FS Energy: Energy performance

Cumulative (vs. Baseline)3%
Annual (2016)2%
PORTFOLIO SUMMARY: WHOLE BUILDING DATA BY REPORTING PERIOD

Better Buildings Challenge partners strive to report whole-building data for all properties within their portfolio. Often, Multifamily partners face the added challenge of collecting data from tenant-paid utility accounts. The Better Buildings Challenge is working with Multifamily partners and utility companies to improve the data collection and reporting process. While this important work continues, Multifamily partners are being recognized for their successes within those properties that are reporting whole-building data. FS Energy's portfolio consists of 440 properties and more than 75 million square feet. For the 2016 reporting period, FS Energy reported whole-building data for 34% of its portfolio.

FS Energy
PORTFOLIO ENERGY PERFORMANCE

Better Buildings Challenge Partners strive to decrease portfolio-wide source energy use intensity (EUI) and to increase the percent improvement compared to a set baseline. FS Energy's portfolio consists of more than 440 buildings and 75 million square feet. For it's whole building reporting properties, FS Energy has improved energy performance by 3% from a 2011 baseline, making progress towards a goal of 20% by 2022. Energy savings have been achieved by implementing lighting retrofits across all properties, HVAC upgrades at the three largest properties, and an energy awareness program focused on low-cost opportunities for savings.

ENERGY PERFORMANCE BY PROPERTY

Looking at the percent improvement in energy performance across all facilities can provide insight into how an organization is saving energy. FS Energy has achieved energy performance improvement of greater than 10% at more than 22 of its properties. There are 50 properties that have experienced an increase in Source EUI. These properties have been targeted for future energy efficiency improvements.

IDENTIFYING OPPORTUNITIES FOR IMPROVEMENT

Property-level energy performance metrics, including EUI and percent improvement to date, are critical to track progress over time and identify opportunties for additional energy savings. FS Energy's portfolio consists of properties with with a wide range of baseline EUI values, most of which are between 75 and 200 kBtu/sq. ft. A significant number of properties have shown energy improvement since 2011. The properties located near or below the 0% axis may present good opportunities for further savings.