December 28, 2014 2:38 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

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.

FirstFuel Software Announces Advisory Board Members

FirstFuel Software announced the inaugural members of its Advisory Board. The FirstFuel Advisory Board will include Dian Grueneich, former Commissioner with the California Public Utilities Commission (CPUC); Jon Wellinghoff, former Chairman of the Federal Energy Regulatory Commission (FERC); and Frank Murray, former President and CEO of the New York State Energy Research and Development Authority (NYSERDA). These world-renowned industry leaders will bring their unique perspectives and broad individual networks to help FirstFuel work toward its goal of delivering scalable energy information service worldwide. Dian Grueneich, former Commissioner, California Public Utilities Commission (CPUC): With over 33 years of energy experience, former Commissioner Grueneich is a nationally and internationally recognized energy expert. Jon Wellinghoff, former Chairman, Federal Energy Regulatory Commission (FERC): Jon is an internationally recognized energy law attorney and clean tech energy expert with 38 years of energy leadership experience. Francis (Frank) Murray, former President and CEO, New York State Energy Research and Development Authority (NYSERDA): Frank has over three decades of experience in the energy field, most recently serving as President and Chief Executive Officer of NYSERDA from January 2009 through September 2013.

Similar Private Companies By Industry

Company Name Region
TinBu, LLC United States
Spotlight Software, LLC United States
Matchbox, Inc. United States
Infochimps, Inc. United States
Storybird Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FirstFuel Software, Inc., please visit www.firstfuel.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.