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Founded in 2013 and headquartered in Annapolis, Maryland, New Energy Equity develops and finances solar power generation assets, providing clean electricity to commercial, industrial, municipal, and utility customers under long-term contracts. New Energy Equity has successfully developed over 250 projects, totaling more than 460MW of solar projects since 2013. The company was ranked as the 7th largest developer on Solar Power World's "2021 Top Solar Contractors" list and was voted as one of the fastest-growing energy companies in D.C., Maryland, and Virginia by Inc. Magazine in 2020. New Energy Equity is a wholly owned subsidiary of ALLETE, Inc. (NYSE:ALE). read more

EMPLOYEE PARTICIPANTS: 65

TOTAL RATINGS: 1116

CEO: Matt Hankey

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New Energy Equity Retention Score

New Energy Equity is in the Top 5% of similar sized companies in its ability to retain quality employees. 100% of employees would not leave New Energy Equity if they were offered a job for more money while 95% are excited to go to work each day. Overall, 83% of New Energy Equity's employees feel the company is doing what it should to retain them while 17% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated months ago.

Where This Score Ranks New Energy Equity's Retention

TOP
5%
In the Top 5% of 2026 Similar Sized Companies on Comparably
TOP
5%
In the Top 5% of 236 Nearby Companies in Washington, DC
1st
1st place versus 1 competitors rated on Comparably

Jan

Mar

May

Nov

Feb

A+92 / 100

Jan

Who Ranks New Energy Equity's Retention the Highest?

Department - Finance 98/100

Experience - 3 to 6 Years 96/100

Gender - Male 96/100

Who Ranks New Energy Equity's Retention the Lowest?

Gender - Female 87/100

Department - Business Development 89/100

Experience - 1 to 3 Years 90/100

New Energy Equity Retention At a Glance

New Energy Equity's Retention score is rated an "A+" by 64 employees. The category helps understand New Energy Equity's focus and commitment to retaining employees in their organization.

Over the past three months, New Energy Equity's Retention score has remained steady at 92/100. New Energy Equity ranks in 1st place versus 1 competitors which include Standard Solar. The Finance and Engineering departments are likely to stay at the company the longest, while the Business Development and Operations departments are likely to have the highest turnaround.

New Energy Equity's Retention score is in the Top 5% of 2026 similar sized companies (51-200 Employees) on Comparably. The Company ranks in the Top 5% compared to 236 nearby companies in Washington, DC.

New Energy Equity's Retention Trendline

New Energy Equity92
Other Companies in Washington, DC
Similar Size on Comparably

How New Energy Equity's Retention Score is Calculated

Answer	Percent
Yes	84%
No	16%

Do you believe you're paid fairly?

Answer	Percent
Yes	98%
No	2%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	95%
No	5%

Are you typically excited about going to work each day?

Answer	Percent
Every week	50%
Once a month	16%
Once a quarter	0%
Once a year	17%
Never	17%

How often do you get valuable feedback on how to improve at work?

Answer	Percent
Yes	100%
No	0%

Do you approve of the job your executive team is doing at your company?

Answer	Percent
Yes	83%
No	17%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

Answer	Percent
Very Secure	63%
Secure Enough	37%
Neutral	0%
Insecure	0%
Very Insecure	0%

How secure do you feel your job is at your company?

Answer	Percent
Yes	50%
No	50%

Do you have a close friend at work?

Answer	Percent
Yes	0%
No	100%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Multiple times a week	50%
Once a week	0%
Once a month	25%
Once a quarter	0%
Never	25%

How often do you socialize with team members outside of work?

Answer	Percent
Yes	0%
No	100%

Do you feel burnt out at work?

Answer	Percent
Yes	100%
No	0%

Are you challenged at work?

Answer	Percent
Yes	100%
No	0%

Would you turn down a job offer today, for slightly more money?

Answer	Percent
Yes	100%
No	0%

Are you proud to be a part of your company?

New Energy Equity's Retention Rank Against Similar Sized Companies on Comparably

TOP

New Energy Equity ranks in the Top 5% of other companies on Comparably with 51-200 Employees for Retention Score.

New Energy Equity's Retention Rank Against Other Companies Nearby

TOP

New Energy Equity ranks in the Top 5% of other companies in Washington, DC for Retention Score.

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