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Your monthly service and rental fee is a small percentage of savings based upon your new water bill. For example, if you spend $2,000 a month on your water bill (excluding taxes and service fees) before the SMART VALVE™ installation, we assume that you will save a minimum of 15% – your new water bill amount will be $1,700 or less. Your service and rental payment for a water bill of this size is 7% of your new water bill amount ($1,700 or 5.9% of the original bill). Your net savings will be $181 per month or $2,172 annually (before water price increases).
While you are on our SMART VALVE™ Water Savings Program, there are never any additional charges regardless of how high your water bills become in the future. Your nominal payment includes service and rental in entirety.
| New Monthly Water Bill Amount (NWBA) | * Monthly Payment Percentage Value (MPPV) | Original Water Bill % Amount | Install Price |
|---|---|---|---|
|
$500 - $999 |
8% |
6.80% |
$795† |
|
$1,000 - $1,999 |
7% |
5.95% |
$995† |
|
$2,000 - $4,999 |
6% |
5.10% |
$1,495† |
|
>$5,000 |
5% |
4.25% |
$1,995† |
* Introductory MPPV%’s are valid until December 31, 2022
We guarantee that you will save money. We are so confident in our technology that we put our money where our mouth is – If you don’t meet or exceed our minimum guaranteed savings amount of 15%, we will remove, at your request, the SMART VALVE™ at our expense, without any penalties or hidden fees.
Alternatively, American Water Savings Inc. will reduce your payment to never be more than 50% of your savings.
We will conduct a free site assessment to see if you qualify. We will inspect your water system to make sure it’s compatible.
We will provide a savings analysis based on your current water usage.
We will arrange to have the SMART VALVE™ installed so you can start receiving your Guaranteed Savings.
† Additional plumbing may be required based on site assessment