Abraxas Energy Consulting

What Abraxas Energy Consulting does

Abraxas Energy Consulting, LLC is a US-based energy efficiency consulting and software firm founded in October 2001 in San Luis Obispo, California, and operating as a member of The Hillmann Family of Companies. The firm delivers ASHRAE Level 1-3 commercial energy audits, retro-commissioning, measurement and verification (M&V) under IPMVP/FEMP guidelines, ENERGY STAR certification, LEED support, water audits, and energy ordinance compliance services to ESCOs, federal agencies, healthcare, education, retail, hospitality, and data center customers across the United States, with software adoption in Canada and Australia. Its core technology products are the Metrix Utility Accounting System (Metrix4) for utility bill tracking, weather normalization regression analysis, rate analysis, budgeting, forecasting, and emissions tracking, and the Option C Measurement & Verification System, which implements whole-building Option C M&V methodology for performance contracts. The firm complements these with a Weather Data Center, Metrix Modeled Rates, an Energy Toolbox of free engineering calculators, and technical support/training services.

The firm monetizes through three primary streams: (1) one-time/perpetual software licenses for Metrix and Option C priced roughly $8,000-$90,000 depending on capacity; (2) quote-based professional services for audits, retro-commissioning, and M&V, plus recurring software training and technical support subscriptions; and (3) transactional weather data sales. Go-to-market is enterprise field sales by engineering consultants located in six US states, supported by direct website sales with 30-day free trials, an authorized-provider relationship with CenterPoint Energy for Houston retro-commissioning, and cross-sell through the Hillmann Family of Companies. The company audits more than 200 buildings and 10 million square feet annually, has logged over 30 million square feet of audits across five years, and has identified more than $11 million in customer savings through retro-commissioning.

Name

Abraxas Energy Consulting

Legal name

Abraxas Energy Consulting, LLC

Website

https://abraxasenergy.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Abraxas Energy Consulting provides energy audits, retro-commissioning, and measurement and verification services to ESCOs, federal agencies, and commercial building owners, complemented by Metrix and Option C M&V software used by essentially all major US ESCOs.

Ownership category

akta.pro rank

Product category

Energy Efficiency Consulting & Measurement and Verification Software

NAICS

Engineering Services (541330), Custom Computer Programming Services (541511), Other Scientific and Technical Consulting Services (54169)

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)

akta.pro primary industry

Energy Systems & Power Engineering Consulting (BPAHAIAG)

akta.pro secondary industries

ESG Data Platforms, Controls & Audit Readiness (Data quality, internal controls) (EUAHAJAN), Scope 1–3 GHG Inventory Strategy, Data Governance & Controls (advisory) (EUABAKAD)

Keywords

• Energy consulting services
• Measurement and verification
• Utility bill tracking
• Building energy audits
• Retro-commissioning services

Headquarters

HQ city

San Luis Obispo

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Energy Consulting Services: Professional energy auditing, retro-commissioning, measurement and verification services for commercial buildings, federal facilities, and ESCOs. Services include commercial energy audits, ASHRAE compliance audits (Levels 1-3), retro-commissioning, and utility bill auditing.
2. Software Licensing (Metrix & Option C): Sale and licensing of utility bill tracking software products. Metrix and Option C are used by nearly all large ESCOs in the US. Pricing ranges from $8,000 to $90,000 for utility bill tracking programs.
3. Software Training & Technical Support: Training seminars and technical support services for software users. Technical support available via [email protected].
4. Weather Data Products: Sale of weather data for energy analysis purposes through their weather data center and store.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Abraxas Energy Consulting provides vendor-neutral energy efficiency consulting and proprietary measurement & verification (M&V) software for commercial buildings, federal facilities, and Energy Service Companies (ESCOs). Core services include ASHRAE Level 1-3 commercial energy audits, retro-commissioning, LEED and ENERGY STAR certification support, and utility bill auditing. Core software products are the Metrix Utility Accounting System and the Option C M&V System, used by virtually all major ESCOs in the United States for weather-normalized whole-building energy savings analysis.

Product overview

Abraxas Energy Consulting offers a portfolio of energy analysis software products centered around utility bill tracking and measurement & verification (M&V). The core offerings are Metrix (desktop utility accounting software for ESCOs and energy managers) and Option C (M&V software for performance contracts). These are complemented by weather data services for normalization analysis and a suite of free online engineering calculators including emissions calculations, unit conversions, HVAC efficiency conversions, and M&V sample size calculations. The company also provides energy consulting services including commercial energy audits, retro-commissioning, and LEED certification support.

Differentiator

Problem solved

Functional benefit

Brands

• Option C Measurement & Verification System: Industry-leading M&V software for ESCOs and energy managers to track energy savings.
• Metrix Utility Accounting System
• Metrix4

Products and services

• Metrix Utility Accounting System (Metrix4) Desktop utility bill tracking and weather normalization software used by nearly all major ESCOs in the United States (and many in Canada and Australia) to track energy usage and costs, perform weather normalization, benchmarking, budgeting, forecasting, rate analysis, and emissions tracking for energy efficiency projects.
• Option C Measurement & Verification System Measurement and verification software that implements the Option C (whole-building utility bill analysis) methodology from IPMVP for tracking energy savings from performance contracts and energy efficiency projects, used by ESCOs and energy managers.
• Weather Data Services Sale of historical weather data used for weather normalization of utility bills and energy analysis, distributed through the firm's weather data center and store.
• Commercial Energy Audits Comprehensive ASHRAE Level 1, 2, and 3 investment-grade energy audits for commercial buildings, federal facilities, and ESCO clients, with savings typically up to 40% on energy costs.
• Retro-Commissioning Services Retro-commissioning of existing HVAC, lighting, and building control systems to identify operational improvements, typically reducing energy use by 8-20% with most payback periods under 2 years.
• Measurement and Verification (M&V) Services IPMVP-compliant measurement and verification services for ESCOs, federal agencies, and commercial clients, supporting performance contracts and energy efficiency project reporting.
• Energy Consulting Services for ESCOs Dedicated energy consulting services tailored to Energy Service Companies for performance contract support, M&V, and audit delivery.
• LEED Certification Support Consulting support to help commercial, healthcare, and federal clients achieve LEED certification for buildings.
• ENERGY STAR Certification Services ENERGY STAR benchmarking and certification services for buildings, with over 200 ENERGY STAR audits completed in 25+ states; Abraxas is an official EPA ENERGY STAR partner.
• Utility Bill Auditing Services Audit and review of utility bills to identify billing errors, optimize rate structures, and reduce energy spend for commercial and federal customers.
• Water Auditing Services Water use auditing and conservation consulting for commercial, federal, and institutional facilities.
• Energy Ordinance Compliance Compliance support for local energy benchmarking and energy ordinance requirements (e.g., city-level building energy disclosure ordinances).
• Fannie Mae and Freddie Mac Green Financing Services Energy audit and consulting services that support Fannie Mae and Freddie Mac green financing programs for multifamily and commercial properties.
• Compliance Reporting Preparation and submission of energy and emissions compliance reports for federal, state, and local regulatory programs.
• Federal Government Energy Services Energy audits, retro-commissioning, and M&V services tailored to federal agencies, military bases, and government facilities, including projects for FBI Headquarters, Naval Hospital Guantanamo Bay, Pearl Harbor, and Naval Bureau of Medicine.
• Metrix Software Training Training seminars and courses for Metrix Utility Accounting System users, available as a paid offering through the company store.

Quantifiable outcome

• Up to 40% savings on energy costs through energy audits
• +5 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and major.

• The Hillmann Family of CompaniescoreStrategic or Co-development PartnerAbraxas Energy Consulting is a member of The Hillmann Family of Companies, a parent organization that provides strategic alignment and potentially additional service capabilities across affiliated consulting companies.
• CenterPoint EnergycoreGTM or Marketing PartnerAbraxas is an authorized provider for CenterPoint Energy's retro-commissioning program in Houston. CenterPoint funds the service through its public purpose fee, and Abraxas delivers the energy savings assessments to eligible commercial customers.
• U.S. Environmental Protection Agency (ENERGY STAR)coreStrategic or Co-development PartnerAbraxas Energy Consulting is an official ENERGY STAR partner, enabling them to perform ENERGY STAR certifications for buildings. They have completed over 200 ENERGY STAR audits in 25+ states.
• Nation-wide ESCO (unnamed)majorStrategic or Co-development PartnerWorked as subcontractor to a nation-wide ESCO for investment-grade energy audits of common area HVAC equipment in 12 malls across Texas, Louisiana, and Washington. Identified over 40 million kWh of annual energy savings.
• Sempra Energy SolutionsmajorImplementation/ SI/ Consulting PartnerWorked as subcontractor to Sempra Energy Solutions to collect detailed end use data for 80+ restaurants in Northern California for Standard Performance Contract opportunity.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Ameresco: Large ESCO delivering energy performance contracts and efficiency projects; both a comparable and an example of the ESCO customer base Abraxas software serves.
• DNV: Energy advisory and consulting organization providing M&V and efficiency program evaluation, overlapping with Abraxas's consulting and verification work.
• Schneider Electric: Global energy management provider whose EcoStruxure building analytics and efficiency services overlap with Abraxas's energy tracking and audit offerings.
• Johnson Controls: Building systems and performance-contracting giant offering M&V and energy services broadly, overlapping with Abraxas's niche as part of a much wider portfolio.

Emerging players

• WegoWise: Utility bill data and building energy benchmarking platform, comparable to Abraxas's utility bill tracking and analysis capabilities.
• Lucid Design Group: Building energy analytics and benchmarking software company overlapping with Abraxas's utility data tracking, though more SaaS/cloud focused.

Direct peers

• EnergyCAP: Provider of utility bill tracking and energy management software for enterprises and government, directly overlapping with Abraxas's Metrix utility accounting product.
• kW Engineering: Energy efficiency engineering consultancy offering audits, retro-commissioning, and M&V tools, mirroring Abraxas's core consulting and measurement-and-verification services.
• Willdan Group: Energy efficiency engineering and consulting firm serving utilities, government, and commercial clients, competing directly in energy audits and program services.

Regional players

• Resource Innovations: Energy efficiency program consultancy (formerly Nexant's utility business) delivering audits and M&V for utility programs, comparable in service scope.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AbraxasEnergy
• LinkedInlinkedin.com/company/abraxas-energy-consulting

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Abraxas Energy Consulting