According to the Daily Journal, Tupelo Water and Light presented the city council with its plan to install an smart water meter infrastructure, aimed at helping the utility improve billing accuracy.
Johnny Timmons, director of Tupelo Water and Light Company, said: “We’re ready to move in that direction.”
Timmons said the utility has completed the drafting of a roadmap which it will guide the deployment of the new infrastructure.
Smart water meter tech to hold “lion share” of US municipal water investment
Bluefield Research states that more than 40 companies are positioning to deploy state-of-the-art solutions to enable more advanced levels of system intelligence, real-time network visibility, energy efficiency and customer management.Driving factors pushing up adoption of these technologies include state legislation for water loss, aging infrastructure, and pressure on utilities to be more efficient.
The firm identified advanced water meters to have the “lion’s share” of forecasted expenditures at 82% from 2017 through 2026.
Furthermore, over $2.7bn will be directed towards asset condition assessment and pipeline monitoring through 2026. Operating expenditures on leakage management will total $1 billion through the forecast period.
“Historically, utilities have been hobbled by their inability to generate actionable insights from disparate network and water usage data, but this is changing with more advanced data management and cloud-based solutions,” says Will Maize, a senior analyst at Bluefield Research.
“The market is already beginning to take on a different shape. We are seeing larger, diversified companies enter the fray, utilities reshaping their mindset, and Silicon Valley-types applying data expertise. This combination has huge potential to change the way the US water industry works,” he added.
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