Summary
SWIIM is unlocking a new $150 billion market for water rights and conservation with a hardware/software system co-developed with the USDA. SWIIM gives farmers the ability to monetize their land’s water rights, much like how individuals can sell their surplus solar power back to the electricity grid. Currently the only way for a farmer to lease their water rights is to take land out of production. SWIIM overcomes this restriction with a complete hydrological accounting of every drop of water on and off a field, satisfying the legal requirements which allow farmers to lease their surplus water rights. In doing so, farmers will not only make more efficient use of their water, but with SWIIM, a typical farmer can expect to earn an additional revenue stream averaging $250/acre.