In a nutshell
FRAM is pioneering a financial incentive model that rewards property owners for the retrofit of rental homes, making it financially rewarding to invest in building decarbonization.
DIF II
U.S.
40.7128° N, 74.0060° W
(7) Affordable and Clean Energy, (13) Climate Action
n/a
KPI's
*To be measured
Number of buildings implementing the retrofit model
Number of CO2 emissions avoided
% of energy use reduction
US$ energy savings for tenants and real estate owners
Positive Notes
In 2024, Fram Energy closed its first project in California, won $600k from the DOE’s Solar Prize, and secured a $75k voucher to work with Pacific Northwest National Lab on multifamily load modeling. It was also one of six startups selected for Metaprop’s proptech accelerator at Columbia University.
A key challenge is the reliance on government incentives for retrofits. Political shifts could undermine long-term financial viability, making it essential to ensure building decarbonization remains attractive beyond subsidies.