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CTSuite
Connecting water utility users in the poorest urban populations
01.
Identification
Water is ever more scarce. Climate change is impacting the water quantity and quality available to meet the basic needs of an increasingly urban humanity.
1 billion urban dwellers currently lack access to running water at home. Rapid urban growth will make this worse. In 2050, 3/5 of humans will live in cities and need access to water service at home. The task and expense of offering them reliable at-home services are formidable, and requires breakthrough financial and technical innovation. Low-income urban populations have either never been connected to water networks or are being disconnected. In addition, an estimated 50-60% of water utility subscribers cannot pay monthly bills and face disconnection for arrears. CityTaps' vision is running water in every home, with a goal to reach 3 million people by 2023. CityTaps provides the only smart Pay-As-You-Go metering solution to address a billion person market. The CTSuite solution provides a financial and technological offer which allows low income populations to pre-pay their water in micro payments and avoid disconnection. As a result, utilities no long accumulate debts from their subscribers and thus have better financial resources to sustainably serve everyone. CityTaps' solution improves the lives of both water utilities and their subscribers creating a win-win situation for everyone.
Sector
Application
Target client profile
Tags
Label Date
November 16, 2020
By
CityTaps
From
France
Maturity stage
Prototype testing in the real world
Looking For
New clients, Visibility, Funding, Partners, Credibility
- Video
- /
- Images
02.
The environmental benefits
- •Today, globally, water utilities lose approximately 50% of the water they produce
- •By reducing water loss by 15% (reduction of non-revenue water), we save 10% of water extracted from the natural resources
- •Enables utilities to treat and pump 10% less water
- •Potential to decrease energy consumption by 8% (utilities)
03.
The Financial benefits
04.
Activity Region
- Headquarters
- Activity
05.
Company Profile
Headquarters
75009 Paris, France
06.
Networking Partner
Waterpreneurs
Waterpreneurs is a global “for-impact organisation”, supporting the scaling-up of impact investments financing the growth of WASH enterprises operating in developing countries, and respecting human rights. Waterpreneurs brings extensive knowledge of the water and sanitation entrepreneurial sector, impact investing and facilitation of marketplaces.
View partner profile
Solutions Associated
30
07.
Related Topics
08.
Complementary solutions
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.