Woodard & Curran Offers Alternative Financing Options for Utility System Upgrades and Service

SCADALease is an alternative financing approach that allows utilities to realize the efficiency gains of a well-designed SCADA system without a major up-front investment.

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Utilities who want the efficiency gains that SCADA represents need to find another way to budget for the project, and a lease-like arrangement can be the perfect answer for many.

Dedham, MA (PRWEB) April 11, 2013

Woodard & Curran is now offering SCADALease, an alternative means for utilities to fund and implement instrumentation and controls system upgrades and service. This innovative approach allows utilities with limited capital improvement budgets to fund the design, implementation, and maintenance of a new or upgraded system with a fixed monthly payment.

Supervisory control and data acquisition (SCADA) systems monitor and regulate functions and processes at water, wastewater, power, manufacturing, or other operational facilities. Advanced SCADA systems can generate short- and long-term cost savings through more efficient management of an operation’s resources, such as accurate monitoring of when to power pumps and other equipment, the precise amount of chemicals to use, or automation of a process that would allow staff to focus on other tasks.

The SCADALease process begins with a detailed assessment of a utility’s operational goals and existing equipment. The SCADA staff will then develop a budget for the capital project. At the end of the lease term, the utility owns the system.

Many municipal utilities are operating with restricted budgets, which limit an operator’s ability to fund maintenance or improvement projects, like SCADA systems. Woodard & Curran found that offering an option to lease equipment and services would allow for low upfront costs to utilities and significant gains in the long-term.

“The traditional approach to funding instrumentation and controls projects just won’t work for many utilities,” said Leroy Kendricks, PE, who leads Woodard & Curran’s Electrical Instrumentation & Controls group. “Raising rates is a political impossibility and issuing a bond probably is too. Utilities who want the efficiency gains that SCADA represents need to find another way to budget for the project, and a lease-like arrangement can be the perfect answer for many.”

Woodard & Curran is a recognized leader in the engineering, operation, and management of public utility facilities. The SCADA implementation and design team includes over 30 employees and many decades of experience. The SCADA team also provides planned replacement of equipment and both routine and on-call support for maintenance and emergency trouble-shooting for their SCADA Lease customers.
More information about Woodard & Curran’s SCADA Solutions Suite can be found at http://www.woodardcurran/scadasuite.

Woodard & Curran is a 700-person, integrated engineering, science, and operations company serving clients locally and nationwide. Visit http://www.woodardcurran.com for more information.


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