Well, at BlocPower we offer no-money-down system leasing for building owners, covering all maintenance and repairs for the duration of the contract. This reduces barriers to entry, complexity, capital requirements, and technology risk for the customers.However, it requires upfront capital needs in order to supply these systems to those that need them. The capital raised from ongoing community rounds supplements the financing needed for projects and allows investors to play a critical role in helping communities become more resilient by: Improving Public Health from filters that reduce the spread of pollutants and infectious diseases, including COVID; and from non-combustion heating units that reduce exposure to pollutants that increase the risk to asthma, especially for young children.Address Climate Change by transitioning away from gas and oil-burning heating systems and reducing overall energy use which will reduce greenhouse gas emissions.Improving Economic Outcomes by reducing energy bills for tenants and increasing net operating income for building owners through reduced energy bills, as well as driving increases in property values.Generating Employment Opportunities through new job opportunities and workforce training developed for hard-to-employ workers in project neighborhoods.Just listen to one of our customers 👇Community Impact is importantJob creation and community inclusion are one of our core beliefs at BlocPower. Through our Civilian Climate Corps in New York City, we have prepared roughly 1,500 New Yorkers from communities impacted by gun violence for green careers—with 400 securing jobs so far. Jobs include solar and HVAC installation, air quality monitoring, EV charging maintenance and more. Current Traction:Blocpower LLC, the owner of BPES3, has raised over $100M+ from the world’s top investors including American Family Insurance Institute for Corporate and Social Impact, AccelR8, The Goldman Sachs Urban Investment Group, Kapor Capital, Elemental Excelerator, CityRock Venture Partners, Hatzimemos/Libby, The Schmidt Family Foundation, Salesforce Ventures, Andreessen Horowitz, MaC Venture Capital, Exelon, Echoing Green, and the New York Ventures of the Empire State Development Corporation. To reiterate, investors in this round are investing in BPES3.BlocPower (parent) continues to grow its project pipeline, standing at well over 500 buildings, and to expand into new cities and states. Among the exciting growth opportunities, in August 2021, BlocPower won a $37M New York City Mayor’s Office of Criminal Justice contract aimed at mitigating inner-city violence through workforce development programs. Through this, BlocPower launched the aforementioned Civilian Climate Corps.  BlocPower (parent) recently formed a public-private partnership with Menlo Park, California to electrify 95% of its over 10,000 buildings by 2030. And, the City of Ithaca has named BlocPower as the sole Project Manager for an electrification program that aims to fully decarbonize the city's building stock. BlocPower aims to decarbonize around 6000 Ithaca buildings in the next 5 years. Doing projects was their top priority and BlocPower was chosen specifically for its ability to provide a full solution platform: technology-based design, expert electrification management, community organizing, and finance.Competitive Advantage:BlocPower offers no-money-down system leasing for building owners, covering all maintenance and repairs for the duration of the contract. This reduces barriers to entry, complexity, capital requirements, and technology risk for the customers.BlocPower transforms a fragmented, high touch, expensive, low volume incumbent process into a turnkey, digital, high volume operational process that is quick and streamlined by software and finance innovation consisting of:Pre-screening tool, to identify buildings with high feasibility for energy efficiency projectsVirtual site-assessment tool, which allows remote scoping of workBuildings database containing tens of thousands of buildings nationwide, which powers the pre-screening and assessment toolsWorkflow management toolsFinancial optimization models, to provide energy project savings quotes to customersBuildings with an ideal project profile identified by BlocMaps software:Building owners complete a 60 second intake process:Qualified buildings receive a custom project estimate and scope of work: Use of Funds:The funds raised will go directly to fund energy efficiency or renewable energy projects -  projects have already been earmarked in New York and California.Additional projects with similar or better financial returns will be selected from the pipeline to meet the total raised funds. Energy-efficient upgrades can include, but are not limited to:Air Source Heat Pump Installation / fossil-fuel-fired system conversionLED lightsMonitoring and control systemsDomestic hot water upgradesInsulation and air sealingWindow replacementLow flow fixtures and water-saving measuresCombined Heat and Power (CHP)Renewable Energy including Solar PV and Community SolarBattery StorageHow are you the investor paid back? Glad you asked! Revenues from 15-20 year leases with building customers for completed projects are the primary source to pay the 6.5% interest plus your original investment back. BlocPower prices the leases to make a modest profit while covering expected expenses, which includes your annual payment. The Note is structured like an amortizing mortgage, paying annually over 12 years, both a portion of your original investment and accrued interest. If the Company calls the Note prior to the maturity date, you will receive your principal paid back sooner, along with an additional 5% of principal, paid by the Company as a prepayment penalty.The fun part! BlocPower Energy Services 3 will generally focus on energy efficiency and renewable energy projects for single-family homes, community facilities, small commercial buildings, small multifamily (generally 2-4 units), and for medium to larger multifamily units (4+), outside the state of New York. Projects financed by this Offering are expected to have long-term 15-20 year contracts.You can see examples of projects at http://bpes3.blocpower.io !The Company benefits from access to the specialty departments at BlocPower: Marketing, Finance, Construction, and Engineering, and is not charged directly for these costs. BlocPower does charge a 0.4% annual management fee to the Company based on project asset value to cover specific accounting, legal, insurance, and IT-related expenses paid by BlocPower for the benefit of the Company.Thank you all for joining our journey, from our family to you. 

## FAQ
1. **In order to receive the 6.5 % interest rate how much do I have to invest**
   - Hi Ronald, good question. Investments of $200 (the minimum) and above would qualify for the 6.5%. Thanks team BP
2. **Hello, I'm curious when our investment starts earning interest? Does it take until the entire investment is reached or at some point before that? I would like to invest, but don't want me money to sit around waiting for the investment round to close**
   - Hi Thomas, good question. Interest will begin accruing after the round is closed and funded. The round is closing April 30. Thanks, Team BP
3. **It appears you are far short of the fundraising goal. What if the crowd funding achieved is only ~$400,000? Does this go forward?**
   - Hi Charles, thanks for the question. The campaign definitely is going forward, regardless of the amount achieved. The WeFunder "goal" is really only the amount BlocPower is eligible to raise under crowdfunding limits and based on previous campaigns. This is our first campaign on WeFunder and we are pumped to have hundreds of new investors supporting the mission, please join them if you'd like! Thanks again, Team BP

## Team
- Donnel A. Baird (Founder and CEO)
- Keith L. Kinch (General Manager)
- Jon Moeller (COO)
- Dom Lempereur (Chief of Engineering,)
- Cullen Kasunic (Head of Project Finance )
- Ebonie Nichols (SVP of Finance)
- Alex Apter (Co-Head of Marketing and Communications)
- Bradley Tran (Co-Head of Product Management)
- Valerie Shoates (Finance and Special Initiatives Associate)
- Donnel Baird (founder)
- Danlin Luo (employee)
- Aeliana Thomas (employee)

## Q&A
- Q: Are investors expected to be paid out this year?
- Q: What is the date of the first payment? I have not seen any updates here since October 2023.
- Q: Hello, when will we expect our first repayment? I also saw that an update was forthcoming in October of 2023, did I miss that or has it not posted yet? I invested today in the round on RaiseGreen and it reminded me that I haven't heard of anything from this one.
- Q: I did invest $25,000 with BlocPower. They initially didn't pay me interest/principle because they didn't have bank details. I managed to find a contact there, and I provided bank details in 2024 and I got paid that year. But, they missed making all my payments in 2025. I'm having trouble connecting with them. Who can I contact? The former contact I had has left the company.
- Q: For any other investors- has anyone received a payment in 2025? Is this company bankrupt? Not sure if we just write this off as a loss at this point.
- Q: Last Funded May 2023 You invested $220 in a Promissory Note on May 5, 2023. View your Portfolio
- Q: If I had invested $100,000 USD would I be treated such as this now??
- Q: I am disappointed and frustrated with BlocPower as a shareholder.... Wow.... I am assumed to be an American. But that assumption is wrong. I have invested in BlocPower on wefunder.com.. Wouldn't my profile account and etc verify that am an international non-accredited shareholder of the country of Bermuda and not of the USA ?? I have not receved any response from BlocPower concerning my ROI as specified on wefunder.com when the BlocPower campaign round ended in 2023..
- Q: This is ridiculous on behalf of BlocPower on wefunder.com.. So therefore I have invested in BlocPower but BlocPower doesn't have my investor account information that am not American instead an international non-accredited citizen of the country of Bermuda.
- Q: I am an international non-accredited shareholder of BlocPower on wefunder.com... I am confused because I have received an email from BlocPower.. Shouldn't myself be.on record as an international resident.whose not American?? This is the subject of the email messge, " Re: New payment of $26.96 from Blocpower Energy Services 3 LLC for WF1-Yr1-1252784 [1b2f] "
- Q: I am an international non-accredited shareholder of BlocPower on wefunder.com and I am from the country of Bermuda. I am not American. I want to know , how an international resident of the country of Bermuda will receive ROI from BlocPower? Where do I go to claim or confirm my status as a shareholder of BlocPower and receive the ROI as stated on wefunder.com crowdfunding campaign round?? George Andrew Simons CDP .
- Q: I am an international resident of the country of Bermuda & as an international non-accredited shareholder of BlocPower on wefunder.com... I want to be made aware of updates and documentation required at times for shareholders. I want to be certain that BlocPower has its international shareholders' interests to heart. If any distribution of profit sharing or income or Payback of some sort to shareholders??? How will the Payback of the loan be made to international non-accredited shareholders as income to our bank accounts or wallets?? As shareholders at least communicate with us on a bi-annually or quarterly basis or wharver is regulated by the SEC. I believe accountability, transparency and responsibility should be held to the standards of any company.
- Q: I am an international non-accredited shareholder of BlocPower on wefunder.com... I am confused because I have received an email from BlocPower.. Shouldn't myself be.on record as an international resident.whose not American?? This is the subject of the email messge, " Re: New payment of $26.96 from Blocpower Energy Services 3 LLC for WF1-Yr1-1252784 [1b2f] "
- Q: Can I purchase stock Bloc Power
- Q: Is this investment permanent or short term?