IDT, CoBank offer new satellite leasing program for rural water utilities


Informational Data Technologies (IDT), a leading provider of satellite AMR/AMI management systems for rural utilities, recently collaborated with CoBank to launch a program that will offer leasing for the IDT Harmony Water Management System.

The program’s goal is to provide a satellite Automatic Meter Reading (AMR) / Advanced Metering Infrastructure (AMI) system for qualifying rural water utilities. CoBank — a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit System associations — will offer lease programs with durations of five, six, seven, eight and ten years, plus different buyout terms at the end of the lease. As such, the program will give new options for rural water utilities wishing to deploy a satellite AMR/AMI system, but are worried about capital outlays and speed to system deployment.

Expressing his gratitude, IDT Executive Vice President Angelo Polsinelli said in a statement: “We are pleased that CoBank has recognized the value of the IDT Harmony system to its customers, offering to help utilities deploy the latest technology through an affordable and straightforward leasing program.

Polsinelli went on, saying, “The IDT Harmony Water Management System is an ideal way for rural water utilities to reduce operational costs through water loss detection and other features, while improving collections through daily meter reads. Now, utilities can gain those advantages quickly, and with minimal cost outlay, thanks to the CoBank leasing program.”

About these ads
Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 70 other followers

%d bloggers like this: