2023 Powur Impact Report

Join us in shaping a greener tomorrow! Our daily dedication powers the dynamic growth of clean energy, laying the foundation for a sustainable future. Together, we’re crafting a world where renewable energy is the backbone of our global community. Let’s light the way to a planet nurtured by sustainability.

When I started this company in 2014 I could only imagine the impact we would have. It started with a vision of a clean energy platform that would accelerate the adoption of clean energy worldwide. And years later, we are doing it!

 

A few highlights from last year:

In 2023, we launched and improved our Enterprise Program, the most innovative platform designed to provide maximum control to solar sales organizations with multiple lead generation and sales professionals.

 

Powur is proud to partner with Ecologi to offset the impact of our team members and achieve a carbon-neutral workforce. By 2023, through funding over 56 clean energy projects with Ecologi, Powur has planted 35,859 trees!

In 2011, our founder, Jonathan Budd, visited indigenous tribes in the Amazon with the Pachamama Alliance, inspiring him to create Powur. As of 2023, our partnership remains strong, with Powur contributing 4% of profits to PA, serving as a major fundraising sponsor, and providing opportunities for sales consultants to engage in PA educational programs.

We launched Powur Vision, our proprietary Integrated Proposal Tool, revolutionizing how customers visualize and understand the impact of switching to solar.

Powur proudly ranks on the Inc. 5000 list for the fourth consecutive year, reflecting our consistent growth and industry leadership.

In 2023, advanced battery and storage solutions, including the highly anticipated Tesla Powerwall 3, were launched, marking a significant leap in home energy management.

A monumental milestone, Powur generated $1 billion in revenue, underscoring our financial strength and the trust our customers place in us.

In 2023, Powur expanded into three new markets, increasing our presence from 20 to 23 active markets and extending our clean energy solutions to even more communities!

The solar systems we’ve installed will offset a total of

Metric Tons of CO2 over their lifetime.

Just how much carbon is that? It’s the equivalent of the following:

 

39,928,569

Tree seedlings grown for 10 years

159,415,663,470

Number of smartphones charged

574,722

gasoline-powered passenger vehicles driven for one year

271,720,311

gallons of gasoline consumed

 

104,888,160

trash bags of waste recycled instead of landfilled

2,819,325

acres of forest in one year

How is this information calculated?

Customer Savings: Powur estimated lifetime savings for systems installed by Powur by using the average estimated customer savings presented on Powur customer solar proposals. Lifetime savings estimates on proposals factor in available data such as 1) system size, 2) estimated system production (which is impacted by shading, roof face, panel efficiency and other factors), 3) current utility rate or replacement cost, 4) estimated future utility rate or replacement cost, 5) financing cost, and 6) an average system lifetime of 25 years.

Avoided Carbon Emissions. Powur uses true aggregated customer data to obtain total system size and estimated lifetime production for 2022 installations to arrive at the total number of kilowatt hours of energy that will be replaced by solar installation and therefore the equivalent amount of estimated lifetime avoided kilowatt hours of energy generated by fossil fuels. In arriving at this figure we assume 1) that 100% of electricity produced by installed systems will be used either directly at the home where it is produced or through net metering flowing back to the grid and 2) an average system lifetime of 25 years. The final amount of avoided kwh of energy is then input into the EPA greenhouse gas equivalency calculator to arrive at the total estimated lifetime avoided carbon emissions from systems installed by Powur. The equivalent impacts (e.g. trees planted or miles not driven) are also calculated using the EPA calculator located at https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator.

Each time another homeowner decides to go solar, they are not only creating lifetime savings for their family, but most importantly, stopping carbon from entering our atmosphere. This is one of the most significant contributions each of us can make to this planet.

We all must take action to guarantee future generations have the same access to renewable energy. As you journey through this year’s Impact Report, we hope you’ll feel yourself in the pages, in the stories, and in the impact.

You are part of our community.

Impact Journey

Powur has distinguished itself through its commitment to green, renewable solutions and a deep-seated dedication to social and environmental responsibility in sustainable energy. Since its founding, Powur has been on a mission to do more than just equip homes with solar power; it aims to empower communities, foster energy independence, and make a tangible impact on a global scale. This mission is embodied in the annual Impact Journey, a testament to Powur’s ethos of giving back and driving positive change.

As we reflect on the challenges and triumphs of 2023, our gratitude extends to everyone who has joined us on this journey. The past year has been challenging and a catalyst for incredible growth and innovation. Our vision to serve humanity by accelerating the adoption of sustainable energy has never been more critical. With the support of our community, we have turned challenges into opportunities, proving that resilience, adaptability, and innovation are at the heart of Powur. As we continue to write our story, let us move forward with the knowledge that our collective efforts are creating a lasting impact on the world.

Stand with us to take solar to the next level, as we look at new ways to innovate and introduce more and more people to the world of solar and a truly bright future! Together, we are making a huge difference!!

Jonathan Budd

CEO & Founder

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