Encentiv Energy

Encentiv Energy, headquartered in Pittsburgh, Pennsylvania, operates as a software and data solutions provider with a clear focus on the energy efficiency sector. The company was founded in 2009 by Stephen Moritz, who currently serves as President and CEO. Formerly known as AllFacilities Energy Group, the company rebranded in 2013 to better reflect its core business.

Stephen Moritz's career, spanning over three decades in the energy industry, is rooted in navigating the complexities of state and federal energy regulations to foster business growth. Before establishing Encentiv Energy, he held leadership roles where he drove significant top-line growth at Cadence Network and managed sustainability practices at The Plan Consulting Group, experiences that directly informed the creation of a company designed to simplify energy efficiency incentives. The leadership team also includes Mike Cham, a Carnegie Mellon graduate and CTO with over 25 years of SaaS experience, and Steve Bolibruck, VP of Energy Efficiency Programs, who brings 25 years of industry knowledge.

The firm's business model is centered on a Software-as-a-Service (SaaS) subscription to its proprietary Encentivizer™ platform. This platform functions as a comprehensive, constantly updated database of thousands of utility rebate and incentive programs across North America. Revenue is generated by providing this actionable data to a diverse client base that includes LED and HVAC manufacturers, distributors, contractors, energy service companies (ESCOs), commercial property owners, and utility program administrators. By streamlining access to these complex financial incentives, Encentiv Energy enables its clients to accelerate sales, improve profit margins, and increase the adoption rate of energy-saving technologies. The company has successfully raised $6.89M in funding through multiple rounds, with backing from investors such as Birchmere Ventures and BlueTree Allied Angels.

Encentiv Energy's core offering, the Encentivizer platform, digitizes and simplifies the process of finding and applying for rebates on products like LED lighting, HVAC systems, EV chargers, and more. The technology is delivered through various tools, including website widgets and APIs, which allow users to get instant rebate estimates, perform ROI analysis, and manage project data. A key feature is the platform's proprietary database, which is maintained through a combination of automated software that tracks daily program changes and a team of analysts who verify the information. This solves a significant market problem where billions of dollars in available rebates are often unclaimed due to complexity and lack of awareness, thereby helping customers save 30-50% on project costs.

Keywords: energy efficiency rebates, utility incentive programs, SaaS platform, decarbonization technology, commercial building efficiency, HVAC incentives, LED lighting rebates, Encentivizer, Steve Moritz, energy data solutions, rebate management software, electrification incentives, utility program data, energy savings analysis, clean technology, commercial energy solutions, project financing, rebate estimation tool, North American utilities, grid resilience