FirstService Residential Releases Energy Report Cards to Facilitate Efficiency, Cost Savings, and Carbon Emission Reductions in NYC Residential Buildings

FirstService's Energy Report Cards provide unit owners a window into building energy performance

FirstService Residential, New York's leading residential property management company, released Energy Report Cards this week for condominium, cooperative, and multifamily rental properties in the company's New York portfolio. Issued annually, the Energy Report Cards provide a detailed analysis of a building's energy performance, including CO2 emissions benchmarked against buildings of similar size and function and strategies to reduce energy costs, consumption, and emissions. In New York City, energy costs can comprise 30% of a building's annual budget.

"We recognize how difficult it can be for boards and owners to find energy solutions that make sense for their building, and we created the Energy Report Cards to help these clients understand where they are today and how to make real, significant change," said Kelly Dougherty, president of FirstService Energy. "You can't improve what you're not measuring. Knowledge gleaned from the report cards helps our clients make informed decisions on projects and investments that will reduce emissions, costs, and energy use while also improving resident comfort and avoiding fines."

The Energy Report Cards include a rich presentation of data that illustrates where costs have increased and how a building's facilities have performed over time, as well as pathways to comply with New York City's Local Law 97 emissions reduction requirements. They were developed by FirstService Energy's team of energy experts and sustainability advisors, who maintain historical data of hundreds of residential and commercial properties' energy use, utility costs, and emissions.

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