Ecova announced today a new product that will help companies focus their water efficiency efforts at a time when water costs are on the rise. The new tool analyzes bill data for water consumption and identifies facilities that consume outside of the norm for a company’s building portfolio. As seen in the chart below, water prices have increased nearly 30% in the past four years – a significant trend revealed in our recent whitepaper, “A Big Data Look at Energy Trends: 2008-2012.”
Rising water prices alone drive a need to understand whichfacilities are using more water than your portfolio average and then to investigate why. Once you understand which facilities you should be focused on, by using Ecova’s new Resource Benchmarking Report – Water Analysis tool, we can investigate why those facilities are outliers and recommend water efficiency projects for implementation.
There are a number of no- or low-cost investments companies can make, such as faucet aerators or low-flush toilets, to reduce water consumption. One of our multi-site restaurant clients, Shari’s Café & Pies, projected water savings of nearly $1M through two initiatives, one of which was a simple faucet aerator installation project – at $8 per faucet.
Register for our Water Outlier Investigation webinar today to learn how Ecova can help you identify facilities to focus your water efficiency efforts and recommend the right projects for each facility.