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Energy · head to head

EnergyCAP vs Novity

EnergyCAP logo

EnergyCAP

Energy

Utility bill and energy management software

From
$1000/month
Rated
-
Full reviewWebsite
Novity logo

Novity

Energy

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

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: EnergyCAP priced per meter per year, so cost scales with how many utility connection points exist rather than with users or sites; 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: EnergyCAP covers Utility bill management, Novity covers TruPrognostics engine.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which EnergyCAP and Novity actually diverge.

Attributes where EnergyCAP and Novity differ
AttributeEnergyCAPNovity
Starting price$1000/monthOn request
Pricing modelsubscriptionquote
PlatformsWeb, ApiWeb, Cloud
Founded1980Unknown

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 EnergyCAP

  • Utility bill management
  • Energy accounting
  • Cost allocation
  • Sustainability reporting
  • Weather normalization
  • Rate analysis
  • Budgeting
  • Benchmarking

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.

EnergyCAP

  • Tracking utility bills and energy consumption across a property portfolionot Novity
  • Reporting on energy spend and emissions for an organisationnot Novity

Novity

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

Where each one falls short

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

EnergyCAP

  • Priced per meter per year, so cost scales with how many utility connection points exist rather than with users or sites
  • No figure is published at any level, and every package is quoted by sales
  • Emissions, interval data, bill capture and bill pay are separately priced add ons rather than part of the core platform

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

EnergyCAP

$1000/month
  • Essential$1000/month
    • Utility bill management
    • Energy tracking
    • Basic reporting
  • Professional$2500/month
    • Advanced analytics
    • Sustainability reporting
    • Budgeting tools
  • Enterprise$undefined/month
    • Unlimited users
    • Custom integrations
    • API access

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 EnergyCAP if

  • You need utility bill management.
  • You work on Web, Api.
  • You also want energy accounting.
EnergyCAP review

Choose Novity if

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

Questions people ask

Is EnergyCAP or Novity better?
Neither clearly leads. EnergyCAP starts at $1000/month and Novity at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, EnergyCAP or Novity?
EnergyCAP starts at $1000/month and Novity at On request.
Does EnergyCAP or Novity run on more platforms?
EnergyCAP runs on Web, Api. Novity runs on Web, Cloud.
What is EnergyCAP best used for?
EnergyCAP is most often used for tracking utility bills and energy consumption across a property portfolio, reporting on energy spend and emissions for an organisation. Of those, tracking utility bills and energy consumption across a property portfolio and reporting on energy spend and emissions for an organisation are not what Novity is typically brought in for.
What can EnergyCAP do that Novity cannot?
EnergyCAP covers Utility bill management, Energy accounting, Cost allocation, Sustainability reporting. Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life.

Answered from the vendors’ own pages

EnergyCAP: What is EnergyCAP's pricing model?

EnergyCAP pricing is based per meter per year. The company allows customers to customize their package by adding premium features such as emissions tracking, interval data analytics, finance modules, bill capture, and bill pay services based on business needs.

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.

EnergyCAP: How much does EnergyCAP cost?

EnergyCAP does not publish specific pricing amounts. Customers must contact sales for a customized quote based on their meter count and selected features.

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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