The City of Ottawa is installing a new water-meter reading system to replace the current, obsolete meter-reading equipment. It will use radio frequency to remotely transmit water-consumption information for individual City water accounts. Only the meter’s outdoor reading device will be changed from a touch pad system to a battery-powered transmitter. The project does not include a city-wide meter replacement program. The new transmitters will eliminate estimated billing for residents and businesses and help the City be more efficient in its water operations. Ottawa’s current billing system is outdated and the technology of the existing equipment is nearing 20 years of age. At this time, meters are only read manually about three times a year, which means at least three of the six annual bills are estimates based on previous usage. This results in water bills that continually need adjustments. The technology is a valuable water monitoring and conservation tool that will benefit environmental programs and the water leakage reduction program. A leaky faucet can waste over 10,000 liters of water a year, a leaky toilet over 40,000.
Montreal, Perma-liner Industries has some exciting information that must be shared now as time is of the essence! It’s the Section 179 Deduction. This allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves. Still reading this?? Give us a call so we can offer you our very best products and services now. 1-866-336-2568/ www.perma-liner.com.
Section 179 is one of the few incentives included in any of the recent Stimulus Bills that actually helps small businesses.
