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FASER

by Administrator last modified 04/03/2008

FASER Energy Accounting Software was developed by the Good Steward Software team over 25 years ago!  A newer, better version is now available called EnergyCAP!  Watch the Energy Tracking Quick Tour for an introduction to EnergyCAP.  Compare EnergyCAP and FASER with this handy comparison document.

History

In response to a growing demand for energy management software when PCs were in their infancy, Steve Heinz founded Omnicomp, Inc. in 1980 and launched the development of FASER Energy Accounting. FASER was first commercially released in 1982 and quickly became the industry standard for utility bill verification, tracking and reporting, and the calculation of the cost avoidance attributable to energy management activities.

FASER became widely used by retail chains, government, universities, school districts and property managers. By the mid-1990's, FASER's thousands of users tracked an estimated five million bills a year valued at $2 billion.

FASER was acquired by Enron in 1996. Following Enron's bankruptcy, Good Steward Software acquired all rights to FASER in late 2002 and offered FASER Maintenance Agreements to licensed FASER users until 2006 at which time FASER tech support was discontinued in favor of EnergyCAP which is far superior.

Most FASER users have already upgraded to EnergyCAP Enterprise. Good Steward Software offers upgrade discounts to FASER users and is able to accurately convert FASER data to EnergyCAP.