Show notes
In the United States, the average household spends around $4200 a year on energy costs. How can we reduce this burden by building more efficient homes? We ask Manuel about how PowerX is helping consumers save costs and resources, how he attracted investments from the likes of Tesla and YCombinator, and more on today’s episode. About ManuelManuel Schoenfeld has been the founding CEO of PowerX since 2019. He was previously a project manager at McKinsey, and consultant at the World Bank, where he advised on innovative energy solutions. He was a McCloy Scholar at Harvard University, a Van Beek Scholar at the Wharton Business School, and graduated from the Rotterdam School of Management with the highest grade average in history.In this episode we discuss:03:45 The problem with the continued use of energy inefficient resources05:57 The importance of more information07:44 Legislation and energy conservation09:41 Cost and financial incentives making change easier10:58 Why haven’t builders adapted to building energy efficient homes from scratch12:22 Push and pull strategies between customers and builders13:12 When the US could become net zero 15:58 How the pandemic has affected this problem19:33 The origins and the mission of PowerX23:59 How PowerX is keeping costs low30:37 The recommendation algorithm of PowerX33:34 PowerX’s Kickstarter campaign35:28 Plans for growth over the next yearFast FavoritesPodcastsResidential Tech TalksNewsletter/BlogFortune Term SheetCleanTechnicaTech GadgetBB8New TrendAnything in the climate change arenaPutting value on human relationships and physical interaction post-COVIDBookBooks on Quantum PhysicsFollow Matt Cohen and Tank Talks here!Podcast production support provided by Agentbee.Agency This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com
