Networking platform and solutions provider, Silver Spring Networks has introduced its new smart water solution, which will enable utilities to offer a combined network water and electricity service.

Similarly to electric smart metering, utilities are able to afford their customers a reciprocal solution in terms of data exchanges, giving the consumer greater control to manage their water consumption. Josh Roper, VP of Advanced Metering Infrastructure, Silver Spring Networks said: ‘Traditionally, water utility customers have had limited options to manage their usage, as they would retrospectively receive their bill at the end of the month, quarter, or year. With our next-generation, two-way water solution, we are going beyond simple meter reading by providing a more granular and interactive experience that includes on-demand reads, interval data collection and asynchronous alarming, all while maintaining the industry’s leading security solution.’

According to MarketWatch, CEO and Director of Research for Zpryme Research, Jason Rodriguez, said that traditional analog meters are no longer financially viable. Utilities are able to save in excess of $12 million by implementing smart water infrastructure, ‘For multi-service utilities, the smart water market is becoming more of a priority as they see the benefits achieved from advanced metering infrastructure and other smart grid technologies.’

The advanced water solution will allow the City Utilities of Springfield, Missouri to ‘manage electric, gas and water meters with a single network’ said its General Manager, Scott Miller. Silver Spring Networks is working with the likes of Itron and Master Meter to develop personalised phone apps in delivering its two-way water solution to for municipal and co-op utilities.