AUSTIN, Texas, March 7, 2014 /PRNewswire-iReach/ -- Noesis Energy, the fastest-growing financing and savings platform for energy efficiency projects, has launched the latest version of Noesis Pro, its suite of energy efficiency software tools for energy professionals. Noesis Pro V2.0 is designed for commercial and industrial efficiency project developers (consultants, design/build firms, manufacturers, and distributors), specifically those with regional or national sales teams who propose and sell midmarket efficiency projects, typically between $50,000 and $2mm in size.
This latest version of Noesis Pro aims to dramatically reduce the time it takes to identify and qualify opportunities before project developers go on-site for time-intensive and costly "free audits." With the Project Savings Estimator and Finance Estimator, Noesis Pro users can quickly assess a building owner's level of interest in a project by providing one-page estimates on potential project savings and cash flow analysis using third-party financing.
Also released with this latest version is the online Efficiency Business Proposal, which provides an online collaborative platform for proposing and discussing efficiency projects. This speeds up the proposal process by eliminating much of the back-and-forth and waiting that is typical during most project proposal processes.
"We believe the current selling process is broken: project developers spend too much time selling and not enough time doing efficiency projects," said Josh Duncan, VP of product management at Noesis Energy. "Noesis Pro gives them the tools and the process to quickly identify and win more projects, and minimize the time wasted doing audits and other legwork, which too often goes unrewarded."
Already, Noesis Pro is proving invaluable for energy professionals eager to shorten the "path to the green light" for their efficiency projects. Energime Energy Efficiency is an energy efficiency solutions provider for facility owners looking to lower their operating costs and create a more sustainable business model. "We are using Noesis's platform of energy efficiency project tools, along with finance support, on several current initiatives. Noesis is helping us to accelerate our sales cycles and increase the efficiency of our proposal process, resulting in us winning more projects," said Svetozar Milter, director of Energime Energy Efficiency.
"TraneOregon Energy Services has been performing energy studies and benchmarking services for our customers for years now. But with Noesis, we can significantly streamline our qualifying and benchmarking process to help identify a much larger pool of energy improvement opportunities. The Noesis interface also presents a clear verification of the savings that were predicted for the projects and services that were provided," said Pete Kramer, director of energy services.
Noesis Pro Capabilities
Noesis Pro consists of SaaS-based tools that help with estimating, proposing and measuring efficiency projects. All tools use industry standards, such as ASHRAE and IPMVP, to perform the energy efficiency analysis, and include the comprehensive financial modeling and scenario analysis that is required by CFOs and building owners to make quick, informed investment decisions.
- Prospecting (identifying new opportunities) – Today, most project developers spend too much time on upfront work and do not reach the ultimate decision maker (for example, the CFO) fast enough. Project developers start with a time-consuming audit that results in detailed recommendations that are often not approved or seriously considered by decision makers. Noesis Pro introduces the Project Savings Estimator, an online tool that uses the Noesis collection of public and proprietary building and efficiency databases, as well as input from the project developer, to instantly generate accurate savings estimates for specific efficiency measures. These estimates can be shared with the decision maker, early in the process, before moving forward with a costly and time-consuming audit.
- Evaluating (analyzing opportunities) – This time-consuming phase of the selling process requires hours of spreadsheet analysis and going back and forth with the client. Also, the analyses—typically done in Excel—lack the look and feel of a credible, independent analysis, which is essential when asking CFOs to make material cap-ex investments. To help with this phase, Noesis Pro now includes upgraded Project Analysis and Forecasting tools to automate energy analysis and instantly create compelling, interactive charts and graphs, and enable online collaboration to facilitate communication and sharing of documents amongst stakeholders, and the Project Financing Estimator to generate cash-flow analysis for various third-party financing options to overcome budget constraints
- Proposing (presenting opportunities) – Developing proposals is both time-consuming and frustrating for the project developer. It takes a lot of time to assemble the final deliverable, which is often revised many times as changes trickle in. This process is further complicated by the tendency of decision makers to take their time, leaving the project developer to sit and wait for days, months, or even longer. Noesis Pro now offers the Efficiency Business Proposal, a web-based project proposal that incorporates and summarizes all financial and energy analysis, and presents it in a format and language that financial decision makers understand. It also gives decision makers access to the 'knobs and dials' to perform scenario analysis, so they can find the optimal project mix and financing for them.
- Measuring (verifying opportunities) – This phase is often a missed opportunity for project developers to upsell new business and use past project successes to win new accounts. Noesis Pro offers a complete set of industry-standard Measurement and Verification Tools to measure the savings from past projects. In addition, projects measured on the platform can be turned into Noesis Verified Case Studies, which are independent validations of past project successes.
ABOUT NOESIS ENERGY
Noesis Energy helps efficiency professionals get more projects approved and implemented by providing turnkey financing services and SaaS-based software tools to accelerate and streamline their efficiency project analysis and proposals. Noesis Energy is backed by Black Coral Capital and Austin Ventures, and maintains offices in Austin, Texas and Cambridge, Ontario, Canada. For more information, visit www.noesisenergy.com and follow @noesisenergy. Learn how the Noesis Energy platform works here. Use our site to find incentives at incentives.noesisenergy.com.
Media Contact: Tim Cox, Noesis Energy, 650-369-7784, firstname.lastname@example.org
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SOURCE Noesis Energy