Energy management solutions firm Schneider Electric signed two energy savings performance contracts with the US cities of Maryville and Shelbina in Missouri.The energy savings performance contracts are expected to help consumers improve their water, gas and energy efficiency.
In a press statement, Schneider Electric claims that the contracts will help the cities' utility departments improve their revenue collections and services.
In the city of Maryville, the solutions provider will replace existing 4,250 analogue water meters with advanced water meters to help the city's public works department to accurately bill its customers.
The smart water meters will help the city reduce its operational costs by eliminating manual water meter readings.
The city will be provided with water leak detection technology for quick identification of water leaks within its water distribution network until the rollout of the smart water meters is completed.
Greg McDanel, City Manager at the City of Maryville, commented: “Through our partnership with Schneider Electric, we’re able to improve water and sewer service operations and provide our citizens with new levels of information about their water usage that previously wasn’t possible.
“This data serves as a key driver that will allow citizens to be more efficient in how they use water within their buildings. We’re also able to accomplish all of these goals without increasing rates, which is a win for the entire community.”
The city of Shelbina selected Schneider Electric for the provision and installation of some 3,000 smart gas, water and electric meters.
The smart meters will be integrated with the company's automatic meter reading system to enable the city to remotely collect meter data and provide its customers with water and energy bills on a monthly basis.
The project will include the installation of power load control systems and LED streetlights to create more than $64,000 in new revenue for the city.
Tim Lacy, city clerk at the city of Shelbina, said: “Implementing the $1.4 million needed capital improvement project at no cost to taxpayers through guaranteed revenues and generated savings will be so beneficial for our community, and will play a key role in preparing Shelbina for future growth and development.”
Commenting on the signing of the two energy savings performance contracts, Tammy Fulop, vice president of Schneider Electric, said: “Many cities across the country face significant challenges in maintaining public works without placing additional tax burden on residents. [Schneider Electric and local partner chosen for smart city development in India]
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