H2Odegree (H2O) has been a manufacturer of wireless sensors and Software as a Service (SaaS) that provides solutions for measuring, controlling & billing utility cost in apartments, allowing landlords to improve their overall financial performance since 2007. The company is headquartered in Bensalem, PA.
The company’s target market historically has been multi-family housing including apartments, condos, HUD housing, military housing, student housing, etc. H2O customers have used the products and services for tenant billing and energy conservation related to water, electric, gas, btus and thermostat controls. In addition, H2O has the unique ability to provide point of use water submetering that enables daily leak detection reports that identify both the leak and its size through H2O’s daily reports to the property. H2O has over 38,000 sensors installed in 13,000 apartments in over 130 properties throughout North America.