Proxy
Proxy is a finance tool designed to assist homebuyers in becoming more energy efficient. It utilizes AI to recommend optimal energy efficient upgrades for homes and provides a clean energy card to facilitate the purchase of these upgrades. As an innovation partner with the U.S. Department of Energy, Proxy aims to make homeownership both affordable and energy efficient.
Through the use of Proxy, homebuyers can save an estimated $2,500 per year on utility costs, resulting in potential savings of up to $75,000 over the course of their mortgage. Energy efficient upgrades recommended by Proxy can also reduce utility bills by over 90% and save 5,000 lbs of carbon emissions annually, which is equivalent to planting 100 trees.
In addition to cost savings, Proxy offers several benefits to its users. It provides access to preferred pricing from trusted partners for qualified energy efficient upgrades, allowing users to save up to 30% off the manufacturer’s suggested retail price. Users can also opt-in to use purchase information for tax credits and rebates through government programs.
Through Proxy’s mobile application, users can streamline the buying process by receiving recommendations for the most optimal energy efficient package to fit their home and budget. The application also provides energy efficiency analytics, insights into estimated utility savings, and information on government incentive programs available in their area.
Proxy covers a range of eligible green upgrades, including energy star appliances, solar systems, roofing and weatherization improvements, smart HVAC units, efficient windows, home insulation, smart home and lighting products, and energy-efficient water pumps. By partnering with local real estate agents and mortgage lenders, Proxy aims to provide a seamless experience for making homes more energy efficient.
