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2021 Impact Report

2021 was a year with many new challenges and many new accomplishments for the team at Good Faith Energy. Our team took a very proactive approach in not only preparing for the changes in policy and the economy, but also by getting ahead of the supply chain constraints affecting basically every industry, solar included. We plan to do everything in our power to continue to stay ahead in 2022 and will continue to share insights about changes in supply chain as they come.

Last year started with a bang. Texas faced statewide power outages from the winter storm in February due to lack of preparation and lack of development of the already 50 year old power grid. Our battery storage customers thrived, and our solar-only customers were wishing they had gone with a storage option. In 2021, we had about a 70% attachment rate for solar + storage systems. This means that the majority of our solar systems for 2021 were being coupled with batteries such as the Enphase system and the Tesla Powerwall. This type of system allows homes and buildings to continue to run even when the grid goes down.

Our Good Faith Energy family grew by about 20% to just over 60 employees. This means more jobs, more opportunities, and more meals on more families‘ tables. We also added health insurance at no cost to our employees. This was a big goal that we had been hoping to achieve for several years now, and we couldn’t be happier to provide our team with a better peace of mind and more resources to take care of themselves and their families during increasingly uncertain times.

In 2021, we focused on our Social Impact in our local community. Combined, we donated over $20,000 in cash to causes that share our commitment to positive social change, including Night of Superstars and Equest. We also proudly donated a solar system worth over $80,000 to Bonton Farms, an inspiring mainstay in South Dallas. We look forward to continuing to grow with our community in 2022, and we appreciate every last one of you for supporting of our business.

Fact checked by Jacob Petrosky – 4/26/2024