|20%Reduction in Energy Intensity|
FS Energy was created in 2010 to manage, track and analyze the energy use of properties managed by FirstService Residential and to help building owners and residents reduce energy usage, costs, and emissions. Since its creation, FS Energy has helped FirstService Residential clients save more than $20 million in energy costs while reducing the carbon footprint of the New York portfolio by 16%.
FS Energy views its partnership with the Better Buildings Challenge as a natural extension of its commitment to collecting energy data and benchmarking the FirstService Residential portfolio. Utilizing its proprietary FSdata energy management system for each managed property, FS Energy identifies opportunities to improve efficiency and works with the building's property manager to implement cost effective energy saving solutions. FS Energy also invests the time and resources of internal O&M engineers to conduct whole building energy assessments that identify facility-specific issues with a dual focus on short-term energy saving opportunities and larger long-term capital improvements. To drive stakeholder engagement, all of the building data and analyses are made available to each building’s board members via the FS Energy report card. The report card details a building’s consumption data, provides comparisons to like buildings, and includes detailed commodity breakdowns. It also provides a comprehensive analysis so that informed decisions on how best to improve energy performance can be made.