New York City introduces wireless "water tracking" system and "tiered pricing" structure

New York City residents will now be able to track, with a click of a mouse and virtually in real time, how much water they're using four times a day, and review their payment history, using a new "tool rolling out in the Bronx, on July 19th, and is expected to be available to city's […]

New York City residents will now be able to track, with a click of a mouse and virtually in real time, how much water they're using four times a day, and review their payment history, using a new "tool rolling out in the Bronx, on July 19th, and is expected to be available to city's 834,000 water customers who already have a wireless meter reader installed by mid-September."

According to Mayor Michael R. Bloomberg and Caswell F. Holloway IV, the goad is to encourage residents to monitor their water use, and then adjust their behavior as necessary to save money. "An average single family pays more than $800 for water each year, so if this system leads to relatively modest reductions in water used by, lets say, 5% of homeowners, there'll be significant savings for them."

The technology lay the foundation for a "tiered rate" structure whereby the heaviest users pay more, and the small time pay less per unit of water.

[Source]