EnergyCAP
Procurement partnerAbout
EnergyCAP is a leading SaaS platform for utility bill management, energy analytics, and carbon reporting for large building portfolios. The company provides financial-grade, AI-powered energy data that helps organizations reduce costs, manage risk, meet sustainability goals, benchmark buildings, and streamline utility bill processing, auditing, and payment. EnergyCAP serves over 10,000 energy and sustainability leaders across government, education, healthcare, manufacturing, and commercial secto...
Details
VenSearch Intelligence
Ideal Customer
- EnergyCAP's sweet spot is mid-market to large enterprise organizations with multiple facilities, particularly those managing complex, multi-site utility portfolios across different states or countries.
- Data indicates the majority of its customers are large organizations with 1,000 or more employees, and the platform is most often used by companies with over 10,000 employees and $200M–$1B in revenue.
Key Differentiators
- EnergyCAP positions itself as the only purpose-built energy and sustainability ERP with over 40 years of domain expertise, financial-grade data infrastructure, and a unified platform that combines utility bill management, interval data analytics, emissions accounting, AI-powered insights, and managed bill services in a single system.
- It claims a measurable ROI advantage—92% of customers meet or exceed ROI expectations per its 2026 customer survey—and touts time savings averaging 40 hours per month from its Bill Capture service.
Industries Served
- EnergyCAP serves a broad range of industries with particular strength in higher education (approximately 23% of its customer base), government administration (approximately 22%), K–12 school districts, healthcare systems, commercial real estate, manufacturing (including automotive and food & beverage), retail, grocery, hotels, and utility providers.
- The platform also serves Fortune 500 enterprises and large corporate campuses with multi-site portfolios.
Service Coverage
- EnergyCAP operates primarily in the United States, with its headquarters in Boalsburg, Pennsylvania, and an additional office in Denver, Colorado.
- The platform also has international reach following its 2022 acquisition of Wattics, which had a presence in over 55 countries including an office in Dublin, Ireland.
Partnerships
- EnergyCAP has a deep, multi-year integration partnership with the EPA's ENERGY STAR Portfolio Manager, having been named ENERGY STAR Partner of the Year six times, and it automates direct data submissions on behalf of customers and utility providers.
- The platform integrates with major ERP and financial systems including Oracle, SAP, Microsoft Dynamics 365, Oracle NetSuite, Workday, and Sage Intacct for AP export and financial workflows.
Company Size & Ownership
- EnergyCAP was founded in 1982 (originally as Good Steward Software, rebranded to EnergyCAP, Inc. in 2010 and EnergyCAP, LLC in 2021) and has approximately 100–120 employees across its U.S. and international offices.
- Estimated annual revenue is broadly reported in the $13.7M–$100M range across data sources, with more recent estimates suggesting $50M–$100M, reflecting significant growth since its 2021 private equity partnership.
Compliance & Certifications
- EnergyCAP holds SOC 2 Type II certification, with its most recent independent audit completed in April 2024, covering security, availability, processing integrity, confidentiality, and privacy.
- It also holds a FedRAMP Low-Impact SaaS Authorization, verified by Securisea (a certified Third Party Assessment Organization), making it suitable for federal government customers.
Compiled from public sources by VenSearch · Last researched October 14, 2026
Offerings
9 offeringsEnergyCAP Advanced Accounting Suite
An add-on feature module that offers adjustable utility bill budget creation, accurate accruals, and advanced accounting review and exporting capabilities. It is designed to help finance teams align energy and utility data with broader financial processes and reporting requirements. The suite supports integration with business intelligence tools and streamlines financial workflows within the EnergyCAP platform.
EnergyCAP Bill Capture (Bill CAPture Services)
A managed service add-on that automates utility bill data entry and processing using a combination of AI, automation, and human expert review. It ingests utility bills in any format (PDF, EDI, XLS, paper mail, vendor portals, and more), extracts detailed data, and populates it directly into EnergyCAP, saving teams an average of 40 hours per month. The service also includes vendor management and audit support to ensure data accuracy and catch billing errors.
EnergyCAP Bill Pay
A managed service that automates end-to-end utility bill payment, from invoice entry and reconciliation through secure, on-time payments. It unites with Bill Capture and Vendor Management Services to deliver error-proof utility bill management, and provides clean, formatted AP export files compatible with major ERPs including Oracle NetSuite, SAP, Microsoft Dynamics 365, Workday, and Sage Intacct. Nothing is paid without customer approval, providing full audit trail and intelligent reconciliation.
EnergyCAP Chargebacks and Tenant Rebilling
A feature module that allows organizations to allocate utility costs and create bills by department, tenant, or facility. It is designed for organizations that need to recover energy costs from internal cost centers or external tenants based on actual usage data within the EnergyCAP platform. This capability supports cost recovery programs and internal accountability for energy consumption.
EnergyCAP Emissions (formerly Carbon Hub)
A carbon accounting and sustainability reporting add-on that brings Scope 1, 2, and 3 emissions tracking into the same centralized, verified platform as utility bills. It automatically converts utility and meter data into greenhouse gas emissions using standard or custom factors, supports GHG disclosures with audit-ready outputs, and enables organizations to set decarbonization targets and track progress. The module is built directly on EnergyCAP's financial-grade utility data infrastructure.
EnergyCAP Interval Data (formerly Smart Analytics)
A real-time energy analytics add-on module that integrates interval data from smart meters, devices, and sensors to analyze consumption trends, surface performance gaps, and support energy reduction strategies. It provides building- and device-level dashboards, real-time alerts and alarms, measurement and verification capabilities, and automated IPMVP project tracking. The module allows organizations to catch energy issues as they happen rather than waiting for monthly utility bills.
EnergyCAP Utility Company Platform
A benchmarking compliance software solution designed specifically for utility providers to better serve their commercial clients. It seamlessly submits utility data directly to ENERGY STAR Portfolio Manager for reporting and regulatory requirements, handles complex tenant data releases and aggregate building data publishing, and integrates with existing utility systems while providing secure access to customers and regulators.
EnergyCAP Utility Management
The core platform product offering best-in-class portfolio-level utility bill data management and reporting, powered by Watts AI. It automates data entry, validates usage, audits bills, benchmarks facilities, supports chargebacks and tenant billing, and integrates with ENERGY STAR. The platform centralizes utility, energy, and emissions data in one place, eliminating billing errors and saving teams hundreds of hours of manual work annually.
EnergyCAP Watts AI
Watts AI is EnergyCAP's purpose-built AI engine that transforms utility data into clear, actionable insights. It powers features such as Watts AI Chat, which allows users to conversationally explore utility bill data, generate reports, and make faster decisions without spreadsheets. Watts AI automates validation, extraction, and audit checks across the platform and is designed specifically for energy, facilities, and finance teams.
Considering EnergyCAP?
Our team will work with you to determine if EnergyCAP is the right fit for your organization. From research and assessment through procurement negotiation and ongoing vendor management — we handle the entire process at no cost to you.