Franklin Energy’s Product Division, AM Conservation, Agrees to Acquire Energy Federation, Inc.
BOSTON, Feb. 4, 2021 /PRNewswire/ -- As 2021 races to a quick start, EFI finds it important to halt and take a moment to reflect on what 2020 brought to the table. Amongst an incredibly challenging year, 2020 was packed with successes and learnings for both our organization and our clients which included:
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Program Results
Together, utilities and EFI helped customers save approximately 338 million annual kWhs, which is equivalent to $35M in annual cost savings! This further bolstered EFI’s mission, which is to encourage people to use our planet’s limited energy and water resources wisely by offering them high quality conservation products at an affordable price. Nothing rang truer in 2020 given the unprecedented struggles and changes all homeowners and business owners were forced to endure.
New Biz: 9 New Marketplaces!
2020 forced utilities to reflect on all programs and identify what was working and what was lacking. EFI’s technologies help make energy-efficient choices easy and affordable, and for those reasons, EFI was awarded multiple new utility marketplaces.
Marketplace Highlights:
Reaching Low to Moderation Income (LMI) Customers
EFI partnered with Fannie Mae to help utilities identify and engage LMI customers. EFI generated a personalized customer journey to help these customers in a time of need. Customers received access to a free smart thermostat with the use of a unique promotion code. Easier said than done? WRONG! It’s that easy. https://www.efi.org/resources/white-papers/reaching-an-underserved-community/
Energy Savings through COVID Kits
With stay-at-home orders in place, utility customers were faced with increasing utility bills and the real possibility of having to choose what bill to pay. Instead of asking customers to order energy efficient products online, EFI worked with utilities to target those most in need, and sent energy-saving products right to their customers' doorsteps - at no cost to them! -> https://www.efi.org/resources/covid-19/how-utilities-are-responding-to-the-customers-fear/
Reach your customers & Exceed your goals
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