CONCORD UTILITY SERVICES "THE CONNECTING POINT TO...." MUNICIPALITIES, THEIR CUSTOMERS AND OUR ENVIRONMENT Concord Utility Services has taken innovative actions to increase the revenue of municipalities, save their customers money & implement tailored solutions to achieve both short and long term goals.
CONCORD UTILITY SERVICES"THE CONNECTING POINT TO...."                      MUNICIPALITIES, THEIR CUSTOMERS                                                                             AND OUR ENVIRONMENT                                                                              Concord Utility Services has taken                                                                             innovative actions to increase the                                                                             revenue of municipalities, save their                                                                             customers money & implement                                                                             tailored solutions to achieve both                                                                             short and long term goals.

CP2 Optimization

CONNECTING UTILITY PROJECTS TO TAILORED SOLUTIONS

Optimizing Water Revenues

 

Water agencies face reduced revenues and higher enforcement cost when implementing conservation polices to preserve limited water resources.  Water Boards have mandated reductions in water consumption which compels agencies to change their strategy to meet the needs of their customers while maintaining financial stability.   Many water agencies are looking for new ideas to boost revenues and optimize performance.   

 

Strategy

 

  1. Replace Aging Pipes and Install New Water Meters

  2. Install New AMR/AMI Technology to Improve Customer Billing and Revenue Collection

  3. Finance Total Project Cost and Reduce Outstanding Loan Balance with Future Grant Dollars

   

How to Build and Fund Your Project

Concord Utility Services, in partnership with an experienced Solution Team of leading engineering and water infrastructure specialists provides a comprehensive solution to water agencies.  The goal is to modernize America’s infrastructure, while improving revenues, reducing operating costs, and enhancing the customer experience.  The Solution Team combines the design & engineering, business case, project management, installation, and financing into one comprehensive solution.   Thus, the water agency can focus its resources on its customers and employees.

 

Incremental Revenues Pay for the Project

Water meters measure the consumption of water for the utility consumer.   The installed meter’s accuracy over time will decline due to wear.   As such, the meter will typically under register the volume of water product delivered to the customer.  By replacing older meters it enables the water agency to measure usage accurately and charge the customer accordingly.   Additionally, adding advanced meter infrastructure (AMI) software and hardware will enable the agency to collect usage data remotely, identify system leakage, and schedule repairs to boost revenue.

For example, a 20,000 connection water agency is experiencing a 10% annual production loss due to water leakage and inaccurate metering.   At an average cost of $2.50/HCF this could result in annual losses in excess of $2.0 million.  Improving customer meter accuracies a mere 3% can increase revenues as much as $600,000 per year.   Assuming the project cost $3 million to complete, the water agency could recover its cost within five years. 

 

Financing Capital Projects

Many water agencies finance their capital improvement programs with low interest rate loans.  The loans are secured by the agencies revenues, collateral, or both.  They are commonly used to fund water meter, pipeline, facility, and treatment plants quickly and efficiently.  Project amounts range from a few hundred thousand to the tens of millions of dollars.  The loan can be structured with monthly, quarterly, semi-annual, or annual payments that are spread over the economic useful life of the project, which typically ranges from three to twenty years. 

Project Financing Benefits

  • Start Project Quickly

  • Increased Productivity

  • Eliminate Grant Funding Delays

  • Match Payments to Budget

  • Spread Cost over More Users

  • Boost Revenues

The Solution Team

Assessing your needs and picking the right team are keys to success.  Concord Utility Services partners with leading engineering and water infrastructure firms to provide a seamless solution to save you time, boost revenues, and improve operational efficiency. 

 

  • Review Meter Assets and Identify Cost Savings

  • Prepare Client Business Case/Performance and Measurement Verification

  • Provide Financing, Grant Assistance, and Technical Support

  • Project Delivery

  • Billing Systems & Services

  • Meter/AMI/AMR Installation

  • Meter Reading

  • Meter/AMI/AMR Monthly Maintenance

 

The Solution Team can assist your water agency with developing a comprehensive plan to provide stable revenues, control cost, and improve the customer experience. 

 

For more information email us your questions or comments to: info@cp2optimization.com

or call Doug Oberheu at 951-757-6100

 

 

THE CONNECTING POINT

Get Connected!

Concord Utility Services

Locations

 

24619 Washington Ave ~ Suite 202

Murrieta, CA 92562

 

2332 Galiano Street

2nd Floor

Coral Gables, FL 33134

 

4600 E. Washington

Suite 300

Phoenix, AZ 85034

 

400 S. 4th Street

Suite 500

Las Vegas, NV 89101

 

2425 West Loop South

Suite 200

Houston, TX 77027

 

615 St George Square Ct

Suite 300

Winston-Salem, NC 28103


Phone: +1 800 651 8950

What's New.

Concord is rolling out new projects in Texas and Florida!

 

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