I work for my local water department and we install neptune brand meters. We actually install the R900i. We have been working 10 years on getting everyone changed over but the last few holdouts are winning the fight. From an ecorenovator point of view these new meters are pretty nice. You can ask the city to come out and pull all the data from the meter and get an hour by hour bar graph of water useage. The r900i even has a little leak indicator that appears if it senses a leak. These nutating disc meters are impressively responsive to even the smallest amount of water.
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