Property Management Company Saves $100,000 With Water Flow Sensor
“AlertAQ provides excellent data about our buildings’ water use. Being able to see real-time data is key to determining water consumption issues within our multi-residential buildings. Monitoring property performance within a single dashboard reduces the amount of time and focus needed to compare different properties.”
<div class="text-center body2">- Joanna Jackson, Building Performance Specialist, Minto Apartments</div>
How Minto Apartments saved more than $100,000 on water costs
We sat down with Joanna to talk about how the AlertAQ water intelligence platform has saved Minto Apartments more than $100,000 on water costs. Watch the video.
Joanna Jackson is a Building Performance Specialist with Minto Apartments, an organization that manages 8,800 rental apartment units in seven cities across Canada. After relying on municipal water bills to manage water consumption and costs, Joanna installed Alert Labs Solutions at 12 buildings and began receiving minute-by-minute water use data. A few months after installation, AlertAQ detected water leaks at two apartment buildings. The leaks were promptly repaired and the company saved approximately $100,000 on water costs.
Municipal water bills not granular enough
Before Joanna discovered AlertAQ, she was relying on municipal water bills to gain insight into water use. While the water bills recorded overall usage, there was no information about the exact time of day when water was being used. The bills arrived four to six weeks after the water is used which makes it impossible to catch leaks early.
“With the city water bills, we would only know how much water an entire building used in a month or best case, on a daily basis.”
Installing a detailed Building Automation System (BAS) to manage water use was cost prohibitive so, Joanna found a low cost solution: AlertAQ.
Alert Labs solutions easy to install
“I was able to install Alert Labs solutions quite quickly and have instructed other property managers on how to install them at their buildings.”
$100,000 saved after water leaks detected and repaired at multi-residential properties
Alert Labs solutions were installed at 12 multi-residential buildings and right away Joanna was alerted to continual water usage throughout the entire day.
“Even during the nighttime periods the buildings were using 30 to 50 liters per minute.”
Due to the high volume of water usage, Joanna’s team reasoned that the most likely cause was leaking fixtures. A toilet renewal program was launched for two of the multi-residential buildings with high water usage. As a result, overnight consumption dropped to low levels - sometimes zero liters per minute. Minto Apartments estimates it has generated $100,000 in annual savings.
“The payback periods have been one year or less.”
Table 1 savings on water costs