About Us : History

The founder of NUS Consulting and, in fact, the architect of the entire utility cost management industry was Theodore E. Maynard. While attending university, Mr. Maynard discovered that utility suppliers were not required to provide consumers the most cost effective rate option available. Choosing the "best rate” was ultimately the responsibility of each consumer. Recognizing the burden and additional cost placed on consumers, Mr. Maynard created NUS Consulting in 1933 to help utility intensive organizations better manage and reduce their energy costs.

Starting from a single office in New York City, NUS Consulting has grown into 11 international offices employing over 450 professionals. NUS Consulting currently advises 20,000 clients ranging from multi-national corporations to single location enterprises. Our clients represent a broad spectrum of industries including mining, manufacturing, retail, healthcare, pharmaceutical, financial services, hospitality, and government agencies.

The driving force behind much of NUS Consulting’s growth was Sarkis Soultanian. Starting his career in 1958 as a mailroom clerk, he advanced through the organization and ultimately became President in April 1986. Purchasing NUS Consulting from the Maynard family in 1990, he led NUS Consulting for an additional 8 years. Under his stewardship, NUS Consulting built NUS Corporate Plaza (our current headquarters), expanded its international network and made the implementation of new technologies a priority.

Today, NUS Consulting is led by Messrs. Gary and Richard Soultanian. Together, they are committed to building upon NUS Consulting’s long-standing tradition of success and industry leadership.