MeterNet
MeterNet is a private U.S. utility services company, founded in 1984 and based in Fallbrook, California, that installs, services, and bills sub-metering systems for property owners and managers of multi-tenant buildings.
- Company typePrivate
- Founded1984
- HeadquartersFallbrook, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What MeterNet does
MeterNet is a private, for-profit utility services company headquartered in Fallbrook, California, in continuous operation since 1984. Its core business is sub-metering for multi-tenant properties — the company installs, services, and bills individual sub-meters that measure utility consumption at the unit level, enabling property owners and managers to allocate utility costs to tenants based on actual usage rather than flat fees or rent inclusion. Sub-metering is typically deployed in apartment complexes, condominiums, mobile home parks, and commercial multi-tenant buildings subject to state and local utility allocation rules.
The company's revenue model centers on three integrated lines: (1) installation of sub-metering hardware at customer sites, (2) ongoing servicing and meter reading, and (3) tenant billing — either directly to occupants or on behalf of the property owner. This vertically bundled approach positions MeterNet as a single-vendor utility-billing partner rather than a hardware reseller or standalone billing software vendor. The company operates with a workforce of 11-50 employees, suggesting a regional rather than national footprint, though its recorded operating geography is broadly listed as North America / USA.
No publicly disclosed revenue, customer concentration, pricing structure, partnership portfolio, or management team information is available. The company's website (meternetusa.com) returned only a loader/verification page during data collection, and no funding rounds, M&A activity, regulatory actions, certifications, or product launches were documented in the available record. As a result, this analysis is constrained to firmographic and category-level inference, and any investment due diligence would require first-party outreach to validate customer base, contract structure, and financial performance.
MeterNet firmographics
Firmographics- Name
- MeterNet
- Website
- https://meternetusa.com
- Company type
- Private
- Founded year
- 1984
- Headcount range
- 11–50 employees
- Short description
- MeterNet is a private U.S. utility services company, founded in 1984 and based in Fallbrook, California, that installs, services, and bills sub-metering systems for property owners and managers of multi-tenant buildings.
- Ownership category
- akta.pro rank
MeterNet industry classification
Industry- Product category
- Utility Sub-metering Services
- NAICS
- Water, Sewage and Other Systems (2213), Totalizing Fluid Meter and Counting Device Manufacturing (334514)
- SIC
- Totalizing Fluid Meters & Counting Devices (3824)
- akta.pro primary industry
- Submetering & Multi-Unit Property Billing (MUDs, submeters, RUBS, landlord/tenant billing) (EUANAIAK)
- akta.pro secondary industries
- Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA), Meter Data Management & Analytics (MDM, validation/estimation/editing, usage insights) (EUANAIAB)
Keywords
Where MeterNet is headquartered
LocationHeadquarters
- HQ city
- Fallbrook
- HQ country
- United States
- HQ region
- North America
Markets served
MeterNet business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure
MeterNet product offering
Product offeringCore offering
MeterNet is a utility company that installs sub-meters in multi-unit and multi-tenant properties and provides ongoing sub-metering services and billing. The company handles the deployment of sub-metering equipment and the subsequent allocation and billing of utility consumption to individual tenants or units on behalf of property owners, managers, and homeowner associations.
Differentiator
Problem solved
Functional benefit
Products and services
- Sub-metering installations
- Sub-metering services and billing
Companies that use MeterNet
Customer profileIdeal customer profiles1 record
MeterNet technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MeterNet partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights3 records
MeterNet competitors and assessment
Company assessmentDirect peers
- Minol USA: Direct U.S. competitor in sub-metering installation, service, and tenant billing for multi-unit residential and commercial properties — same core workflow (install + read + bill) and same end customer (property owners/REITs).
- ista USA: Part of the global ista group, ista USA provides sub-metering, energy and water consumption billing, and related services to multi-family and commercial real estate — directly comparable service bundle and customer base to MeterNet.
- Submeter Solutions: U.S. sub-metering specialist focused on multifamily and manufactured-housing communities, offering submeter installation, meter reading, and utility billing — overlapping service offering and customer profile to MeterNet.
- Utility Metering Solutions (UMS): Provides sub-metering equipment installation, AMR/AMI endpoint deployment, and billing services for apartments, condos, and commercial properties — directly comparable in install + service + bill model.
- Wellsource Solutions: Sub-metering and utility-billing provider for multi-unit residential and RV/manufactured-housing communities — comparable end market and recurring billing model to MeterNet.
- H2O Degree: Specializes in submetering and leak-detection for multifamily, student housing, and military housing — directly comparable install + monitoring + billing proposition to MeterNet.
- National Meter & Automation: Provides meter installation, AMR/AMI endpoint deployment, and field services for water and electric utilities and sub-metering providers — comparable field-services arm to MeterNet's installation business.
Broad incumbents
- Itron: Large global provider of smart meters, AMI networking, and meter data management for utilities and sub-metering markets — operates at a much larger scale but overlaps at the metering-hardware and data layer MeterNet touches.
- Badger Meter: Major manufacturer of flow measurement and water-metering products, including endpoints used in sub-metering deployments — supplies the hardware category MeterNet installs.
- American Water Works Company: Large regulated water and wastewater utility that operates extensive metering and billing infrastructure across the U.S. — adjacent in the water-metering value chain though at much larger and more capital-intensive scale than MeterNet.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights4 records
Customer concentration
MeterNet social profiles
Digital presenceMeterNet financial estimates
Financial estimateRevenue estimate
Valuation estimate
MeterNet leadership team
Management profileNumber of profiles
MeterNet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MeterNet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MeterNet
What does MeterNet do?
MeterNet is a utility company that installs sub-meters in multi-unit and multi-tenant properties and provides ongoing sub-metering services and billing. The company handles the deployment of sub-metering equipment and the subsequent allocation and billing of utility consumption to individual tenants or units on behalf of property owners, managers, and homeowner associations.
When was MeterNet founded?
MeterNet was founded in 1984. It employs 11 to 50 people.
Where is MeterNet based?
MeterNet is headquartered in Fallbrook, United States, in the North America region.
Who are MeterNet's main competitors?
Direct peers on record are Minol USA, ista USA, Submeter Solutions, Utility Metering Solutions (UMS), Wellsource Solutions, H2O Degree and National Meter & Automation. Broad incumbents are Itron, Badger Meter and American Water Works Company.
Does MeterNet have an API?
No public API is recorded for MeterNet.
What industry is MeterNet in?
MeterNet's product category is Utility Sub-metering Services. Its primary akta.pro industry code is EUANAIAK, Submetering & Multi-Unit Property Billing (MUDs, submeters, RUBS, landlord/tenant billing), with a secondary code of EUANAIAA, Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance). Its NAICS code is 2213 and its SIC code is 3824.