Gravity Unlocks Cost Savings with New Energy Management Features

Now more than ever, the business case for energy management is obvious.

Electricity prices in the U.S. increased more than twice as fast as inflation over the last year. The rise of artificial intelligence will likely continue the trend, with data center energy use expected to double by 2030. Despite rising energy costs and consumption, however, many companies continue to prioritize carbon offsets over decarbonizing their own footprint to meet net zero goals. This approach results in $2 trillion in inefficient energy spend every year, and has attracted criticism on the quality of carbon credits. Less than half of net zero goals meet scientific standards, per a recent EY report.

Energy management addresses these challenges by reducing both energy costs and emissions. 25% of global emissions can be abated with positive ROI today, according to Bain & Company, including through energy projects like equipment upgrades, demand response, and solar and battery storage, among others.

But tens of thousands of recommended energy projects gather dust in email inboxes every year. Why? Teams lack the time and tools to qualify the most impactful projects, find financing and implementation partners, and manage existing projects. 

Today, Gravity is releasing new features to help companies qualify energy projects quickly, prioritize the most cost-efficient opportunities, and execute projects with our network of trusted vendors. This launch accelerates the growth of Gravity’s Energy Management Marketplace, which has already generated over $18 million in customer savings.

Qualify Projects with Automations and Expertise

Over 35,000 energy assessments are completed each year, but companies can’t act on the findings without significant effort. For each recommended project, teams have to manually calculate payback periods, find a strong implementation partner with local presence, and sometimes secure financing to meet CapEx requirements. Nearly 70% of recommended projects are not implemented due to these barriers.

Gravity’s new AI project extraction feature helps teams quickly summarize and enhance recommendations from energy assessments (e.g., ASHRAE Level 2). Users upload assessments to Gravity, which uses generative AI to pull project descriptions, expected costs, and savings forecasts. Gravity automatically calculates payback periods, marginal abatement costs, and emissions reduction based on data in the platform, allowing users to directly compare savings and decarbonization potential. Users can also add energy projects directly from investment-grade proposals or vendor quotes, without an assessment.

Gravity then runs each project through automated qualification, drawing on existing data including utility bills, site addresses and square footage, and local electricity rates to make recommendations. Gravity’s in-house energy management team reviews each project to validate the opportunity and finally helps to match customers with implementation, incentive, and financing partners through the Energy Management Marketplace.

Prioritize Projects with Cash Flow and Emissions Forecasts

Operations, facilities, and energy teams often face a laundry list of potential energy projects and only prioritize opportunities with the highest potential. When making decisions or introducing a new project to executives, teams need a clear understanding of cash flow, net profitability, and expected contribution toward sustainability goals.

Gravity captures and visualizes essential financial data for each project including upfront costs, annual savings, and cumulative cash flow, allowing users to select projects with the shortest payback periods or highest net profitability. Projects also natively integrate with emissions reduction plans in the platform so users can model the impact of projects on net zero goals, including comparison to 1.5°C and 2.0°C by 2050 warming targets. All projects are plotted on a Marginal Abatement Cost Curve (MACC) to compare cost per ton of CO2e reduced.

Execute with Built-in Project Management

Energy project progress and outcomes are often tracked in dozens of spreadsheets, emails, and vendor reports across as many sites. These manual processes make it challenging for teams to stay up-to-date on shifting timelines, realized cost savings, or emissions reduced, which complicates project management and reporting.

Gravity allows users to track changes in key project metrics from discovery and proposal through implementation and completion. Users can update expected project costs, cost savings, cash flow, payback periods, and emissions reductions throughout a project’s lifecycle, as well as attach proposals and updates to track progress over time.

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