2024 Community Impact Review

Beyond our program design and implementation, customer engagement, product manufacturing, supply chain services, and so much more, there is truly one thing that sets us apart in the industry: the passion of our experts. Franklin Energy is an organization where experts from all walks of life can come together to truly make a difference in the world, and we couldn’t be prouder.

Terry Sobolewski, Franklin Energy CEO

In 2023:

$54.5M

We distributed $54,500,000 incentive dollars to low-income customers.

$163M

We distributed more than $163,000,000 in energy efficiency incentives to customers.

23.5M

Our work through our client utilities resulted in the reduction of 23,500,000 metric tons of carbon dioxide in 2023.

Over the lifetime of the water- and energy-efficient measures we installed in 2023, our clients and utility customers will save:

21.8B

21.8 billion kWh, equivalent to powering over 175,000 homes for a year

2.3B

2.3 billion therms, carbon equivalent to taking more than 324,000 cars off the road for a year

52.7B

52.7 billion gallons of water, equivalent to almost 80,000 Olympic-sized swimming pools

More than 4,000 new jobs were created from our work in 2023

3.2M

Our 1,200 energy efficiency experts served over 3.2 million customers

$750M

Across the US, our programs in local communities created economic activity worth $750 million

Our History

Since Franklin Energy's founding in 1994, we have built a legacy delivering energy solutions to hundreds of clients and millions of customers. We've established a reputation as the team that goes above and beyond to deliver results for our clients as we support homeowners, business, and communities.

Our Present

In many ways, we're just getting started. We spent last year taking large strides toward achieving our goals across all departments by implementing new trainings, optimizing our processes, and completing two exciting acquisitions.

Our Future

We continue to invest in key priorities like training and education, diversity and inclusion initiatives, innovative technology, and much more. As the energy landscape continues to change and grow, we remain at the forefront of the evolution.

Making a Purpose-Driven Impact, One Customer at a Time

Scaling Decarbonization

This year, we launched an Inclusive Utility Investment (IUI) program to decarbonize single-family and multifamily dwellings at scale, managing installation while providing significant upgrades for residential customers to save on bills, overcoming the tenant-landlord split-incentive issue and attracting external capital without burdening taxpayers or utility customers.

Preventing Wildfires

We collaborated to develop a solution addressing wildfires' impact on grid stability and utility finances by decarbonizing commercial customers in California, installing renewable energy systems for a remote grid, implementing efficiency measures, and replacing fire-prone distribution lines to enhance reliability, mitigate fire risk, and improve energy efficiency for customers.

Transforming Home Efficiency

When tasked by a northeastern utility to develop and implement cost-effective residential strategies benefiting income-qualified and market-rate customers in Delaware, our team successfully executed two impactful programs, resulting in multiple Energy Star awards for the utility, $9,705,788 in incentives paid out, and 10,730 MWh of energy savings achieved to date.

Offering EV Charger Rentals

In response to the surge in electric vehicle adoption in 2023, driven by new models and incentives, we addressed concerns about limited EV charging infrastructure by offering a rental program providing affordable charging solutions to utility customers, with plans to expand nationwide in 2024, aiming to promote equitable transportation electrification.

Scaling Marketplaces

Our newest marketplace features remove purchase and installation barriers to increase energy savings, and they help achieve demand reduction and electrification goals. The marketplace is able to meet utilities' quick-launch needs today with the option to dynamically scale and deliver more robust features, products, and program additions in the future.

Empowering the Regulatory Landscape

Following the passage of the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), we are offering innovative solutions to state energy offices and utilities, including our whole-home approach tailored to maximize funding opportunities and facilitate a customer-focused transition toward home energy savings and emission reductions.

30 Years of Innovation

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Mindy Guilfoyle

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Franklin Energy has been a great place for me to grow. I love that I get to do something to help others besides just 'selling a product.'

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Mylan Stevens

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Throughout my 8 years, I've gained so many great, lasting relationships with team members who I trust and know will have my back. I have been given opportunities to lead strong teams, assist and support company initiatives, and network with industry leaders—all while being able to provide stability for my family, which I am grateful for.

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Paul Schueller

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Looking back over the last 30 years, it’s been amazing to see not only the growth of the company, but the jobs created, lives changed, and impact made across the country.