Research on phase change materials (PCM) as a potential technology to reduce peak loads and heating, ventilation and air conditioning (HVAC) energy use in buildings has been conducted for several decades, resulting in a great deal of literature on PCM properties, temperature, and peak reduction potential. However, there are few building energy simulation programs that include PCM modeling features, and very few of these have been validated. Additionally, there is no previous research that indicates the level of accuracy when modeling PCMs from a building energy simulation perspective. This study analyzes the effects a nonlinear enthalpy profile has on thermal performance and expected energy benefits for PCM-enhanced insulation. The impact of accurately modeling realistic, nonlinear enthalpy profiles for PCMs versus simpler profiles is analyzed based on peak load reduction and energy savings using the conduction finite difference (CondFD) algorithm in EnergyPlus. The PCM and CondFD models used in this study have been previously validated after intensive verification and validation done at the National Renewable Energy Laboratory. Overall, the results of this study show annual energy savings are not very sensitive to the linearization of enthalpy curve. However, hourly analysis shows that if simpler linear profiles are used, users should try to specify a melting range covering roughly 80% of the latent heat; otherwise, hourly results can differ by up to 20%.