Best Energy Management Software

Best energy management software companies are WebNMS, ETAP Energy Management, Zema Suite, and KloudEMS. Such energy management system companies help industries to reduce and save energy consumption and improve the utilization in the organization.

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List of 20 Best Energy Management Software

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Safe Secure, and Sustainable Access Control

Johnson Controls is a global leader in developing smart buildings, designing environments that are secure, healthy, and sustainable. This energy management system software provides the greatest array of building technology, software, and services. The company helps customers accomplish their sustainability goals and energize their missions with a team of more than 100,000 committed people operating in 150 countries. Learn more about Johnson Controls

Software by ETAP Canada

ETAP is renowned software for analytical engineering. Power systems engineers use a software program for electrical network modeling and simulation to build an "electrical digital twin" that can be used by electrical engineers to model and analyze both steady-state and dynamic power systems. This energy management system is employed by several industries, including low-voltage, industrial, gearbox, and distribution. Learn more about ETAP

Software by RETScreen International

An intelligent decision-support tool, the RETScreen Expert Software enables stakeholders to quickly identify, evaluate, optimize, and follow the success of clean energy investments throughout the course of the full project life cycle. In addition to being utilized by universities and colleges around the world for teaching and research, this energy management system is used by the public and corporate sectors to help analyze, plan, implement, and monitor energy projects. Learn more about RETScreen

Software by Autodesk Inc.

Running building performance simulations to optimize energy efficiency and move towards carbon neutrality early in the design process is made possible by the adaptable cloud-based tool known as Green Building Studio. This energy management software is one of the most helpful tools for analyzing total building energy, water, and carbon. Learn more about Green Building Studio

Software by Energy Elephant

A cloud-based energy management solution called Energy Elephant is intended to assist campus administrators and regional business managers in automating tasks like managing, analyzing, and reducing energy waste. With their all-inclusive energy and sustainability management platform, Energy Elephant assists organizations all over the globe by giving them an increase in sustainability while saving time and money. Learn more about Energy Elephant

Contenders | 2024

Software by Chronogolf

Software for trading in commodities and energy called Endur offers a comprehensive physical-to-financial perspective of the full organization. Endur, an energy management platform, supports a variety of tasks, including back office settlements, trade capture, trade nominations and scheduling, risk management, and the creation of accounting journals. Learn more about Endur

Software by BuildingIQ

BuildingIQ is a renowned energy monitoring software and energy management software suitable for commercial buildings. BuildingIQ provides operational, energy-saving, and tenant comfort solutions to building managers, tenants, and owners throughout the world. An energy management software platform called BuildingIQ anticipates energy demand and modifies the HVAC settings of buildings to maximize energy consumption. Learn more about BuildingIQ

Software by Schneider Electric

By combining industry-leading process and energy technologies and connecting their products, controls, software, and services end-to-end, Schneider Electric is one of the best energy management software to accelerate digital transformation. This makes it possible for homes, buildings; data centers, infrastructure, and businesses to have integrated business management. Learn more about Schneider Electric

Software by Spacewell (MCS NV)

Energy services firms of all sizes can use DEXMA, a cloud-based software platform for energy management, intelligence, and analytics, to provide energy usage statistics to their customers. Tools for automatic reporting, budgeting, and analysis are important elements that are provided by this energy software. Users can manage key performance indicators (KPIs), analyze energy pricing, and keep an eye on consumption trends. Learn more about DEXMA

Emergents | 2024

EnergyCAP is a set of software tools and services for energy management and accounting used for utility bill processing, reporting, benchmarking, tracking, and analysis, as well as for overall energy and sustainability management and reporting. With the help of this energy data management software, you can control resource usage more effectively, lessen your carbon footprint, and generate significant savings. Learn more about EnergyCAP

Software by Datakwip

Datakwip is energy efficiency software that instantly recognizes the potential for energy conservation in structures. With no additional hardware required, Datakwip interacts with your current systems and fills in your data gaps to deliver insights into energy consumption, costs, and improvements. Through Datakwip's unique GUI, you can use the visual rules engine to quickly define rules within a flowchart. Learn more about Datakwip

Software by Facilio

A management tool and an energy management app named Facilio uses the Internet of Things to link and integrate your people, systems, and equipment at various facilities. It enables teamwork and remote management of building operations, sustainability, and management. Real estate owners and operators may gather difficult-to-access building data, improve performance, and manage portfolio operations using Facilio's AI-driven property operations platform. Learn more about Facilio

Software by Wattics

Through a Software-as-a-Service (SaaS) platform, Wattics is energy-saving software that makes managing building energy usage simpler. Energy experts and business owners can discover energy waste and related costs using the complete energy management platform Wattics. Performance measurements, automated reports and billing, action tracking, a configurable dashboard for energy analytics, and power quality analysis are amongst the useful features offered. Learn more about Wattics

Software by EnergyWatch

WatchWire offers a lone source of the facts regarding the patterns and changes identified in your company's energy utilization. By providing powerful analytics for all commodities, this enterprise-grade cloud-based platform enables sustainability and energy data administration and tracking for your team in a simple manner. WatchWire, as an energy monitoring software, is also offered as a private label option to improve the value of your business to customers. Learn more about Watchwire

Software by Cotopaxi

OpenGamma's Strata, an open-source analytics and market risk library, is utility monitoring software. With the use of standardized, ready-made market risk components, Strata enable developers of financial systems to create new applications or improve already existing ones. Products from Strata are designed to be the ideal soil reinforcement solution for uses like reinforced slope and wall construction, erosion control, retaining walls, landfill construction, and more. Learn more about Strata

Software by Lucid Design Group

BuildingOS offers middleware, analytics, and modeling solutions, as well as industrial IoT application infrastructure. This building energy management software is perfectly suitable for companies of all sizes in various sectors like education, government, retail, and hospitality. It is a cloud-based facilities management solution. BuildingOS provides customers with tools for managing asset management, building maintenance, and environmental sustainability. Learn more about BuildingOS

Software by SkyFoundry

SkySpark is a software analytics platform that offers to build insights, sometimes known as building analytics, by automatically analyzing system-level building data. A wide range of applications is available in this energy management system software to help you see your data and analytical output. It assists facility workers, company management, building owners, and operators in locating cost-saving options and enhancing building operations. Learn more about SkySpark

Software by KONsys

An energy management technology called AVReporter serves utility energy suppliers, building complexes, and industrial production facilities. It offers simple, extensible, affordable solutions for a range of consumer demands. Rich real-time functions such as maps, schematics, single-line electrical views, and alarm features are offered by this energy management system. Learn more about AVReporter

Category Champions | 2024

Enterprise IoT Platform and Solutions

An enterprise-scale IoT platform, WebNMS, offers edge-to-cloud solutions for connecting, monitoring, and managing resources at remote infrastructures. The energy management platform is a high-end application enablement platform that includes pre-built features for managing devices, users, security, and data collecting from the edge, analytics and storage, escalations and remote action triggers, visualization, and reporting. Read WebNMS Reviews

Most Reviewed

Software by Almiranta

Enexplan is a known energy management solution that offers comprehensive Windows-based solutions. This online lighting and energy management system provides load forecasting, benchmarking, budgeting and forecasting, weather normalization, and emissions monitoring in one location. Enexplan is a fully functional lighting and energy management system suitable for SMEs and agencies. Read Enexplan Reviews

Energy Management System software guide

With an economic rebound after COVID-19 and the Ukraine conflict, a spike in energy prices has been triggered for multiple commodities. And just like other business owners, you might be searching for ways to save energy and money.

While others are looking to reduce their energy consumption for the sake of the environment, as energy efficiency becomes a priority for businesses, it has become crucial to invest in energy management software systems as early as possible.

But what are the energy management software companiies, and how could they help? Are some tools available in the market to achieve that, and if so, which would have better benefits?

You might have more questions in your mind than answers, right?

Without further ado, let’s understand the energy management systems' concept and their common features, benefits, usage, and challenges.

What is an Energy Management Software?

Energy Management Software (EMS) is an umbrella term for different energy-related software applications. EMS software tracks energy usage and displays information such as real-time metering, utility bills, lighting control systems, reports on carbon and sustainability, simulation and modeling of buildings, energy consumption audits, management of IT equipment, etc.

In simple terms, an EMS is like a framework for energy consumers, whether commercial, industrial, or public sector organizations, that helps them to monitor, control, and optimize energy usage.

What are the Benefits of an Energy Management Software?

The energy management software is not just used to lower energy costs, it is much more than that. Some of the major benefits that an organization can gain from using EMS software include the following:

  1. By providing data and tools to make informed energy-saving decisions, energy management software helps organizations save energy and money simultaneously.

  2. It can help track energy consumption and set goals to minimize an organization's carbon footprint.

  3. Monitoring CO2 emissions at different sites helps reduce greenhouse gas emissions in power plants.

  4. Real-time data visualization features of the EMS software help detect and resolve consumption alerts.

  5. Reducing energy consumption also helps reduce resources, raw materials, and equipment costs.

  6. The energy management system is a cost-effective solution that helps businesses focus on adopting eco-friendly practices and levels of energy consumption while promoting sustainable development.

  7. Most importantly, with the risk of energy scarcity for future generations, it has become crucial to use energy management software as it can help to combat the emerging scarcity problem.

What are the Common Features of Energy Management Software?

Every energy management software is developed differently; while some help you meet your goals, others are destined for failure. What makes the difference? Well, its features.

What are the Common Features of Energy Management Software?

But what features should be considered while buying an off-the-shelf or developing a customized EMS solution?

To help you out, here are some common features of energy management software that you should seek:

  1. Interactive Dashboard

    With dashboards, users can interact with data by tracking, analyzing, displaying, and monitoring key energy metrics. An interactive dashboard helps users access regular insights on the energy KPIs from a centralized location.

  2. Alerts/Escalation

    Including alerts, features send notifications to the administrator when a problem is detected in the system, such as an equipment outage or out-of-range sensor values, etc.

  3. Automated Billing

    Billing can be a tedious task for utility suppliers. Thus, many organizations outsource their billing operations to third-party service providers. But, if the EMS software comes with automated billing capabilities, the task becomes much easier and more efficient.

  4. Historical Data

    If the energy management system stores annual energy consumption data, it can easily compare current usage to previous ones to detect consumption trends and past problems.

  5. Analysis of Power Quality

    Billions of dollars are lost annually due to power failures. If the energy management software you are investing in integrates power quality analysis, it will be easier to avoid any disruptions in energy consumption.

  6. Real-Time Monitoring

    With real-time monitoring, businesses get key information on energy usage within moments that help in detecting areas of improvement in the system.

  7. Customized Reporting

    What might be beneficial for one company cannot meet the needs of another. So, EMS software needs to implement customization options, allowing consumers to set key performance indicators for customized reporting quickly.

  8. Third-Party Integration

    It should also allow businesses to integrate other processes like accounting, energy procurement, and billing systems.

  9. Strategies to Save Energy

    EMS software should also provide analyzed strategies to save energy consumption. For example, demand response, energy storage, and energy conservation.

Who Uses Energy Management Software?

Industrial, Residential, and Commercial consumers individually account for one-third of the total electric usage of a country.

To be more specific, industries like cement manufacturing, metal manufacturing, oil and gas refineries, food and beverage processing, mining processing, petrochemical, utility, etc., uses energy to process, produce, and construct goods.

The commercial industry that uses energy includes public/private organizations, government facilities, and service-providing facilities. At the same time, the residential sector consists of multi-family or single-family residences.

While using the energy management software system for residential consumers is optional, it can be applied to industrial and commercial consumers to attain energy efficiency, energy utilization,  waste reduction, and minimize energy costs.

Challenges with Energy Management Software

Challenges with Energy Management Software

Now that we clearly understand the energy management software and its benefits, we must know the industry's challenges while using it.

Some of the common challenges in the energy management software are as follows:

  • Unnecessary Energy Waste: Wrong settings, faulty systems, and poorly maintained equipment can cause high energy consumption. Besides, obtaining an efficient and reliable energy consumption pattern becomes impossible. And by the time they schedule maintenance checks, a lot of time, capital, and energy will be wasted.

To avoid such scenarios, opting for a customized EMS solution that uses AI and IoT technology is recommended to minimize any chances of manual efforts by gathering and analyzing data beforehand.

  • Inefficient Data Collection Sources: Undoubtedly, energy data make an impactful difference in energy consumption optimization. However, numerous industrial, residential, and commercial buildings use traditional meters and are not even close to collecting and storing reliable energy consumption data. As a result, the data in EMS remains unproductive and redundant, wasting effort and money.

But, it can be overcome by using an IoT-based EMS solution that can collect and integrate data automatically into a centralized location.

How to Buy Energy Management Software?

As a business owner who wants to invest in the best energy management software available in the market, the ride from deciding to buy software to make a purchase is quite jet-lagging as it requires testing features to see if they meet your requirements.

How to Buy Energy Management Software?

To help you out, we have outlined the steps you can follow to buy energy management software.

Step 1: Understand Business Requirements

The most crucial part of buying EMS software is understanding your unique business needs and what you want to achieve. Consider the following questions as a starting point:

  • What do you aim to accomplish in the next financial year?

  • How will the EMS software impact your business?

  • What’s your budget?

After getting answers to these questions, you can easily identify the best energy management software for your business.

Step 2: Create A Must-Have List

Next, you must create a must-have list that includes features and functionalities. You can make this list as long as possible and then cut it down. Here are some questions to consider:

  • Is the solution affordable?

  • What extra features do we need?

  • Will it solve the energy consumption problem?

  • Will it make energy management easier?

Step 3: Compare Software Prices with the Value it offers

A common mistake businesses make while buying EMS software is relating software price with its value. To avoid such a scenario, you should consider whether you are getting what you will pay for, whether investing in the energy management software will help save money in other places, whether this software can make us energy efficient in the long run, etc.

Step 4: Check Online Reviews

Another essential step is to check the reviews others have left after using EMS software. Platforms like SoftwareSuggest G2 offer verified reviews for nearly every software you can think of. You can easily browse by category even if you don’t know what software solution you should look for.

Step 5: Create a List for Sorting

Previously you had created a must-have list, then found solutions with those features and even been through their online reviews. So, it’s time to create a new and refined list of the Energy Management Software that best suits your needs.

Step 6: Take Trials

Once you have sort-listed the top EMS software you can go for, it is time to test your options. Any worthy software will allow you to take a trial for a certain period to help you get comfortable with its dashboard and features.

Remember not to feel pressured to choose the solution right away. Instead, take feedback from your colleagues through surveys and make the decision.

Step 7: Buy or Develop Your Top Choice

Finally, you might have found the one that is right for you. All you need to do now is sign the contract and buy the chosen software.

If, in case, there are still some features amiss from the software you had sort-listed and you want to develop a customized solution, you can hire developers with years of experience and expertise to build an energy management system software, share your expectations, get a quote, and get a solution customized for your needs.

Best Energy Management Software Comparison

Now that we know everything about energy management software companies let’s compare some of the best picks to help you choose the one for your business.

1. Autodesk Green Building Studio:

It strengthens engineers and architects to design energy-efficient buildings using building performance analysis and advanced simulation engines integrated into Revit.

Features of Autodesk Insight:

  • Real-time feedback

  • Better building performance

  • Heating and cooling load

  • Daylighting analysis

  • BIM workflow integration

  • Capturing whole building energy

2. ETAP Energy Management:

It is an intelligent EMS solution that minimizes energy consumption, improves reliability, boosts system usage, optimizes energy, and analyzes system performance.

Features of ETAP Energy Management software:

  • Auto control

  • Energy cost assessment

  • Control system simulator

  • Load Sharing

  • Optimize spin reverse

  • Economic dynamic dispatch

  • Maximize voltage security index

  • User-friendly logic and macros

  • Supervisory and advisory control

  • Chains of logic controls and action validations

3. Goby:

It is one of the most intuitive and comprehensive ESG (Environmental, Social, Governance) management platforms that help businesses create, monitor, and communicate ESG initiatives to enhance sustainability.

Features of Goby ESG:

  • Dashboard to track CSR (Corporate Social Responsibility) endeavors

  • Automate ESG and utility data throughout an organization

  • Energy consumption analysis

  • Area of improvement detection

  • Optimize Energy

3. BuildingIQ:

It is an energy and operational intelligence platform created on five pillars: data capture analysis, measurement and verification, advanced modeling, predictive control, and human capital analysis. Any service built on BuildingIQ has an optimized energy savings balance, tenant comfort, and operational efficiency.

Features of BuildingIQ:

  • Consumption visualization

  • Data-driven operations

  • Autonomous, Predictive, and Adaptive Control

  • Scalable

  • Preventive Maintenance Module

  • Work order Escalation

  • Built-in Reporting

  • Quick access to scheduled maintenance tasks.

4. DEXMA Energy Intelligence:

It is a cloud-based energy management platform with data-driven intelligence and other powerful tools to measure, monitor, analyze, and manage energy consumption. With the help of DEXMA, a business can reduce their energy consumption by 30% approx.

Features of DEXMA:

  • Benchmarking and Auditing

  • On-Demand Control

  • Real-time monitoring

  • Verified Savings

  • Cost Allocation

  • Centralized Data

  • Easy Reporting

  • Scalable Processes

  • Consumption optimization

FAQs

Some of the common types of EMS software are FEMS (for industries), BEMS (for buildings), CEMS (for community), HVAC (for Heating, Ventilation, and Air Conditioning), and HEMS (for residential houses).

Three components of energy management software are

  1. Energy Audits
  2. Energy Monitoring
  3. Energy Efficiency

5 tips for an efficient energy management software system consist of

  1. Setting performance goals
  2. Creating an action plan
  3. Implementation of action plans
  4. Progress evaluation
  5. Continuous improvements

Last Updated: January 02, 2024