A new product to streamline tax credit insurance process

kWh Analytics, a climate insurance provider, received $500,000 from InnSure’s Insurance Innovation Prize supported by NYSERDA. The funding will support the development of a tax credit insurance product tailored for small-scale DG renewables projects under 20 MW looking to monetize IRA tax credits. They plan to launch this new product in about a year – a database to streamline the due diligence process for tax credit insurance in NY and nationwide.