RealPage Launches Revolutionary Water Management Solution: Smart Water
Jul 23, 2021
RealPage, Inc., a leading global provider of software and data analytics to the real estate industry, today announced the launch of Smart Water, the first solution in the multifamily industry that leverages submeter technology to significantly reduce the cost of water management for both residential units and common areas.
Smart Water allows property managers, owners and operators to act on potential leaks and manage water consumption across the entire property in real time. In initial trials, the solution is estimated to save properties approximately $67 per unit annually by mitigating leaks that range from slow and hard-to-detect to catastrophic. In addition, the solution enhances resident satisfaction and retention by reducing related costly repairs and promoting sustainable living.
According to a 2020 EPA WaterSense report, 90% of all communities have leaks, and 30% of all water consumption is attributed to wasted water from undetected leaks. In addition, the report also indicated that an irrigation system with one leak just 1/32 of an inch in diameter can waste roughly 6,300 gallons of water, costing up to $95 per month.
“One of our clients saved 750,000 gallons of water in the first three months across 47,000 units. And a water retrofit saved a single Denver property 6,000,000 gallons of water, or the equivalent of $130,000 annually,” said Mary Nitschke, VP of Sustainability at RealPage. “The savings in both water consumption and costs are enormous. Our Smart Water solution offers an economical solution that has immediate and long-lasting returns on investment.”
The Smart Water solution includes four main components: submetering and meter data, water management web application, resident engagement through the STRATIS Resident OneApp, and real-time facility alerts. Submetering and meter data includes IoT water sensors that capture real-time water data to identify leaks and abnormalities in common areas and residential units. The water management web application provides daily consumption data to understand water usage from the portfolio level to the submeter level.
The STRATIS Resident OneApp engages residents with historical consumption views, the ability to set cost goals, and a gamified Green Ranking Score that reveals how they consume water and how they compare with other residents. And with real-time facility alerts, onsite staff can quickly correct issues and mitigate risk after receiving work orders for leaks.
STRATIS is part of the RealPage Smart Buildings initiative offering a seamless Sidewalk to Sofa™ solution for residents and property managers to navigate through all building access points with one app. It also enables control of devices such as thermostats to enhance sustainability and resident comfort. The Smart solutions under STRATIS create a sustainable living environment for greater resident satisfaction, higher retention, and ultimately, more attractive yields for property managers.
More News and Articles
Sep 17, 2021
New service builds on the Leak Adjustment Protection Program launched earlier this year
Sep 16, 2021
Ameresco Announces Partnership with City of Seabrook, Texas for Comprehensive Smart Metering Infrastructure Improvement Project
Ameresco will install over 4,100 water meters to replace the city’s aging infrastructure and save the city over $50,000 per year.
Sep 15, 2021
Uponor Infra Oy and Borealis are leading the way for sustainable infrastructure development: Ultra Rib 2 Blue guarantees high performance and over 100 years of service while maintaining existing quality standards and certifications.
Sep 14, 2021
Multilingual campaign targets audiences through radio, billboards, bus shelters, social media
Sep 13, 2021
The first of Cross River Rail’s two massive Tunnel Boring Machines has broken through a rock wall into the huge underground cavern beneath Roma Street, marking the biggest milestone yet for this transformational project.
Sep 10, 2021
Water recycling specialist WPL will present the findings of a significant piece of research into phosphate removal at the European Wastewater Management (EWWM) Conference and Exhibition. The event takes place in Birmingham, UK, and online, on 28-29 September 2021, with …
Sep 09, 2021
Olea Edge Analytics Issues Call to Action to Western U.S. Cities to Combat Record Drought Conditions
Olea Edge Analytics, an intelligent edge computing platform for the water utility industry, issued a call to action to cities across the Western United States.
Sep 08, 2021
CHRYSO, a leader in Construction chemicals, announced a technology partnership with CONDAT. As CONDAT is a world expert in sealing, lubricants and ground treatment formulations for Tunnel Boring Machines (TBM), CHRYSO has joined forces with the company to develop a …
Sep 07, 2021
Successful Employment of Mine Development Machine in Fresnillo, Mexico
Sep 06, 2021
Sedaru OMNI Optimizes Asset Management and Improves Decision-Making for Water Utilities
Sep 03, 2021
Total Equipment, Inc. Expands Vermeer Industrial Representation in the Caribbean, Rebrands to Vermeer Caribbean
Total Equipment, Inc., a full-line Vermeer Industrial dealer headquartered in Puerto Rico, announced it has acquired the rights from Vermeer Southeast to represent the Vermeer Industrial product line in over 20 islands south of Cuba, from Jamaica to Trinidad & …
Sep 02, 2021
Evoqua Water Technologies, a leader in mission-critical water treatment solutions, announced the appointment of Sherrese Clarke Soares to its Board of Directors. Ms. Clarke Soares will serve as an independent director.