Green Energy Management Services Holdings, Inc. announced today it has signed a five-year water efficiency installation and maintenance contract with Keystone Holdings, a residential and commercial real estate developer located in Miami, Florida. The Contract entails installing and maintaining AIRLOCK valves across the company’s 14 properties, beginning with Keystone Palms, a residential property in Miami.
“We are excited to be working with Keystone Holdings, one of Miami’s best-known residential developers,” says Michael Samuel, Green Energy Management’s Chief Executive Officer.” By installing AIRLOCK, Keystone Holdings should achieve significant savings at Keystone Palms. We look forward to installing AIRLOCK at more of their properties in the near future.”
The Contract is estimated to provide Keystone Holdings with as much as 30 percent annual savings in its water and sewer costs at each of its properties. As compensation for the Project, the Company will receive 50 percent of the savings over the life of the contract.
AIRLOCK is a proprietary, patent-pending device that more accurately measures water flow from your water provider. Air typically accumulates in water pipes before it reaches the meter, artificially raising meter readings. AIRLOCK compresses the accumulated air in the pipes. The water then flows through the meter with the air undetected, and the result is a reduced water bill. AIRLOCK is cast in surgical stainless steel, assembled in the U.S., and certified by the NSF.