FS Energy, a leading independent provider of comprehensive energy solutions for multi-family residential properties, and a subsidiary of FirstService Corporation [NASDAQ: FSRV; TSX: FSV and FSV.PR.U], has hired Aaron Mehta as Director of Energy Information. Mr. Mehta, who has an extensive background in business process analysis and computer systems, is responsible for managing the information assets of FS Energy. He will be implementing best practices to expand the company’s reach beyond New York City to a national audience.
FS Energy, which serves as the exclusive energy management partner for residential properties managed by Cooper Square Realty, aims to reduce energy costs and the carbon footprint of its New York City portfolio by 25% by 2013. The result would be more than $30 million in savings and a reduction of carbon emissions by 111,000 metric tons. This is equivalent to taking 110 building offline or removing 21,600 cars from the road. Cooper Square Realty manages more than 500 condominiums, cooperatives and rental properties throughout New York City.
As the leader for the data team, Mehta will utilize new technology to identify trends and opportunities for improvement through FSdata, the company’s proprietary benchmarking database. FSdata houses historical energy usage, cost, and typology information for all buildings in the Cooper Square Realty management portfolio. Through in-depth analysis, he will leverage this data to further differentiate the services provided by FS Energy to our current clients and new market opportunities.
“It is our goal to most effectively collect, analyze, and derive value out of the increasing amount of data we have in order to make the best decisions to reduce energy costs and greenhouse gas emissions,” explained Mehta.
“Our entire client portfolio will benefit immensely from the even more sophisticated level of benchmarking and analysis that FS Energy will now provide through portfolio-based energy management and customized energy strategies,” said David Kuperberg, CEO of FS Energy and Cooper Square Realty.