February 27, 2015 12:59 AM ET

Internet Software and Services

Company Overview of FirstFuel Software, Inc.

Company Overview

FirstFuel Software, Inc. develops an energy analytics platform for commercial buildings. The company offers a remote, automated Rapid Building Assessment platform that uses building consumption data from the utility to produce building analysis and energy savings. It focuses on providing a game-changing energy efficiency platform for utilities and commercial building owners. The company’s remote building assessment is delivered through its interactive online portal. FirstFuel Software, Inc. was formerly known as iBLogix Inc. and changed its name to FirstFuel Software, Inc. in August 2011. The company was incorporated in 2009 and is based in Lexington, Massachusetts.

420 Bedford Street

3rd Floor

Lexington, MA 02420

United States

Founded in 2009

Phone:

800-425-4070

Key Executives for FirstFuel Software, Inc.

Co-Founder and Chief Executive Officer
Co-Founder and Senior Vice President of Products and Buildings
Co-Founder and Advisor
Co-Founder and Advisor
Chief Financial Officer
Age: 53
Compensation as of Fiscal Year 2014.

FirstFuel Software, Inc. Key Developments

E.ON Taps FirstFuel Software to Help British Small and Medium-Sized Businesses Benefit from Energy Saving Analysis and Tools

FirstFuel Software announced it has been tapped by E.ON to help British small and medium-sized businesses (SMEs) benefit from energy saving analysis and tools which are usually only available to larger industrial and commercial businesses. E.ON’s new Energy Toolkit is simple and intuitive and offers personalized and relevant information tailored to a business’s characteristics and needs. The tool gives customers insight into their energy consumption, allowing them to monitor buildings and audit their activities before implementing changes. It is being trialled by around 20,000 E.ON customers before being offered to hundreds of thousands more from early 2015. The Energy Toolkit gives customers their own analysis conducted for each building, complete with an online web portal showing energy consumption and costs as well as a series of energy saving actions that could have significant impact on a business’s bottom line. Using simple pieces of customer information, like electricity consumption data and addresses, the tool also takes on board local weather patterns, building data and other information to identify energy use patterns and calculate where and how the business can cut its energy use.

Opower and FirstFuel Software Announce Global Strategic Partnership

Opower and FirstFuel Software announced a strategic partnership to help utilities better engage all of their customers across residential, commercial and industrial sectors. Customer engagement is emerging as an enabler of key investor-owned utility goals, such as improving customer satisfaction, addressing the rise in distributed generation, and achieving quantitative efficiency targets. In addition, energy retailers in competitive markets are focusing on engagement techniques to cross-sell new services and retain existing customers. Advances in data analytics, behavioral science and platform software are enabling these organizations to personalize the customer experience and become trusted energy providers. Opower and FirstFuel aim to change this by transforming the way utilities engage and empower their customers. Opower and FirstFuel will provide a seamless deployment of their software that provides unified data integration, security and customer-facing interfaces. Opower will apply its behavioral science expertise to residential and smaller businesses, while FirstFuel will provide its building science and deep data analytics approach for larger commercial and industrial customers -- together delivering a single, best-of-breed solution for utilities that is driven by a scientific understanding of heterogeneous customer energy performance, needs and motivations.

Southern California Edison Selects FirstFuel Software to Deliver Innovative Energy Efficiency Program for Commercial Customers

FirstFuel Software announced that it has been selected by Southern California Edison (SCE), the primary electricity provider for much of Southern California, to deliver a first-of-its-kind Continuous Engagement program using advanced analytics to help scale energy efficiency delivery. The program is part of the IDEEA365 initiative, a larger California program designed to help investor-owned utilities adopt new ideas and technology that can change the trajectory and quality of energy efficiency delivery. The FirstFuel program will use extensive smart grid data from more than 10,000 mid-sized commercial buildings across multiple business types to help more of SCE's customers participate and benefit from energy efficiency programs. While many of the buildings are well known to have substantial energy savings, FirstFuel's analysis has shown that mid-sized buildings can offer 40% of the total savings potential in an average commercial portfolio. SCE, like many utilities, has long been interested in solutions that help improve its efficiency services to this valued segment. FirstFuel will help SCE Account Management teams to channel customers to the right programs and the right efficiency incentives -- both immediately and progressively over time. Specifically, FirstFuel's analytics will help SCE and its customers better understand where the best opportunities are for efficiency, on a building-by-building basis, and help customers to reduce the energy usage through continuous engagement. The multi-channel program will use FirstFuel's energy web platform, email alerting and SCE's commercial customer service teams to deliver energy performance intelligence directly to customers. FirstFuel and SCE aim to reduce the cost of customer service while simultaneously boosting program participation and customer savings.

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