March 03, 1998

Reducing Water Costs Through Water Conservation

Water conservation is on the minds of property managers and building owners as buildings install individual water meters and the DEP switches from a flat-rate frontage water charge to one based upon actual consumption. Philip Kraus, President of Fred Smith Plumbling & Heating, Co., Inc. notes that water and sewer rates increased to $3.16 per cubic fee of water (per 748 Gallons) in July, 1997, up form $.66 per cubic feet in 1980. Given the likelihood that these rates will not decline in the future, Mr. Kraus recommends multiple ways that co-ops and condos can reduce water consumption. For the complete article, click here.