Financing
NY Incentives/Financing Resources
While the platform does not align with direct incentives, DaisyChain’s project finance offering readily layers incentives and rebates for the direct benefit of the property owner, including but not limited to AMEEP, NYCleanHeat, NY-SUN, Solar Investment Tax Credit (ITC), NYC Solar Electric Generating Systems Tax Abatement, and Charge Ready NY 2.0.
Payback Period
30 months
Upfront Costs
For a typical submetering project, upfront costs are $500 - 700/unit. Because of the savings/cashflows generated from submetering, the payback is usually quick — 2 to 4 years. DaisyChain can provide upfront financing through a self-amoritizing loan.
Ongoing Costs
Ongoing costs are the licensing fees to DaisyChain for access to the platform, which are typically ~20% of the revenue generated by DaisyChain for the building. Maintenance costs for meters is low (maximum of hundreds of dollars per year).