Three Reasons for the Growing Demand for Water Conservation Technologies in the Drought Environment (LeakBird)

Mar.08, 2009 in Drought, Water Conservation, Water Crisis, Water Industry, Water Management, Water Rates, Water Technology

As the growing demand for all things water escalates across the United State (hydrologists, water conservation systems, water lawyers, new sources of water, et cet.), the drought environment, such as regions in Georgia, Florida, Nevada and California, has the highest market demand water conservation technologies for three reasons:

Timeliness
Fast Payback
Higher Water Rates

Timeliness

This is perhaps the most obvious reason, but sometimes obviousness is easily overlooked. Because the drought environment threatens water supplies, anything that saves water is more valued. In fact, we can comfortably say that water is moving from being an undervalued commodity to our most precious resource, particulary in drought-stricken areas.

As water utilities look to new sources of water, such as prehistoric, “brackish water” some 2500 miles beneath the surface in New Mexico or “non-tributary water” in California, we know that this is because demand has outstripped supply, an event which makes drought all the more emphatic in its consequences.

We’ve exhausted our water supply because of increasing demand due to growing population, as well as consequences of the near-impossible difficulties associated with managing our water supply, when there are so many cooks in the kitchen.

Fast Payback

As with any business, in order for it to be sustainable, effective and beneficial to the customer, there has to be payback. Water conservation devices give fast payback in the drought environment because water is more expensive or more actively rationed or more highly valued.

Water conservation technologies which save the most water over the shortest period of time in areas where water is the most expensive or the most valued will have incredibly successful results as businesses.

Higher Water Rates

We only need pay attention to the newspapers in drought environments to get a handle on the reality that water rates are rising across the board. As many as 60 cities in California (and growing), for example, are now on tiered water rate schedules. A tiered water rate structure enables the water utility to extract much higher returns on certain amounts of water used by their customers beyond a certain threshhold, whereby much higher rates are paid when greater water household water consumption occurs.

We can say, with all due certainty, that increasing water prices are a lock, fact which signifies greater demand for anything, whether it be a device or a method, that will conserve our most precious resource in a time of water shortage.

In conclusion, we can say that these three factors — timeliness, fast payback, and higher water rates — virtually guarantee that water conservation technologies will support our economy as well as our environment in a big way in the coming years.

The question is only To what degree? To this we can only answer that we don’t know; however, we do know that “conservation engineers” and their products will be in high demand for years to come.

If you are interested in How You Can Increase Your Cash Flows by $2,500.00 Every Year and Never Pay for High Water Bills Due to Your Tenants’ Running Toilets, sign up for our Free Report here.

Abendigo Reebs is the VP of Business Development for LeakBird Industries LLC in San Francisco, CA. He may be reached by email at ben@leakbird

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