Softwr

Energy · head to head

ETAP vs Novity

ETAP logo

ETAP

Energy

Electrical power system design and analysis software

From
$5000/year
Rated
-
Novity logo

Novity

Energy

Hybrid physics and machine learning prognostics that estimate remaining useful life for process equipment

From
On request
Rated
-

The short version

  • Each has a real cost: ETAP no pricing is published, and reaching a figure requires completing a multi step quote form; Novity novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.
  • They diverge on capability: ETAP covers Load flow analysis, Novity covers TruPrognostics engine.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which ETAP and Novity actually diverge.

Attributes where ETAP and Novity differ
AttributeETAPNovity
Starting price$5000/yearOn request
Pricing modelsubscriptionquote
PlatformsWindows, ApiWeb, Cloud
Founded1986Unknown

Identical on both: free tier (No), user rating (Not yet rated), category (Energy).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in ETAP

  • Load flow analysis
  • Short circuit analysis
  • Arc flash analysis
  • Protective device coordination
  • Harmonics analysis
  • Transient stability
  • Cable sizing
  • Panel schedule design

Only in Novity

  • TruPrognostics engine
  • Cold-start modelling
  • Fault mode diagnosis
  • Remaining useful life
  • Existing sensor reuse
  • Recommended actions
  • Historian connectors
  • Asset class libraries

What people use each for

The jobs each tool is most often brought in to do.

ETAP

  • Electrical power system modelling, simulation and analysisnot Novity
  • Arc flash, load flow and protection coordination studiesnot Novity

Novity

  • A gas processing plant that needs a defensible time-to-failure number before deferring a turnaroundnot ETAP
  • An LNG terminal with critical compressors and no run-to-failure history to train a conventional modelnot ETAP
  • A wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizonnot ETAP
  • A generator operator supplying data centre load where an unplanned trip carries contractual penaltiesnot ETAP

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

ETAP

  • No pricing is published, and reaching a figure requires completing a multi step quote form
  • Subscription durations offered are 3 years and 5 years, so there is no short commitment option
  • Licences are banded by user count rather than sold individually, in brackets of 1, 5 to 15, 15 to 25, 25 to 50 and over 50
  • National and international network licences are priced separately

Novity

  • Novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.
  • Physics-based models must be configured per equipment class, so each new asset type is an engineering engagement rather than a configuration screen, and rollout speed is limited by Novitys own capacity.
  • Prognostics depend on the quality and sampling rate of your historian data; plants recording ten-minute averages will not get useful remaining-useful-life estimates without new instrumentation.
  • Nothing about pricing is published and there is no self-service entry point, so evaluation always starts with a sales-led pilot on a handful of assets.
  • The deployment footprint is concentrated in oil and gas, LNG and water, so reference customers and pre-built asset models outside those industries are limited.

Pricing, plan by plan

ETAP

$5000/year
  • Standard$5000/year
    • Load flow analysis
    • Short circuit analysis
    • Arc flash analysis
  • Professional$15000/year
    • Advanced analysis
    • Protective device coordination
    • Harmonics analysis
  • Enterprise$undefined/year
    • Real-time monitoring
    • SCADA integration
    • Custom modules

Novity

On request
  • TruPrognostics$undefined/year
    • Quoted per asset class and monitored equipment count
    • Model configuration and commissioning quoted as a project
    • Typically an annual subscription tied to a pilot then a rollout

Which should you pick?

Choose ETAP if

  • You need load flow analysis.
  • You work on Windows, Api.
  • You also want short circuit analysis.

Choose Novity if

  • You need truprognostics engine.
  • You work on Web, Cloud.
  • You also want cold-start modelling.

Questions people ask

Is ETAP or Novity better?
Neither clearly leads. ETAP starts at $5000/year and Novity at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, ETAP or Novity?
ETAP starts at $5000/year and Novity at On request.
Does ETAP or Novity run on more platforms?
ETAP runs on Windows, Api. Novity runs on Web, Cloud.
What is ETAP best used for?
ETAP is most often used for electrical power system modelling, simulation and analysis, arc flash, load flow and protection coordination studies. Of those, electrical power system modelling, simulation and analysis and arc flash, load flow and protection coordination studies are not what Novity is typically brought in for.
What can ETAP do that Novity cannot?
ETAP covers Load flow analysis, Short circuit analysis, Arc flash analysis, Protective device coordination. Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life.

Answered from the vendors’ own pages

ETAP: How is ETAP priced?

ETAP uses subscription-based pricing with tiered bundles (Launch, Grow, Scale) and optional add-ons. Specific prices are not published and require completing a quote request form.

Source
Novity: What does Novity actually output?

A named failure mode and an estimated remaining useful life with a confidence band, not just an anomaly alert.

ETAP: What products does ETAP offer pricing for?

ETAP offers three main product lines with tiered bundles: CANECO (Electrical Design), ETAP (Power Systems Analysis), and SEE Electrical (Electrical Engineering). Each supports 1-50+ users with 3-5 year term options.

Source
Novity: Do we need failure history to train it?

No. The physics component is what lets it produce useful prognostics on equipment with little or no run-to-failure data.

Novity: Do we need new sensors?

Often not. It reads from your existing historian, but low sampling rates or missing measurements can require additional instrumentation.

Novity: Who backs the company?

It was spun out of Xerox PARC and took a strategic investment from Acario Innovation, the venture arm of Tokyo Gas, in 2026.

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