Meet The Real Estate Tech Entrepreneur: Chris Pawlik from EPR2
This week, we interviewed Chris Pawlick from EPR^2.
Without further ado…
Who are you and what do you do?
My name is Chris Pawlik and I’m the Founder/CEO of EPR^2. Our Company develops existing energy rights on behalf of property owners by utilizing solar and other cleantech to increase property-level NOI and value. Our Company funds the construction of the solar panels, ongoing maintenance, and future upgrades. Landlords are given an up-front payment—or roof upgrade if needed— and are guaranteed energy savings over the going rate while also increasing the value of their building by 5-10%. We recently completed a Pilot Program with Basin Street Properties on three buildings in Sacramento, Santa Rosa, and Petaluma that prevents over 1,700 tons/year in carbon emissions and brought in over $1.4MM in value to the owners, without any capital expenditure/investment from their side.
What problem does your product/service solve?
We are addressing the unmet market demand for viable CleanTech in the CRE, multi-tenant sector. Our technology effectively accelerates the deployment of cleantech on existing buildings without causing the landlord any added investment burden, risk, or maintenance. This video might give better background.
What are you most excited about right now?
I’m most excited about the convergence of opportunities that indicate that there is going to be massive investment over the coming decades in the upgrade of our electric infrastructure as well as new, distributed energy generation and management technologies.
What’s next for you?
We’re focused on developing new projects, creating a technology platform for energy rights and EPR development (internally and for 3rd parties), and we are considering whether to raise money to pull forward our strategic plan to scale our business. We are also growing the reach of our first in class “Energy Rights estimation tool” that allows anyone to find out the monetary value of their property’s energy rights.
What’s a cause you’re passionate about and why?
Outside of my interest/passion for a clean environment through sustainable business/infrastructure, I believe the money and resources to end poverty as we know it are available today. With that in mind, I support PATH, veteran groups, and mental health organizations in southern CA and beyond. In addition, as a former Division 1 water polo athlete at UC Berkeley, I decided to give back to the community I grew up in by coaching a youth water polo team. I believe that physical fitness supports mental strength and playing a team sport provides an opportunity for athletes to learn valuable lessons related to respect, responsibility, and resiliency as well as communication, preparation, and teamwork.
Thanks to Chris for sharing his story. If you’d like to connect, find him on LinkedIn here.
We’re constantly looking for great real estate tech entrepreneurs to feature. If that’s you, please read this post — then drop us a line (Community @ geekestate dot com).