Energy Federation Inc
FRANKLIN, MA
Total revenue
$13.5M
Total expenses
$13.9M
Net assets
$7.2M
Grants received
—
EIN
042790398
Tax year
2023
Mission
Energy federation, inc. (efi) was established in 1982 as a massachusetts 501(c)(4) not for profit organization with the purpose of providing quality affordable conservation products to the public and assisting them in using energy resources efficiently. In 1985 efi partnered with other organizations to design and implement successful resource conservation service audit programs for electric utilities. This led to efi supplying energy efficiency products for installation in homes during energy audits.today, efi's current work can largely can be segmented into two categories:-the distribution of energy efficiency-related products, and -the provision of services through which financial incentives are used to accelerate the adoption of energy efficient technologies.
Programs
1 program
Incentive servicesduring efi's history the organization has processed incentives for hundreds of millions of energy efficient products and measures, including energy efficient lighting, appliances, high efficiency hvac equipment, advanced power strips, insulation and air sealing measures, and renewable energy systems, having issued approximately $3 billion worth of incentives on behalf of our clients to-date. Incentives such as these are to encourage consumers and businesses to invest in energy efficient products and measures that they might not otherwise. The types of incentive services that efi makes available to utilities include the following: upstream rebates, in which the incentive agreement is typically executed between the utility sponsor and a manufacturer/retailer, result in the customer price for the energy efficient product being discounted by the amount of the incentive provided by the utility. Efi verifies the purchase data provided by the manufacturer/retailer and reimburses the manufacturer/retailer. Midstream rebates, for which customer and measure eligibility is confirmed by a retailer or distributor, with the utility rebate applied by the distributor during the purchase. Efi verifies the customer and measure eligibility and reimbursed the midstream distributor. Downstream rebates are those in which the end-user must apply for a rebate subsequent to the purchase of the energy efficient measure. Efi usually supports these programs through the deployment of an online site through which required information may be entered and/or uploaded. Efi sometimes enters information from downstream rebates on behalf of the customer, but today management of downstream programs consists more of reviewing and verifying customer-submitted data. Instant rebates allow eligible customers to verify their eligibility for a utility rebate on a given product through their smart phone, select from a list of participating retailers, and have a discount code barcode sent to their phone via text that will apply the utility rebate during checkout at the retailer. The savings from the products and measures for which utilities offer financial incentives (rebates) provide significant benefits to consumers and businesses in the form of lower energy bills, they reduce the need for additional power plant development associated with electricity generation, and they result in reduced atmospheric emissions of greenhouse gasses.
Financials
FY 2023
Revenue
Expenses
People
16 listed
PAUL DANEHY
CEO/PRESIDENT
$369K
40 hrs/wk
DONALD MUIR
CHIEF FINANCIAL OFFICER
$305K
40 hrs/wk
DAVID LEUCI
CHIEF INFORMATION OFF. (UNTIL 9/23)
$178K
40 hrs/wk
RACHEL KEMP
BOARD OFFICER
$2K
1 hrs/wk
NANCY NYLEN
BOARD OFFICER
$2K
1 hrs/wk
LAURA MATZ
BOARD OFFICER
$2K
1 hrs/wk
DAVID LONG
BOARD OFFICER
$2K
1 hrs/wk
BRIAN KISSANE
VP, CLIENT SUCCESS MANAGEMENT
$215K
40 hrs/wk
CARYN DENNY
NATIONAL BUSINESS DEVELOPMENT DIR.
$206K
40 hrs/wk
SHAWN BARRATT
VP, IT
$174K
40 hrs/wk
PHILIP SCARBRO
VICE PRESIDENT, CLIENT SOLUTIONS
$172K
40 hrs/wk
JOHN MARSHEA
DIRECTOR, FINANCE AND ADMINISTRATION
$151K
40 hrs/wk
JOSEPH STAHLER
SYSTEM ADMINISTRATOR (UNTIL 12/23)
$138K
40 hrs/wk
SHEKINAH CARRERA
ENTERPISE APPS MGER (UNTIL 12/23)
$137K
40 hrs/wk
STEPHEN STARK
PRINCIPLE ENGINEER
$137K
40 hrs/wk
CAMERON FAIRBANKS
CLIENT SUCCESS MANAGER III
$123K
40 hrs/wk
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