We approached a commercial real estate owner to discuss commercial real estate water savings and their water usage across a portfolio of 400 assets. Their total combined water bill was a staggering £6.5 million annually.
When we asked how much they thought they should be paying for water, the answer was always the same:
“The cost is consistent across our properties.”
However, we raised a crucial question: “Is it consistently right, or consistently wrong?”
Why Many Businesses Face Blind Payments
Many businesses unknowingly pay for water they never consume. These “blind payments” occur due to leaks, wastage, or inaccuracies in billing, driving up operational costs year after year.
In large portfolios like this one, water wastage can account for over 30% of the total water spend. Identifying and addressing these inefficiencies represents a significant opportunity for commercial real estate water savings.
How SMART FLOW Unlocked Commercial Real Estate Water Savings
To validate our approach, we launched a proof of value with just 20 SMART FLOW devices installed across the client’s portfolio. The goal was to demonstrate that, at a minimum, the properties were wasting 10% of the water they were paying for, and to provide actionable insights to reduce this waste—all without requiring capital expenditure.
- Each of the 20 assets had an average annual water bill of £16k each, which amounted to £6.4 million across the 20 properties.
- The SMART FLOW solution identified a 20% reduction in water usage, equating to £64,000 in savings across the trial sites.
- Installations were completed in just 10 minutes per property, minimizing disruption.
The success of the proof of value led to a nationwide rollout across the client’s entire portfolio.
The Long-Term Impact of Real-Time Monitoring
By achieving a 20% reduction in water usage across all 400 assets, the client stands to save £1.2 million annually.
Beyond the financial benefits, the client also improved their sustainability credentials, streamlined operations, and gained peace of mind knowing their water usage was monitored in real-time by SMART FLOW.
Curious to see how other businesses have achieved remarkable savings and operational efficiency with SMART FLOW? 💡
📖 Read these inspiring stories here: SMART FLOW Success Stories
Take Control of Your Water Costs
Are you ready to unlock commercial real estate water savings? SMART FLOW’s real-time monitoring solutions provide actionable insights to reduce waste, cut costs, and improve operational efficiency—all without major capital investments.
Contact us today to learn how SMART FLOW can help your business achieve significant savings.