Graphical Method to Calculate the Optimum Replacement Period for Water Meters

Abstract

Calculating the optimum replacement period of meters has always been a major concern for water utility managers. Its determination is time-consuming and requires multiple calculations. This note presents a graphical method to obtain, in a simple but accurate manner, the optimum replacement period of installed meters. For this purpose, a chart has been produced, in which the most influencing variables are considered. These variables include the degradation rate of the weighted error of the meters, the selling price of water, the acquisition and installation cost of the meters, the volume consumed by the users and the discount rate. The chart also allows for a quick sensitivity analysis of different options. For example, by plotting straight lines it is possible to determine by how much the optimum replacement frequency of a meter would change if it degrades at a different rate than expected or if the selling price of water increases.