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IN THE NEWS
Houston Business Journal:
New study verifies that submetering results in water conservation

PRESS
November 30, 2004
Wellspring and Ember Team to Create Industry's First ZigBee-Based Water Submeter

Case Study

Finian's Court

Location

Lanham, MD

Building Type

Garden apartments - multi-story

Submetering Method

Green Thermostats measuring gas furnaces
Point-of-use water sub-metering
Domestic hot water energy sub-metering

Estimated owner benefit per year

$39,100

Estimated owner benefit per unit/month

$57

Increase in property valuation at 8% cap rate

$0.5 million

Financing

3 year lease

Payback Period

22 months

# units

57

# meters

285 (One Green T-stat and four water meters per apartment

Water conservation per year (gallons)

8,400 terms of gas
622,000 gallons of water

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