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.
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
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
EnergyCAP serves a wide range of industries including higher education, government, K–12, healthcare, commercial real estate, and manufacturing.
Recognition and evolution
EnergyCAP has received multiple industry awards, including:
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