The Power of WATER OPTIMIZATION
ION helps affordable owners and developers increase net operating income and enhance their ESG programs with reliable water data.
Increase Net Operating Income Through Water Optimization
ION helps affordable owners increase property value and debt capacity through lower, and more reliable, utility costs.
Water is one of the most volatile expenses in affordable housing. Consumption can skyrocket from month to month as leaks often go undetected by maintenance staff or unreported by tenants. Water costs are surging across the country due to drought conditions and deteriorating infrastructure plaguing our nation. In fact, water rates are increasing at a rate of 2.5X inflation.
Calculate Your Savings
Managing water efficiently can reliably improve Net Operating Income (NOI).
ION’s water performance data helps property owners and managers reduce water consumption and costs by as much as 70%.
This can dramatically improve NOI, unlocking greater debt capacity for affordable developers and increasing property value. ION also has the added benefit of reducing water consumption to support a developer’s sustainability initiatives and provide a hedge against future rate hikes.
How does ION do this?
Our water optimization platform changes the game for affordable owners and developers by providing actionable, real-time water performance data.
ION enables maintenance staff to efficiently complete repairs that reduce water costs and add value to properties. ION’s platform identifies and analyzes unit-level water events, pinpoints malfunctions and generates automated work orders to stop water loss before it impacts a property’s operating income. The platform can reduce monthly water bills by as much as 70% and maintain those savings from month to month. Savings, and the reduced volatility in water consumption, can significantly improve NOI, financial underwriting and asset value.
Improving NOI with ION
Affordable multi-unit properties average over 100 gallons of water consumption per bedroom per day nationally, which is the industry’s current underwriting assumption for water and sewer proformas.
Developers using ION’s water optimization platform are achieving and maintaining consumption below 45 gallons per bedroom per day.
Some of the industry’s largest affordable property developers are improving NOI with ION:
43
gallonsKittle
- ION platform deployed on over 5,000 units
- Averaging 43 gallons of water consumed per bedroom per day
- Saving over 225M gallons of water per year
- Saving over $3.3M per year
45
gallonsDominium
- ION platform deployed on over 7,500 units
- Averaging 45 gallons of water consumed per bedroom per day
- Saving over 350M gallons of water per year
- Saving over $5.2M per year
Enhance Your ESG Program with Reliable Water Data
IONs water data can be used to demonstrate a significant reduction in water consumption. Financial savings can be reinvested into social equity initiatives to enhance your ESG efforts.
ION enhances your ESG program
ION helps affordable owners and developers consume and maintain water consumption at up to 70% less than half the industry average.
ION’s proven water optimization platform generates reliable, real-time water data that can be used to demonstrate enhanced water efficiencies within your ESG program. These efficiencies translate to carbon offsets related to the reduced treatment and delivery of water. Additionally, billions in savings can be reinvested into social equity initiatives that enhance residents’ quality of life.
Enhance Your ESG Program with Reliable Water Data
- IONs water data can be used to demonstrate a significant reduction in water consumption.
- Financial savings can be reinvested into social equity initiatives to enhance your ESG efforts.
Every year, the affordable housing industry wastes over 200B gallons of water. This waste of natural resources deprives the affordable market of over $3B in annual operating income while also generating over 500K tons of excess carbon emissions every year. ION’s mission is to eliminate this waste and enable affordable owners and developers to reallocate savings for the preservation, improvement and expansion of the affordable market.
Building a Water Positive World
