In the US state of Georgia, the City of Atlanta Department of Watershed Management has expanded a $3.9 million deal with Olea Edge Analytics to improve the management of water meters.
The aim is to reduce non-revenue water through active and real-time management of water meters using analytics.
The city has expanded its partnership with Olea Edge Analytics following previous successful collaborations that started with a pilot project launched in 2018.
The pilot included the installation of sensors to monitor some 20 meters. The project helped to identify malfunctioning high-value water meters and helped the Department of Watershed Management executives to prioritise repairs. In three months, Olea had found over a million dollars in recoverable revenue for the water department.
The pilot was then expanded to include some 700 meters, a development that saw the city investing $1 million. In less than 12 months, the programme identified $10 million in potential revenue.
For the latest phase, Atlanta’s City Council has approved legislation to add 1,600 additional Olea endpoints. The project is expected to recover tens of millions of dollars that can be better used for other infrastructure-related projects.
The project will be targeting large commercial and industrial customers whose water meters can represent 40%-60% or more of a utility’s annual revenue.
Under normal conditions, commercial water meters can lose accuracy by more than 10% per year hence the need to target these consumers in the new phase, according to a statement.
The meters are large, difficult to maintain or replace, and can fail at any time regardless of age or cumulative service volume.
Dave Mackie, Olea Edge Analytics CEO, said: “Having the ability to utilize the abundance of data, Olea’s solution allows for more informed decision-making regarding asset management for Atlanta’s commercial and industrial meters. Olea’s Meter Health Analytics helps utilities recover revenue, which is vastly important during a time when many municipalities are experiencing revenue shortfalls.”