Company

Supporting energy and utility leaders for four decades and counting

EnergyCAP® helps energy, utility, and finance teams take control of their data—automating the tedious work, surfacing what matters, and delivering the financial-grade accuracy that decisions actually require. Over 45 years of experience, and we're still pushing forward.

Our history of innovation and leadership

2026

Advancing energy management with Watts AI

Watts AI marks the next evolution of EnergyCAP, introducing a purpose-built AI engine that transforms utility data into clear, actionable insights. With conversational tools like Watts AI Chat, users can instantly explore data, generate reports, and make faster decisions without digging through spreadsheets. Watts AI delivers trusted, context-rich intelligence designed specifically for energy, facilities, and finance teams.

2025

Bill Operations now includes Bill Pay

Bill Pay is introduced as a service for handling utility bill payments end to end—automating everything from invoice processing and validation to making secure, on-time payments.

2023

Expands offering to include financial-grade carbon accounting

EnergyCAP Carbon Hub began serving as the central repository of all carbon emissions related data, sustainability reporting, and tracking performance towards decarbonization goals. With the launch of Carbon Hub, EnergyCAP now offers a wide range of financial-grade data analysis and reporting capabilities.

2022

EnergyCAP acquires global leader in energy monitoring software

EnergyCAP expands its platform capabilities by acquiring Wattics—now Smart Analytics—a Global Leader in Energy Management Analytics and Monitoring Software, to include advanced energy management analytics tools that provide actionable, building- and device-level interval data analytics and dashboards to further support its customers in their journey to net-zero carbon emissions.

2020

Optimization of intelligence and security

Continued focus on optimizing the user experience by leveraging machine learning capabilities with features such as: Notifications, Flags, Audits, and Advanced Allocation, while also enhancing security with SOC 2 compliance and FedRAMP Certification.

2015–2018

Automation of services

Building on over 15 years experience in end-to-end automation of bill entry and payment, more advanced solutions are introduced to enhance automation of processes. Bill Capture and Smart CAPture are created to solve the complex issues of utility bill and smart meter data acquisition and entry. Automated alerts and alarms using machine learning are released to automatically and intelligently notify users of errors.

2011–2014

Telling the story your way

Continued innovation and industry leadership by providing a more personalized experience to view data the way sustainability, finance, and energy management teams want to see it. Custom data visualization dashboards and integrations with business intelligence reporting tools provide users with complete flexibility in reporting.

2007–2009

Sustainability and compliance

The energy industry is evolving and more emphasis is being placed on carbon reduction and compliance reporting. Continuing to provide solutions to meet industry requirements, new features and functionality were introduced to support the growing needs of sustainability and compliance reporting, including: automatic GHG emissions calculations from utility bills and a direct integration with ENERGY STAR Portfolio Manager.

2004

Advanced energy management

To continue supporting thousands of energy managers, more advanced energy management functionality was released to help solve more complex problems and identify areas of savings opportunities: Interval Data Tracking, Benchmarking, Accruals, and Enhanced Energy Data Analysis.

2001

EnergyCAP online

During the dotcom revolution, the software made a monumental transformation to the new technology age by leveraging SQL Server and introducing the first web-based version of EnergyCAP.

2000

Improved electronic processing

The adoption by utility vendors of ANSI standard formats of utility bills, known as EDI 810, provided opportunities to build more automated and seamless utility bill accounting workflow processes and lead the industry on utility bill entry.

1995

Collaboration between energy and finance teams

Further expanding on finance solutions, chargebacks and allocations were innovated which brought Energy Managers and Finance Teams together to solve mutual problems with technology. For the first time ever, both teams were able to recoup energy costs from tenants and departments based on submeters, splits, or virtual formula calculations.

1992

Pioneered energy and utility bill accounting

Building on a decade of energy management experience, end-to-end electronic utility bill workflow was introduced to remove the burden of manual bill entry and payment processes. The first ever automated process of electronic bill receipt, entry, approval, and connection to an accounting system was pioneered for a major retailer. This paved the way for the utility bill industry as a whole to streamline and automate bill receipt, entry, and payment processes.

1984

Robust energy reporting solutions

The software introduced cost avoidance calculations and reports including concepts such as baselines, adjusted baselines, use vs. degree day regression analysis and R-squared, concepts compliant with today's IPMVP but pioneered a full ten years before the birth of the international guidelines.

1982

Digitized manual energy management processes

A new era of utility bill and energy management was born with the first ever energy management information system. EnergyCAP was born (under its former name FASER) and for the first time ever, energy information was accessible in software, removing the need for manual, time intensive, pen and paper record keeping in energy management processes.

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The values we work by

Teamwork

We create a collaborative environment through establishing a foundation of trust and valuing differences in optimizing outcomes towards a common goal.

Impact

We focus on effecting change, having the greatest level of positive influence on those around us, and improving the overall future for us and our customers.

Accountability

We take ownership and strive for excellence in delivering on our commitments.

Integrity

We value honesty, transparency & respect in guiding what we do, regardless of the situation.

Innovation

We consistently pursue new and creative ways to solve problems—always challenging the status quo.

Careers

Do your best work at EnergyCAP

EnergyCAP has been helping organizations control energy costs and manage utility data for four decades, and we’re not slowing down. We’re a knowledgeable, supportive team using experience and AI to solve hard problems for customers who count on us to get it right. If you want to do meaningful work alongside good people, we’d like to meet you.

See open career opportunities