Meters without data management, and data management without a data source are not helpful. Implementing the two together at scale for small to mid-sized cities can be challenging. There are many excellent smart meter options in the market today, but building out the infrastructure, and importantly, the financial structure to pay for it remains a major roadblock.
FATHOM addresses this conundrum head-on with a turnkey approach that combines AMI retrofits with proprietary data analysis. By fusing the physical with the digital in a centralized platform, cities can tackle the challenge of deploying smart meters to better track what water goes where; all while analyzing the massive amount of data coming in from those meters – from billing to customer care operations.
In this way, by using FATHOM’s centralized data infrastructure, small to mid-sized utilities can enjoy the economies of scale of a larger utility when implementing a comprehensive smart meter rollout.
Brass tacks: How do you pay for it?
The Smart Grid for Water was designed by water professionals with the understanding that paying for a solution like this could be challenging… but it doesn’t have to be.
That’s why FATHOM offers municipalities a variety of financing options to immediately implement The Smart Grid for Water while spreading the capital investment across the life of the contract, and the asset itself. Additionally, in many cases, the revenue recovery and operational savings pay for the capital investment within the life cycle of the system – helping utilities avoid paying the upfront costs traditionally needed for smart meter procurement and installation.
Deep in the heart of Texas: Cedar Hill finds lost revenue
Once the City of Cedar Hill, Texas deployed The Smart Grid for Water, they saw a 4.8% increase in revenue annually, with a one-time uptick of $3 million.
Billing and customer interaction have been improved using the near-real-time data acquisition and processing from the deployed smart meters. That precise level of insight into their system has allowed Cedar Hill utility leaders to make better-informed decisions about their rate structures, planning processes, and other key governance questions.
Besides its fiscal benefits, The Smart Grid for Water has helped make Cedar Hill’s water utility more consumer-centric, according to Joe Komisarz, Utility Services Manager for Cedar Hill.
Take control now with The Smart Grid for Water
FATHOM helps utilities pay for critical infrastructure work by uncovering revenue lost in the margins, with the added benefit of flexible, competitive financing options. FATHOM helps municipalities prepare their systems for the future and eliminates the case where upfront capital could be a barrier to adopting The Smart Grid.
To learn more about how The Smart Grid for Water can help you address Non-Revenue Water and other challenges, download our whitepaper, “The Smart Grid for Water: Turning Non-Revenue Water into found Revenue Water.”