FRAM

What FRAM does

Fram Energy, Inc. is a Delaware-incorporated, privately held billing infrastructure company founded in 2023 and headquartered in Brooklyn, New York. The company operates a SaaS platform that automates billing, payments, and revenue collection for distributed energy assets — primarily rooftop solar, battery storage, and power purchase agreements (PPAs) deployed across multifamily rental properties, commercial and industrial sites, and utility-scale projects. The core technical differentiator is a multi-tenant billing engine capable of processing more than 200 variables per invoice (utility tariffs, VNEM credits, interval data, time-of-use pricing, rate escalation, production guarantees) with >99% billed accuracy, supported by a real-time dashboard and Stripe-based payment processing.

The company's central market thesis is the "split incentive" problem in rental housing, where landlords fund solar installations but tenants receive the utility savings. Fram's platform enables transparent cost-sharing arrangements so property owners can capture a return on solar investment while tenants still realize bill reductions. It serves three primary customer segments — solar developers and EPCs (subscription/transaction billing for distributed portfolios), property owners and managers (multifamily solar revenue collection), and tenants (self-serve billing portal) — and is supported by a channel partner program for installers and ecosystem collaborators. Revenue is generated through recurring billing-service fees for developers/property owners plus a 2.1% transaction fee on credit/debit card payments processed via Stripe.

Fram Energy has secured $500,000 in cash plus $75,000 in vouchers through the U.S. Department of Energy's American-Made Solar Prize Round 7 (September 2024) as its primary disclosed funding. It is led by founder and CEO Charlotte Meerstadt, an ex-R&D engineer who built the company during her MBA based on her direct experience as a landlord navigating the split incentive. The company maintains a small team (1–10 employees) and has executed anchor deployments with Trademark Construction (Boulders I, 234 units, Menifee CA), an Oakland multifamily project, and Holu Hou Energy (Kunia Village, Hawaii), while earning features in Forbes, Fast Company, and Propmodo and endorsements from Con Edison, NYC EDC, NREL, and PNNL.

Name

FRAM

Legal name

Fram Energy, Inc.

Website

https://framenergy.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Fram Energy provides automated billing, payment, and revenue-collection infrastructure for distributed energy assets (solar, storage, PPAs), serving solar developers, EPCs, multifamily property owners, and tenants across the United States.

Ownership category

akta.pro rank

Product category

Energy Billing Software

NAICS

Electric Power Transmission, Control, and Distribution (22112), Solar Electric Power Generation (221114)

SIC

Electric Services (4911)

akta.pro primary industry

DER Data Management, Forecasting & Analytics (Solar/Load Forecasts) (EUADALAM)

akta.pro secondary industries

Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA), Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE), Interconnection, Permitting & Grid Services for DERs (EUAMAJAH)

Keywords

• Distributed energy billing
• Multifamily solar software
• Solar PPA billing
• Decentralized energy finance
• Tenant solar allocation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Billing Services for Property Owners: Fram provides billing infrastructure to property owners with solar installations, collecting payments from tenants and managing revenue collection. Revenue comes from transaction fees on payments processed.
2. Billing Services for Solar Developers: Platform automates billing and revenue collection for solar developers and EPCs managing distributed energy projects. Developers pay for automated billing services to eliminate manual workflows.
3. Credit/Debit Card Processing Fee: Additional 2.1% fee added to all credit and debit card payments as a transaction fee.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

FRAM Energy provides a SaaS billing infrastructure platform that automates billing, payments, and revenue collection for distributed energy assets including rooftop solar, battery storage, power purchase agreements (PPAs), virtual net energy metering (VNEM), community solar, and multi-tenant installations. The platform serves solar developers, EPCs, and multifamily property owners with white-labeled tenant-facing invoices, real-time dashboards, utility-tariff-aware rate calculations, and payment processing, enabling landlords and tenants to share the value of on-site solar.

Product overview

Fram Energy offers a unified billing infrastructure platform for the decentralized energy economy. The core product is the Fram Energy Billing Platform, which provides automated billing, payments, and revenue collection for distributed energy assets across solar, storage, PPAs, and emerging energy models. The platform serves multiple segments including multifamily solar, commercial & industrial PPAs, utility-scale PPAs, community solar, and energy storage. Key features include the Fram Energy Dashboard for real-time monitoring, Multi-Tenant Solar Billing with >99% accuracy, C&I PPA Billing handling rate escalation and production guarantees, and Text Message Billing for tenant notifications. The platform handles more than 200 billing variables per transaction and integrates with Stripe for payment processing.

Differentiator

Problem solved

Functional benefit

Products and services

• Fram Energy Billing Platform Cloud-based billing infrastructure platform that automates billing, payments, and revenue collection for distributed energy assets (solar, storage, PPAs, VNEM, community solar). Handles 200+ variables per bill, integrates with utility data and Stripe, and serves solar developers, EPCs, and property owners.
• Multifamily Solar Billing Automated billing, tenant-facing invoices, and revenue collection solution that makes on-site solar scalable across large multifamily residential portfolios and addresses the split incentive problem.
• C&I PPA Billing Billing and revenue workflow product for complex commercial and industrial power purchase agreements, handling rate escalation, production guarantees, and time-of-use pricing with API-accessible interval data.
• Utility-Scale PPA Billing Scalable billing infrastructure for high-volume utility-scale PPA contracts with custom pricing structures and institutional-grade reporting.
• Energy Storage Billing Billing product supporting storage monetization models, performance-based billing, and evolving market mechanisms including grid services, rate arbitrage, and peak load shaving.
• Fram Energy Dashboard Single web-based dashboard for monitoring contracts, compliance, and cash flow across all projects, showing every payment status in real time and enabling delay spotting and cash flow forecasting.

Quantifiable outcome

• 23.2% ROI for property owners in Oakland, CA project
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Holu Hou EnergycoreStrategic or Co-development Partner · 25 March 2026Partnership to deploy behind-the-meter energy sharing systems at multifamily communities in Hawaii. Holu Hou handles solar/battery systems while Fram manages the entire billing and payments layer including tenant enrollment, monthly invoicing, payment processing, and customer support. First deployment at Kunia Village on Oʻahu with 286 kW solar and 600 kWh battery storage.
• Trademark Construction Inc.coreStrategic or Co-development Partner · 27 August 2025Partnership to deliver renewable energy and advanced billing solutions for multifamily properties. Fram provides end-to-end billing platform for Trademark's solar installations, enabling compliant revenue generation from on-site energy while delivering transparent tenant experience. Project at Boulders I in Menifee, CA with 496 kW rooftop solar and 74 EV chargers.
• U.S. Department of EnergycoreOthersSupported by the U.S. Department of Energy as evidenced by DOE American-Made Solar Prize win and logo display on website.
• National Renewable Energy LaboratoryminorOthersListed as a supporter of Fram Energy, indicating potential research or technical collaboration.
• Pacific Northwest National LaboratoryminorOthersListed as a supporter of Fram Energy, indicating potential research or technical collaboration.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• OpenSolar: OpenSolar offers free, open-source solar design, sales, and project management software to installers and developers worldwide. Its solar CRM, proposal, and billing-adjacent workflows overlap with Fram's developer-facing tools, particularly for residential and small commercial projects.
• Aurora Solar: Aurora Solar provides cloud-based solar design, sales, and project management software used by residential and commercial solar installers and developers. It is the largest SaaS platform serving U.S. distributed solar developers, making it the closest direct competitor to Fram in software for the same end customers.
• Stem (Stem Inc.): Stem operates an AI-driven clean energy platform combining smart energy storage with software that optimizes and bills energy services, including VPP participation and storage monetization. It competes with Fram in distributed energy financial operations and storage billing.
• EnergyToolbase: EnergyToolbase is a software platform for designing, proposing, and monitoring solar and storage projects, with billing and financial modeling features used by developers and EPCs. It competes with Fram on developer-facing billing and PPA modeling for distributed energy assets.
• AlsoEnergy: AlsoEnergy provides asset management, monitoring, and revenue-grade billing for solar, storage, and wind portfolios, especially commercial and utility-scale projects. Its financial operations and PPA billing capabilities directly overlap with Fram's C&I and utility-scale PPA billing modules.

Broad incumbents

• Arcadia: Arcadia operates a clean energy data platform that connects utilities, developers, and end customers, including community solar billing and revenue management. It overlaps with Fram in community solar billing and energy data infrastructure.
• Uplight: Uplight provides energy customer engagement, utility billing, and DER management software to utilities and energy retailers. It is comparable to Fram as a broader incumbent operating in DER billing and customer energy engagement.

Emerging players

• kWh Analytics: kWh Analytics provides data and analytics for solar asset performance, risk, and insurance, and increasingly builds financial infrastructure for solar portfolios. It is comparable to Fram as a data-driven layer on top of distributed solar revenue.
• Leap: Leap is a software platform for residential solar and storage installers covering sales, financing, and operations workflows. It is comparable to Fram as a developer-facing SaaS in residential and emerging home energy markets.
• GridBeyond: GridBeyond is a virtual power plant and DER orchestration platform that monetizes distributed energy assets through grid services and dynamic billing. It is comparable to Fram for storage and behind-the-meter monetization use cases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fram-energy/posts/?feedView=all

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds4 records

Investors6 records

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 FRAM