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2021 Impact Report

In our 2021 Impact Report, we highlight the many new challenges and accomplishments faced by the team at Good Faith Energy. Our proactive approach not only prepared us for changes in policy and the economy but also enabled us to stay ahead of the supply chain constraints affecting virtually every industry, including solar. We plan to continue this proactive strategy in 2022 and will keep you updated on any supply chain developments as they arise.

Navigating the Texas Power Outages

The year started with a significant event: Texas faced statewide power outages in February due to the winter storm, highlighting the lack of preparation and the aging, 50-year-old power grid. Our customers with battery storage thrived during this period, while those with solar-only systems wished they had opted for storage solutions. In 2021, approximately 70% of our installations included both solar and storage systems. This high attachment rate meant that the majority of our solar systems were paired with batteries like the Enphase system and the Tesla Powerwall, allowing homes and buildings to remain powered even when the grid went down.

Growing the Good Faith Energy Family

Our Good Faith Energy family grew by about 20% last year, reaching over 60 employees. This growth translates into more jobs, more opportunities, and more meals on families’ tables. A significant milestone we achieved in 2021 was providing health insurance at no cost to our employees. This goal had been a priority for several years, and we are thrilled to offer our team better peace of mind and more resources to take care of themselves and their families during increasingly uncertain times.

Commitment to Social Impact

We intensified our focus on our 2021 impact report within our local community. We donated over $20,000 in cash to causes that align with our commitment to positive social change, including Night of Superstars and Equest. Additionally, we proudly donated a solar system worth over $80,000 to Bonton Farms, an inspiring fixture in South Dallas. These contributions reflect our dedication to making a meaningful difference in our community, and we look forward to continuing this growth and support in 2022.

Looking Ahead to 2022

As we move into 2022, we commit to staying ahead of industry challenges and supporting our community through our ongoing social impact efforts. Our proactive approach and dedication to social impact will continue to guide our efforts. We appreciate every one of you for supporting our business and look forward to sharing more insights and achievements in the coming year.