Ecovie Rainwater Collection Systems provide tangible benefits to homeowners, small businesses and the environment.
Yes! As of June 4, 2010 HB1069 passed into law which gives up to a $2500 tax credit for rainwater collection and graywater systems in the State of Georgia. We are currently getting details on how this will work since it is so new, so please contact us for the latest updates.
In any case, this development makes rainwater collection an even better investment than it already was!
As you are probably aware, Atlanta experienced a 27.5% increase in the cost of water in 2008, another 12.5% in 2009, and yet another imminent 12% increase this year. next year we can look forward to another 12% increase. It's anybody's guess what will happen after 2011 but odds are rates will not go down.
What's more, if you are in the high use bracket, which many people with irrigation systems are, this further increase may represent hundreds of dollars of added cost if you want to water your lawn and plants and have a thriving garden.
In addition, areas surrounding Atlanta have also raised rates and it is reasonable to assume that they may continue. For example, Dekalb County is talking about doubling rates between now and 2014.
All of this talk about water cost savings for irrigation ignores that fact that we may have watering restrictions which would automatically reduce our water usage and costs. So, what are the financial benefits of a rainwater collection system in this case?
When designing your system, ECOVIE will cover all these scenarios with you and do a cost savings estimate using your water consumption and anticipated water costs. This will show you what you can look forward to in the way of return on your investment.
We can say that your most rapid return on investment on an ECOVIE Rainwater Collection System is if you are a high volume user, can collect a lot of water, and are already doing major remodeling, landscaping, or building a new home. In those cases, the additional incremental cost of a rainwater collection system is lower and the savings potential is higher. In many cases, you will save more in reduced water cost than the financial payment for your system, making you cash flow positive from the first raindrop that falls into your new system!