Talking at Resource Ireland, James Hogan, from the EPA's Green Business initiative, said that the average cost of cold water was €2 per cu m in Ireland. However, in countries like Germany this cost was as high as €8, and he suggested prices could rise similarly in Ireland. Hogan explained that it was essential for companies to monitor their water meters on a weekly basis because annual bills would not reveal leaks until vast sums of money had already been lost.
It is also crucial for companies to start harvesting rainwater in Ireland because there is such an abundant supply said Hogan, explaining that green water was far cheaper than blue water and could be used for purposes such as toilet flushing.
He used the example of the money saving potential power of water efficiency of Stilorgan hotel which detected it had 25 leaks. Fixing these reduced their water usage by half and saved them €64,826 a year….
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