NPS Intelligence (beta)

Disclosed NPS & retention by vertical

Verticals  /  Energy & utilities  /  Stem, Inc.

Stem, Inc.

Energy & utilitiesEnergy Storage SystemsSTEM
stem.com ↗
68
Latest disclosed NPS
28 Feb 2024
2
NPS entries
1 with a number
99.2%
Retention
28 Feb 2024
5%
Churn
24 Feb 2022

In their words

“Additionally, we are proud to announce consistently great Net Promoter Scores of 68 for storage and 62 for solar. These scores represent above-average likelihood of customers willing to recommend Stem.”
— John Carrington, CEO, Stem, Inc. · Earnings call, Q4 2023 · 28 Feb 2024
“Retention rates are at all-time highs with solar at 99.2% and storage at 98.5%”
— John Carrington, Chief Executive Officer (CEO), Stem, Inc. · Earnings call, Q4 2023 · 28 Feb 2024
“Retention rates are at all-time highs with solar at 99.2% and storage at 98.5%”
— John Carrington, Chief Executive Officer (CEO), Stem, Inc. · Earnings call, Q4 2023 · 28 Feb 2024

NPS disclosures (2)

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28 Feb 2024
NPS68

Additionally, we are proud to announce consistently great Net Promoter Scores of 68 for storage and 62 for solar. These scores represent above-average likelihood of customers willing to recommend Stem.

— John Carrington, CEO, Stem, Inc. · Earnings call, Q4 2023 · 28 Feb 2024
Earnings call, Q4 2023 ↗
28 Feb 2024
NPSProgram

Our customers continue to value our differentiated services, as indicated by our high retention rates and top quartile net promoter scores.

— Stem, Inc. · SEC 8-K filing · filed 28 Feb 2024
SEC 8-K filing ↗

Retention disclosures (3)

Open in the retention database →

28 Feb 2024
Retention98.5%

Retention rate (storage): 98.5% (Q4 2023) — “retention rates are at all-time highs with solar at 99.2% and storage at 98.5%”

— John Carrington, Chief Executive Officer (CEO), Stem, Inc. · Earnings call, Q4 2023 · 28 Feb 2024
Earnings call, Q4 2023 ↗
28 Feb 2024
Retention99.2%

Retention rate (solar): 99.2% (Q4 2023) — “retention rates are at all-time highs with solar at 99.2% and storage at 98.5%”

— John Carrington, Chief Executive Officer (CEO), Stem, Inc. · Earnings call, Q4 2023 · 28 Feb 2024
Earnings call, Q4 2023 ↗
24 Feb 2022
Churn5%

Churn (Athena and PowerTrack platforms): 5% (Q4 2021) — “historically low churn across the Athena and PowerTrack platforms, which is in the low-single-digits”

— Bill Bush, Chief Financial Officer, Stem, Inc. · Earnings call, Q4 2021 · 24 Feb 2022
Earnings call, Q4 2021 ↗

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About these figures

Every figure here was publicly disclosed by the named company: press releases, annual reports, SEC filings, earnings calls and news coverage. Companies tend to publish their NPS when it is good, so these numbers run higher than a true industry average: read them as what leading companies in this vertical say publicly, not as an industry benchmark.

NPS runs from −100 to +100. Retention figures are reported as the company defines them (net revenue retention, gross revenue retention, customer retention rate, churn). Every entry links to its source in the full database.