7 Benefits of Installing Residential Water Meters
Water management and optimization is the need of the hour. Through constant monitoring of wastage and conserving water metering is opening doors to judicious usage of water.
A residential water meter is a device that monitors the amount of water delivered to a house, apartment, or society. Measured either in cubic or gallons, the volume of water flowing is observed in real-time through this device. Residential water meters measure up to 50mm and use positive development meters. These meters serve multiple utilities that include assessment of demand management, prediction of water requirements in different areas, equity in billing, identifying and fixing leakages, and other loopholes, and consumption patterns of customers. The awareness about water conservation and sustainability, research and development in water usage optimization, and non-revenue water monitoring control have surged the demand for the global residential water meters market.
Installing water meters in residential properties comes with several benefits.
- Water Waste Detection: Multiple studies have revealed that about 80% of water is wasted by 20% of the residents. Wastage through leakages and dripping taps add to it. Moreover, structural defects within the resident or at the distribution point often led to paying more than the usage. Numerous countries have listed a significant reduction of 20-40% in wastage due to the installation of water meters. Residents become aware and act accordingly as they are charged based on their actual consumption.
- Incentives to Conserve Water: Conscious water consumption leads to less usage of water which reduces carbon footprints. With metering, a building can earn LEED (Leadership in Energy and Environmental Design) points or earn incentives that eventually bring greater returns on investment. In a way, these incentive-driven measures become the first step towards disciplining water usage.
- Volumetric Pricing: In residential units, where a water meter is installed, the compulsion to share cost across the board is eliminated. Accurate measurements of how much water is used by which part of the resident leaves scope for paying for the water that has been used by the members only.
- Water Conservation: Governments across the world are under pressure to reduce water wastage. For example, the UK government has set a goal of reducing water consumption to 15% by 2050. Water meters help track consumption in real time and identify where conservation is required to be implemented. It also provides a collection of data based on which various necessary steps can be taken.
- Consistent Supply of Water: Installing water meters optimizes the equal pressure flow over time, which minimizes loss during sudden breakage, leaks, and bursts. A disciplined checking of reasons behind water wastage and troubleshooting them makes the residential areas better equipped to guarantee adequacy and equity of distribution and consequently regularity of water supply amongst all households.
- Low Energy Consumption: Optimization of pump usage is one of the main advantages of installing water metering. By understanding how much water is consumed, the authorities can adjust the pumping schedule to meet the needs of the residents. This significantly reduces the frequent use of water pumps and thereby saves a huge amount of electricity.
- Estimating Subsidies: Authorities often subsidize water charges for those who cannot pay for it. Water metering is an efficient way to understand usage and set targets while rolling out subsidies.
The Bottom Line
The new generation is keen to support sustainable choices and look for eco-friendly projects. Installing water meters can be a part of the promoter’s marketing scheme. Measuring water is important, not just for filling and allocating costs of delivery but also for the conscious usage of water. While the earth’s surface consists of 75% water, only 1% can be easily accessed. Water conservation is possible by giving consumers a means to understand and measure and manage their water consumption. Modern technology offers water meters without parts that track waterflow vibrations. Residential properties can install meters that can be accessed remotely through a wired or wireless connection. All it takes is the simple step of ensuring that the buildings are fitted with the right water meters.
For more insightful information and predictions related to the global residential water meters market, reach out to Research Dive analysts, now!
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