The True Cost of Water Leaks

May 19, 2017

Every day commercial property owners are allowing their money to slip away. Unbeknownst to them, their utility bills are rising and their operating income is falling. What is it that is causing this?

Water leaks.

Slowly but steadily, water comes trickling out of numerous leaks and is potentially costing property owners thousands of dollars every month. Unfortunately, unless there is a significant change, the majority of property owners do not even recognize an increase in their water bills. With utility bills being one of the most difficult and costly things to control, it is essential to understand the impact that a water leak can have. It is usually too late when these leaks are discovered, and by that point they most likely have already caused severe damage to the building, the bottom line or both.

According to WaterSmart, “…depending on the year, residential water leaks can add up to over 1 trillion gallons of lost water. This is equal to the annual water use of Los Angeles, Chicago, and Miami – combined! In addition to all this lost water (much of it potable), there is an associated waste of energy used to treat and transport this water to our homes, as well as the associated greenhouse gases that are emitted through the generation of this energy.”

Seeing numbers like this makes it seem easy to blame these property owners. The issue is that these owners and decision makers are not properly informed and educated on the effects of uncontrolled water and water leaks; or they simply have no way of identifying and measuring them. With so much going on in their lives and buildings on a daily basis, it is very easy to overlook a slight, albeit consistent, rise in their water bills.

Luckily, there are things that can be done to help reduce and prevent these water related costs. There are technologies now available to help monitor water use throughout a property. These technologies offer solid ROI and are a very affordable investment when you take in to consideration the amount you will save on your water bills by implementing them. Along with the added assurance that your building won’t undergo any major unexpected water damage, it becomes a very smart solution.

With around 14,000 people experiencing some sort of water damage at their home or work every day, these services can help save millions of gallons of water and put more money back into their owner’s pockets. It is important to act before it is too late. Aside from the physical property damage that can be caused by water leaks, it can also pose many serious health issues to those in the building. The growth of mold can be detrimental to the health of those living or working in these buildings.

Just because you think your property is free of leaks now, does not mean you shouldn’t plan ahead. By putting these technologies in place ahead of time, you will provide your business a competitive edge and peace of mind knowing that your water is being efficiently utilized and effectively monitored.

Contact DRF Water Heating Solutions to find out how you can assess your building’s water related expenditures and start reducing consumption. Our experts will guide you through the process as well as provide a complimentary level 1 water assessment that will identify areas to reduce costs and become more energy efficient.