EnergyCAP

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EnergyCAP, LLC is a leading energy and utility management platform. Their cloud-native SaaS platform centralizes energy data into one audited system, equipping energy and finance teams to pinpoint waste, allocate costs accurately, and cut both energy use and utility spend in a single workflow. Founded in 1980 and headquartered in Boalsburg, Pennsylvania, EnergyCAP has evolved from utility bill tracking software into a comprehensive energy and utility management system used by thousands of public and private institutions globally.

Contents

History

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—replacing spreadsheets and siloed systems with accurate, audit-ready information. 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:

Impact and outcomes

When polled, most EnergyCAP customers report reducing utility spend by 10% or more year over year [5] while saving time, improving operational efficiency, and tracking emissions to stay compliant. The platform supports audit-readiness, accelerates reporting, and delivers real-time insights that guide teams to capture maximum energy cost savings.  

Customer base

EnergyCAP serves a wide range of industries including higher education, government, K–12, healthcare, commercial real estate, and manufacturing. Its clients include major universities, cities, school districts, and Fortune 500 companies.

Recognition and evolution

EnergyCAP has been recognized for its reliability, customer satisfaction, and innovation in the energy management space. In 2025, the company redefined its product architecture to emphasize platform scalability and modular growth, positioning Utility Management as the foundation and offering Carbon Hub and Smart Analytics as powerful extensions.

EnergyCAP has received multiple industry awards, including:

References

  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. "The ROI of EnergyCAP UtilityManagement". EnergyCAP. Retrieved 2025-06-26.
  6. "🎉 EnergyCAP team members, Chris Houdeshell, Sarah Uranowski, Samata Prabhu, and Thomas R. | EnergyCAP". www.linkedin.com. Retrieved 2025-06-26.
  7. "EnergyCAP Pricing, Alternatives & More 2025". Capterra. Retrieved 2025-06-26.
  8. "Environmental, Social and Governance Reporting 2025". SoftwareReviews. Retrieved 2025-06-26.
  9. "EnergyCAP Named Market Leader in the Summer 2024 Energy Management Software Customer Success Report". EnergyCAP. Retrieved 2025-06-26.
  10. "EnergyCAP named a Major Player in the IDC MarketScape: Carbon Accounting & Management Applications 2024!". EnergyCAP. Retrieved 2025-06-26.
  11. "EnergyCAP Customer Reviews 2025 | Environmental, Social and". SoftwareReviews. Retrieved 2025-06-26.
  12. "EnergyCAP is thrilled to share that our energy and sustainability ERP has been named a 2024 Top Product of the Year by the Environment+Energy Leader Awards Program. | EnergyCAP". www.linkedin.com. Retrieved 2025-06-26.
  13. "Top Climate Tech Companies to Watch in 2024 | Purpose Jobs". www.purpose.jobs. 2024-03-28. Retrieved 2025-06-26.
  14. "Best Company Perks & Benefits 2023". Comparably.com.
  15. "EnergyCAP Customer Reviews 2025 | Environmental, Social and". SoftwareReviews. Retrieved 2025-06-26.
  16. "50 Best Startups to Work For in Colorado 2023 | Built In". builtin.com. 2015-01-01. Retrieved 2025-06-26.
  17. "Spring 2022 Customer Success Report - Energy Management Software Category" (PDF).