Electric submetering services involve several costs, including installation, equipment, and maintenance. Initial costs include purchasing submeters, wiring, and integration with existing systems. Installation may require professional labor, adding to expenses. Ongoing costs can include software for monitoring and managing data, as well as regular maintenance and calibration of the equipment. Additionally, there may be fees for utility company coordination and data reporting services. It's essential to evaluate these costs against potential savings from energy efficiency improvements and accurate billing to determine overall financial impact.