EnergyCAP, LLC, is an energy and utility management platform. Their cloud-native SaaS platform centralizes energy data into one audited system. Founded in 1980 and headquartered in Boalsburg, Pennsylvania.

History

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EnergyCAP's history dates back to 1980. In response to a growing demand for energy management software when PCs were in their infancy, Steven D. Heinz founded OmniComp, Inc. in 1980 and launched the development of EnergyCAP predecessor FASER Energy Accounting.[1]

FASER became widely used by retail chains, government, universities, school districts and property managers. By the mid-1990s, FASER's thousands of users tracked an estimated five million bills a year valued at $2 billion. FASER and OmniComp were purchased by Enron Corporation in 1996.[2] Following Enron's bankruptcy in late 2001, Heinz acquired the energy information assets[3] and launched Good Steward Software, which was renamed to EnergyCAP, Inc. in January 2010.[4] The company was renamed EnergyCAP, LLC in March 2021 upon the establishment of a strategic partnership with private equity investment firm Resurgens Technology Partners.

Platform and capabilities

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The EnergyCAP platform integrates utility, commodity, meter, and sensor data into a single source of truth. EnergyCAP’s core functionality is built around its Utility Management engine, which automates utility bill ingestion, audits billing errors, and offers advanced analytics for energy, sustainability, and finance teams.

Its extended platform includes:

  • Carbon Hub: Translates energy and meter data into Scope 1, 2, and 3 emissions equivalents, linking carbon reporting directly to utility costs for better ESG visibility.
  • Smart Analytics: Uses interval data and AI-driven insights to surface performance gaps in real time.
  • Bill CAPture Services: Automates utility bill data entry and resolution.
  • Bill Pay: Enables secure, on-time utility payments directly within the platform.
  • Advanced Accounting Suite: Offers adjustable utility bill budget creation, accurate accruals, and advanced accounting review and exporting.
  • Chargebacks: Allocate utility costs and create bills by department or facility.

Customer base

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EnergyCAP serves a wide range of industries including higher education, government, K–12, healthcare, commercial real estate, and manufacturing.

Recognition and evolution

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EnergyCAP has received multiple industry awards, including:

  • ENERGY STAR Partner of the Year 2024[5]
  • Capterra Best of Energy Management 2024[6]
  • Green Quadrant: Energy Management Software 2023
  • Software Reviews 2024 Top Environmental, Social and Governance Reporting (ESG) Software Quadrant[7]
  • Summer 2024 Energy Manager Software Leaders[8]
  • Major Player in the Worldwide Carbon Accounting & Management Applications 2024 Vendor Assessment[9]
  • Software Reviews ESG Reporting Data Quadrant Leader[10]
  • 2024 Top Product of the Year by the Environment+Energy Leader Awards Program
  • Top Climate Tech Companies to Watch in 2024[11]
  • Best Company Perks & Benefits 2023[12]
  • Software Reviews 2023 Emotional Footprint Champion[13]
  • Best Places to Work 2023[14]
  • Spring 2022 Energy Management Software (Wattics)[15]

References

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  1. ^ "Energy Education: News/Press". Archived from the original on 2011-07-10. Retrieved 2011-01-27.
  2. ^ "Enron-1998-10-K-d.htm".
  3. ^ "FASER". Archived from the original on 2011-01-17. Retrieved 2011-01-27.
  4. ^ "Good Steward Software Announces Record Sales in 2009, Changes Name to EnergyCAP, Inc".
  5. ^ "🎉 EnergyCAP team members, Chris Houdeshell, Sarah Uranowski, Samata Prabhu, and Thomas R. | EnergyCAP". www.linkedin.com. Retrieved 2025-06-26.
  6. ^ "EnergyCAP Pricing, Alternatives & More 2025". Capterra. Retrieved 2025-06-26.
  7. ^ "Environmental, Social and Governance Reporting 2025". SoftwareReviews. Retrieved 2025-06-26.
  8. ^ "EnergyCAP Named Market Leader in the Summer 2024 Energy Management Software Customer Success Report". EnergyCAP. Retrieved 2025-06-26.
  9. ^ "EnergyCAP named a Major Player in the IDC MarketScape: Carbon Accounting & Management Applications 2024!". EnergyCAP. Retrieved 2025-06-26.
  10. ^ "EnergyCAP Customer Reviews 2025 | Environmental, Social and". SoftwareReviews. Retrieved 2025-06-26.
  11. ^ "Top Climate Tech Companies to Watch in 2024 | Purpose Jobs". www.purpose.jobs. 2024-03-28. Retrieved 2025-06-26.
  12. ^ "Best Company Perks & Benefits 2023". Comparably.com.
  13. ^ "EnergyCAP Customer Reviews 2025 | Environmental, Social and". SoftwareReviews. Retrieved 2025-06-26.
  14. ^ "50 Best Startups to Work For in Colorado 2023 | Built In". builtin.com. 2015-01-01. Retrieved 2025-06-26.
  15. ^ "Spring 2022 Customer Success Report - Energy Management Software Category" (PDF).
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