Tag Archives: multifamily water conservation

Water Rates Poised to Rise Further as Utility Debt Grows

Water rates, which for some U.S. customers have more than doubled since 2000, are probably going to increase in the short term as companies struggle with rising debt and the need to spend on infrastructure, according to a Columbia University report.

Utility debt increased on average 33 percent from 2000 to 2010, while water rates rose 23 percent, a report by Columbia’s Water Center concluded. For a third of the more than 1,000 utilities surveyed by the American Water Works Association, debt and rates gained more than 100 percent in the time period.

“The problem of escalating debt and rising rates is not a problem limited to a handful of poorly managed utilities, but includes many well-run utilities,” Ed Pinero, head of sustainability for North America at Veolia Environnement SA (VIE), said in a statement today. “Many of today’s water managers are operating in an old framework that needs to be re-examined for the 21st century.”

Water infrastructure in the U.S. needs at least $1 trillion in investment to repair and replace systems, according to a report released in March by the American Society of Civil Engineers. The group gave U.S water infrastructure a barely passing D grade, citing almost 240,000 water main breaks annually and an average reservoir age of 52 years.

The report suggests companies should improve operational efficiency, focus on environmentally sustainable water sources and explore alternative rate structures.

Veolia Environnement, Europe’s largest water company, is one of several companies and organizations that fund the Water Center.

By Peter Ward – October 14, 2013

Bloomberg

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Leak Detection

Detecting leaks isn’t always as easy as identifying a leaky faucet. Silent leaks that occur in toilets, hot water heaters, walls and floors are the most devastating and costly to a property. Most properties don’t know these leaks are occurring until they receive a substantial water bill and either have to absorb the expense or pass back to the residents.

Utilizing LeakDetect™ technology, the Minol team can help identify costly leaks in apartment homes before they impact your bottom line.

· Real time leak detection for properties submetered for water.

· Detect leaks in both occupied and vacant units.

· Avoid disputing large resident bills and losing revenue through courtesy credits.

· Receive daily, automatically generated emails with leak detection alarms to designated recipients at your property.

· Applicable for all Inovonics Wireless Based Systems.

For more information about Leak Detection, please contact:

Marie Harvey – Sales Analyst

salesteam@minolusa.com

888-766-1253 ext. 138