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).