01
Gas Heating Isn't Going Away on Its Own
60 million U.S. homes run on natural gas for heat. Electrification efforts focus on new construction and largely ignore the installed base. The infrastructure gap is enormous — and growing.
Burbas designs and operates shared geothermal loop networks for residential developments — clean heating and cooling delivered as a utility-style service.
IRA tailwinds. All-electric mandates expanding. Developers under pressure to deliver net-zero buildings without cost volatility. The infrastructure layer for neighborhood-scale decarbonization hasn't been built — until now.
01
60 million U.S. homes run on natural gas for heat. Electrification efforts focus on new construction and largely ignore the installed base. The infrastructure gap is enormous — and growing.
02
Per-unit air-source installation costs remain high. Grid demand spikes are unmanageable at density. Retrofits require homeowner coordination that rarely materializes at neighborhood scale.
03
All-electric mandates are expanding across New England and the Mid-Atlantic. Developers want a credible infrastructure solution that doesn't add construction complexity or cost volatility.
Burbas installs a single underground thermal exchange network beneath a residential development. Every home connects to the shared loop — no individual ground boring, no gas lines, no combustion. Burbas operates the infrastructure. Homeowners pay a monthly subscription typically 40–55% lower than legacy gas and electric systems combined.
60%
vs. individual ground-source heat pumps. Shared bore field, shared mechanical, shared commissioning — costs that individual installs can never achieve.
20yr
Developer-friendly model: Burbas owns and operates the loop. Developers avoid long-term maintenance liability while delivering a material all-electric advantage to buyers.
DR+
Thermal mass of the ground loop smooths demand spikes. Burbas participates in utility DR programs, creating a revenue layer individual heat pumps cannot access.
Newton, MA
Existing subdivision — retrofit
Providence, RI
New construction — mixed-income
Concord, NH
Affordable housing — municipal
Near-Term · 0–5 Years
Long-Term · 5–15 Years
Homeowner subscriptions ($55–$95/month) + developer infrastructure fees + utility demand response payments. Every stream compounds as the network grows.
$72
Avg. monthly subscription / unit
Avg. installation cost: $4,200/home net of 30% ITC. $72/month average subscription. Payback before Year 5 of a 20-year contract.
4.8yr
Payback period per home
Once installed, the loop stays forever. Switching costs are near-zero for Burbas to retain and near-prohibitive for competitors to displace. 20-year contracts from Year 1.
$17K
LTV per home · 20yr contract
Co-Founder & CEO
MIT civil/environmental engineering. 5 years at a utility-scale solar developer overseeing $340M in ground-mounted infrastructure. Founded Burbas to bring infrastructure-scale thinking to neighborhood decarbonization.
Co-Founder & CTO
Geothermal systems engineer. Previously led R&D at a district energy provider in Canada. Holds two patents on ground-loop thermal optimization. Author of the loop design methodology used across all three pilots.
Head of Business Development
10 years in climate infrastructure finance and municipal partnerships. Former project lead at a clean energy consultancy covering $1.2B in energy transition projects across the Northeast.
IRA geothermal tax credits (30% ITC), expanding state-level electrification mandates, and utility decarbonization targets are creating developer pressure and municipal funding availability simultaneously — for the first time.
No scaled operator exists in the neighborhood-loop segment. Dandelion and Gradient operate at single-home scale. The closest competitor has weaker unit economics and no municipal pipeline. The position is open.
Ground-loop installation costs have dropped 34% over 5 years. Heat pump module costs continue declining. Unit economics that were marginal at seed are compelling at scale — and the curve continues down.
Allocation 01
Enter Philadelphia, Chicago, and Denver. Hire regional business development leads with established developer and municipal relationships. First signed project in each market within 18 months of close.
Allocation 02
Build the monitoring, billing, and field maintenance platform to operate at 10,000+ homes without proportional headcount growth. Proprietary ground-loop performance data at neighborhood scale becomes the moat.
Allocation 03
Dedicated team for utility demand response agreements and the municipal housing authority pipeline. The Concord model is replicable across 150+ housing authorities in target markets.
We'll send the investor deck and financial model within one business day. No obligation — happy to answer questions before any formal conversation.
We'll learn about your project — location, unit count, timeline, and whether the Burbas model is a fit. Most initial conversations are 30 minutes. No pitch, no pressure.
Schedule 30-Minute CallAll project details, site locations, and financial discussions are treated as confidential. We sign NDAs before any technical or financial disclosure.
Current operating markets: MA, RI, NH. Philadelphia, Chicago, and Denver in pipeline for Series B expansion.
Preliminary feasibility — site geology, estimated cost per unit, savings projection — within 5 business days of a signed NDA.