Franklin Energy is one of the leading energy efficiency and demand response program implementers in North America. But how did we get here? In this blog post, we will take you through our journey of growth and innovation, from our humble beginnings in 1994 to our current position as a comprehensive energy solutions provider.
Franklin Energy was founded in 1994 with a vision to help utilities and their customers save energy and money. We started by focusing on the commercial and industrial (C&I) sector, which accounts for about half of the total energy consumption in the U.S… We helped utilities design and deliver customized energy efficiency programs for their C&I customers, offering services such as audits, rebates, retrofits, training, and technical assistance. We also developed expertise in demand response, which is the ability to reduce or shift electricity use during peak periods to help balance the grid and avoid blackouts.
Diversifying Our Portfolio and Capabilities
Over time, we realized that there was a need for more holistic and integrated energy solutions that could serve a wider range of customers and markets. That’s why we decided to expand our portfolio and capabilities by acquiring or partnering with other companies that shared our vision and values. Here are some of the key milestones in our expansion:
- In 2010, we acquired GoodCents, a leader in demand response and smart grid solutions. GoodCents brought us advanced technology and experience in delivering residential and small business demand response programs, as well as smart metering, home energy management, and behavioral demand response.
- In 2016, we acquired PlanetEcosystems, a software company that developed P-ECOSYS, a cloud-based platform that enables personalized customer engagement and optimization of energy programs. PlanetEcosystems enhanced our ability to offer innovative solutions such as online marketplaces, gamification, customer segmentation, and analytics.
- In 2017, we acquired Build It Green, a non-profit organization that promotes healthy, energy-efficient, and sustainable homes in California. Build It Green expanded our presence and influence in the West Coast market, as well as our expertise in residential programs such as home performance, green building certification, quality assurance, and contractor training.
- In 2018, we partnered with AM Conservation Group, a leading provider of energy and water conservation products and services. AM Conservation Group complemented our program delivery with their product sourcing, fulfillment, installation, education, and marketing capabilities. They also brought us Resource Action Programs, an award-winning provider of K-12 education programs that teach students and families about energy and water conservation.
Delivering Comprehensive Energy Solutions
Today, Franklin Energy is more than just an energy efficiency and demand response program implementer. We are a comprehensive energy solutions provider that can serve any customer segment, any market sector, any utility program type, and any technology platform. We have a team of over 1,000 experts across the U.S. and Canada who are passionate about delivering exceptional results for our clients and their customers. We have a portfolio of over 100 programs that span across residential, multifamily, commercial, industrial, agricultural, telecommunications, and other sectors.
We have a suite of cutting-edge technology solutions that enable customer engagement, program optimization, data management, reporting, and analytics. And we have a culture of innovation that drives us to constantly explore new ways to save energy, reduce emissions, improve reliability, enhance customer satisfaction, and create value.
At Franklin Energy, we are confident that we have the experience, expertise, resources, and vision to meet these challenges and seize these opportunities. We are proud of our past achievements but not complacent about our present position. We are always looking for ways to improve ourselves and our services. We are always ready to adapt to changing market conditions and customer needs. And we are always eager to partner with others who share our mission of delivering effective energy solutions.
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