RetroFix is a web platform that allows contractors to automatically apply for tax incentives and sustainability credits. Currently, contractors rarely apply for credits because discovering incentives, checking eligibility, and applying are all done manually via emails and phone calls with local utilities and/or government offices. RetroFix consolidates information on government incentives and allows building managers/contractors to apply in minutes, saving hundreds of thousands of dollars per building. 
Turbo Tax for Building Rebates
Title: RetroFix AI: Turbo Tax for Building Rebates | Y Combinator

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### Turbo Tax for Building Rebates

RetroFix is a web platform that allows contractors to automatically apply for tax incentives and sustainability credits. Currently, contractors rarely apply for credits because discovering incentives, checking eligibility, and applying are all done manually via emails and phone calls with local utilities and/or government offices. RetroFix consolidates information on government incentives and allows building managers/contractors to apply in minutes, saving hundreds of thousands of dollars per building.



RetroFix AI

Founded:2024

Team Size:2

Location:San Francisco

### Active Founders

### Isaac Toscano, Founder

Co-Founder/CEO at RetroFix AI. Before Retrofix I studied Materials Engineering at MIT, made financial models for billion dollar companies, did solar cell research at MIT's Nano lab and spend the weekends drilling Muay Thai.



### Daniel Portela, Co-Founder, CTO

Co-Founder, CTO @ RetroFix AI | MIT CS | 🇵🇷



### Company Launches

[### 🏢 RetroFix AI - Turbo Tax for building rebates](

**tl;dr:** Building operations are responsible for around **1/4 of global energy CO2e** emissions. We want to make it extremely easy for every building in the world to decarbonize and decrease this number. Currently, we're working on making it extremely easy for buildings to secure government subsidies to become more energy efficient, starting with New York.

[

Hi everyone, we’re [Isaac]( and [Daniel]( 👋 We met two years ago while studying at MIT, and now we are solving the problem of building decarbonization at [RetroFix AI](

**The Problem** 🌍
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Building operations are the 4th largest global contributor to carbon emissions:

*   **Globally**, they are responsible for around **26%** of all energy and process-related CO2e emissions
*   **In the US**, that number is approximately **29%**
*   **In dense cities** like New York, DC, Boston, and Philadelphia, they account for over **2/3** of all GHG emissions

**Our Mission** 🚀
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We want to make it dead simple for every building in the world to decarbonize. We are committed to accelerating the adoption of clean energy technologies in buildings all around the world. We start by solving the largest barrier to decarbonization: money. Currently, we're working on making it extremely easy for buildings to secure government subsidies to become more energy efficient, starting with New York. 🏢

**Why Start with New York?** 🏙️
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With the passing of NYC’s Local Law 97, which penalizes building owners for exceeding emissions thresholds, around 12% of all buildings in NYC are starting to get fined this year for non-compliance. In 2024 alone, $20M in fines are estimated for these building owners. If no action is taken, the fines are expected to increase to over $85M per year by 2030, with over 70% of buildings being non-compliant. 💸 These fines will continue to rise as emissions thresholds become more stringent over time. Consequently, investments to improve critical building infrastructure have grown substantially, along with the need for subsidies. Consolidated Edison (the largest utility in New York) alone has deployed over $2B in subsidies over the last 4 years! 💡🏢

Contractors in NYC often spend hours researching the latest requirements and regulations to submit incentive applications, which are often not done correctly. As a result, a contractor may promise a certain amount of incentives to a customer but potentially deliver a completely different amount. This volatility in subsidy money is problematic for contractors who focus on delivering the best pricing and service to their clients. Because subsidy programs are often tied to government entities, contractors and building owners are interested in understanding how to “stack” incentives, but are deterred by the required reading to understand how to do so. 📚❗️

**The Solution ✅**
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We start tackling the money problem by streamlining subsidy applications for energy-efficient equipment for buildings. Contractors no longer need to spend hours emailing or calling incentive programs, wondering when they'll hear back or if they did anything wrong! By using AI to understand regulatory constraints, we accurately identify the best incentives and provide a comprehensive list of required documentation. 📝 More time and money back in our contractors' pockets! We constantly update our software to ensure the most up-to-date information, so users remain worry-free. 😌 Contractors can rest assured they are submitting the right paperwork to maximize their clients’ incentives! Our goal is to accelerate the energy transition while saving owners and contractors hundreds of thousands of dollars through low-cost sustainability improvements. 🌿



**The Ask 🤲**
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We’re actively looking to onboard more building owners, building management companies, and HVAC professionals/engineers based in NYC! If you’re interested or know anyone we should connect with, please send us a message at [founders@retrofix.ai](mailto:founders@retrofix.ai)! 📩

**The Team 🗣️**
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