Rising Water Rates Are Destroying Multifamily NOI — AWS Reports Average Savings Just Above 22% Across North American Projects
Published multifamily project results vary by site and measurement period. The Grand Central at Kennedy (Tampa, FL) customer testimonial reports a 23% reduction in combined water and sewer charges and approximately $50,000 annual savings at that property; see AWS Sales Kit page 4. A written guarantee may apply to qualifying sites after assessment.
Real-World Case Studies
Published results and measurement details vary by project. A written guarantee may apply to qualifying sites.
Up and running in 3 steps.
Free Property Assessment
We analyze available master-meter billing data, eligible charges, site access, and operating requirements before any commitment. AWS reports average savings just above 22% across North American projects; individual results vary.
Terms and site-confirmed installation
Any qualifying written performance terms are confirmed before work begins. The site confirms access and any planned shutdown; later external adjustments need no shutdown.
Review and reporting
AWS and the customer agree on a comparison period and reporting approach. Any performance terms are confirmed in writing for qualifying projects.
Explore the Full Picture
Multifamily Water Costs — The Master Meter Problem
Review master-meter billing responsibility, eligible charges, operating patterns and site conditions before considering a project.
Explore Water CostsIrrigation & Common Areas — Review Uses and Billing
Review irrigation schedules, seasonal needs, common-area uses and separate meter arrangements with the appropriate facility specialists.
See the Irrigation GuideWhat Could You Save?
Select Your Monthly Eligible Charges
Illustrative Monthly Gross Savings
$3,960.00
Illustrative Annual Gross Savings
$47,520.00
Use monthly eligible usage-based water charges plus only sewer charges confirmed to vary with the relevant metered usage. Exclude fixed/base/meter fees, taxes and unrelated charges.
Winter-averaged, capped, flat or uncertain sewer charges need bill review; immediate sewer savings are not assumed.
22% illustrative assumption before installation and ongoing program fees; not a guaranteed or expected result.
Not sure which charges are eligible? Choose bill review. A gross-bill screening question is separate from this illustration.
Annual amounts hold charges, billing method and the illustrative assumption constant. Net benefit requires agreed installation and ongoing fees and written project terms.
AWS reports 40,000+ Smart Valve installations in North America; network scale is not a forecast for your site.
Why Is Water Multifamily's Hardest Operating Cost to Control?
Billing responsibility and tenant allocation depend on metering, leases and applicable rules. Review rates, occupancy, leaks and operating patterns. Any estimate uses eligible charges and subtracts agreed installation and program fees; ongoing costs and results depend on written terms, not a one-time expense or permanent protection from rate increases.
≈$50,000/Year — Grand Central Tampa
The Grand Central at Kennedy customer testimonial in AWS Sales Kit page 4 reports a 23% reduction in combined water and sewer charges and approximately $50,000 annual savings at this Tampa, FL property. These are customer-reported charge savings, not a metered water-use reduction or a projection for other properties. They are not net NOI.
Review Rate Exposure
Illustration: a 5% rate increase applied to $15,000/month in rate-affected eligible charges adds $9,000/year before operating changes. Rates can still rise after installation. Review the actual tariff and net benefit after agreed installation and program fees; lower eligible usage does not provide permanent immunity to rate increases.
Resident operations review
The property team reviews pressure, flow, quality, access, and resident-service requirements before installation. Outcomes depend on site conditions.
Illustrative Capitalization of Net Savings
Illustration only: $50,000/year of net recurring operating savings divided by a 5% cap rate equals $1,000,000. This is not a guaranteed appraisal increase or the named customer's reported net NOI. Establish recurring savings after ongoing program fees, review upfront installation costs separately, and account for the property's actual valuation assumptions.
Property-by-property assessment
For multiple properties, AWS can review each meter, eligible charges, access, and operating requirements. Results and commercial terms vary by project.
Materials scope
NSF 61 and NSF 372 materials information can be supplied for the facility team’s review; the property confirms suitability.
How Much Can a Multifamily Property Actually Save on Its Water Bill?
Read the full case study →- 23% reduction in combined water and sewer charges reported by property management
- Approximately $50,000 annual savings reported by property management
- Large-scale multi-use residential/commercial complex
- Zero impact to resident experience
- Named customer result; individual results vary
Why do apartment complexes and multifamily properties pay more for water than they should?
Changing demand across apartments can affect pressure and flow, but the effect depends on the meter, service configuration and site conditions. Smart Valve™ helps keep entrained air compressed through the meter while moderating pressure and flow fluctuations; suitability needs a qualified site assessment. A bill alone does not establish air content or a universal air-related share of metered volume. Review billing responsibility, rates, occupancy, leaks and legitimate operating patterns before estimating eligible-charge savings, and subtract agreed installation and program fees to evaluate net benefit.
Frequently Asked Questions
Get a Free Multifamily Assessment
Tell us your property size and monthly water bill. We'll review your site's savings potential; Grand Central's customer-reported result is specific to that property.
Partner: American Water Savings (AWS) · Canadian Water Savings (CWS) · Smart Valve™
