Moen Announces Agreement with California Water Efficiency Partnership
Collaboration Will Make Smart Leak Detection More Accessible to Homeowners and Help Maximize Water Use Efficiency in
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Moen has signed an agreement with CalWEP to advance water use efficiency in
“Water damage is claimed six times more than fire and eight times more than theft, accounting for 24 percent of all insurance claims.** Not only does this create financial and emotional hardship for homeowners, it strains the home insurance industry and wastes an estimated one trillion gallons of water nationwide*** each year,” said
Through this new program, CalWEP’s member organizations – which include over 225 water agencies, corporations, government agencies, and non-profit organizations – will have the opportunity to enable their customers to purchase the Smart Water Monitor and Shutoff through a dedicated program website. Customers also may be eligible to receive an instant rebate on the device if purchased through this portal. Instant rebates will be funded by the participating member water agencies, with each one determining the specific rebate amount for their residents.
“At CalWEP, we are working to maximize water efficiency through cutting-edge programs, collaborative partnerships, and innovative water-saving technologies,” said
The Moen® Flo Smart Water Monitor and Shutoff continuously monitors the pressure and flow rate of the water moving through a home's pipes, with the ability to leverage its MicroLeak™ Technology to detect leaks as small as a drop per minute – anywhere in the home. If the device identifies an issue, it will promptly send an alert through the Moen Smart Water Network App, enabling users to turn off the water, or it will automatically shut off the water to prevent major damage. Homeowners also can track water usage by fixture and set conservation goals within the app to further support water-saving efforts.
The Smart Water Monitor and Shutoff – along with many other smart and water-efficient products in the Moen portfolio – also helps support Mission Moen, the company’s commitment to protect and preserve the world’s most precious resource, water, with the goal of leveraging product innovation to save up to 1 trillion gallons of water by 2030.
The CalWEP program is anticipated to launch later this year. The program will run for an initial three-year period in
For additional information about the Moen Flo Smart Water Monitor and Shutoff, visit moen.com/flo. Organizations interested in leveraging the device can contact Partners@Moen.com.
*Based on Average American Annual Water Leaks of 10,000 Gallons.
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MOEN CONTACT:
(216) 696-0229
seastman@fallsandco.com
ebaker@fallsandco.com
INVESTOR CONTACT:
(847) 484-4211
Investor.Questions@fbhs.com
CALWEP CONTACT:
(916) 475-1204
tia@calwep.org
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