3y
Yes, Franklin Energy, like 15,000 other US companies, is owned by a private-equity group. US private-equity-owned companies employ more than 8 million people and pay more than $600 billion in wages and benefits annually. Franklin Energy has been owned for many years by private equity.
During that time, with that private investment, Franklin Energy has had a profound and measurable impact with the more than 100 programs it delivers for our US utility partners. In 2020 alone, our experts served more than 3.6 million customers. Over the lifetime of the water- and energy-efficient measures we installed, those customers will save 20 billion kWh. Also, on behalf of our utility clients, we distributed more than $32M in incentives to low-income customers. Across the US, our programs created local economic activity worth more than $1 billion, fostering some 4,800 jobs outside of Franklin Energy. All told, our work resulted in the reduction of 1,600,000 metric tons of carbon dioxide.
Change doesn’t happen overnight. That’s why we’ve been working nonstop for almost 30 years to lower energy costs, reduce carbon and waste, and grow stronger communities and local economies. We are not perfect, but we believe in a brighter future where cities are electrified, energy and water are affordable for everyone, and career opportunities abound.
Led by a team of industry veterans, our experts are passionate, ambitious, and dedicated to driving real change. We’re also committed to growing the energy industry as a whole, which is why we prioritize the creation of sustainable career opportunities and workforce development, especially in traditionally underserved communities.
Our offices are located across the nation, keeping us in touch with community-level concerns, challenges, and opportunities, helping us grow our impact. And we have fun doing it. Please join us. We are making a real difference.