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Services Feasibility Assessment
Service — Feasibility Assessment

Know the opportunity
before committing to
a full engagement.

A WST Feasibility Assessment maps your portfolio's water cost exposure, estimates the recoverable savings opportunity, and scopes the programme required to capture it — before you commit to a full engagement. Five days. No upfront cost.

5 days
Typical turnaround — from billing records to findings summary
Zero
Upfront cost — feasibility assessment is delivered before any programme fee is discussed
IC-ready
All output formatted for investment committee presentation
No lock-in
The assessment is a standalone deliverable — not a commitment to a full programme

What Is a Feasibility Assessment?

A defined-scope diagnostic that answers
one specific question.

The question is: "Given what's visible in our billing records and portfolio profile, what is the most likely water savings opportunity — and is a full WST programme likely to be worth the management attention it requires?"

Most potential clients reach WST through a specific trigger — an unexplained billing spike, a board question about GRESB water scores, a CFO reviewing the utilities line in the operating expense schedule. The Feasibility Assessment is designed for that moment: a fast, low-cost, low-friction way to establish whether a full programme makes financial sense for your specific portfolio before the engagement is structured.

The output is a written findings summary with three components: a savings opportunity estimate (quantified by category), a risk identification summary (categories of billing exposure present), and a programme scope recommendation (what WST would do if engaged for a full programme, and the expected outcome). This is not a proposal. It is a diagnostic. The decision to proceed is made after reviewing it.

Important: The Feasibility Assessment is not a watered-down version of a full audit. It uses the same billing forensics methodology — applied to a defined subset of records. If material overcharges are identified during the assessment, those findings are documented and recoverable immediately, regardless of whether the client proceeds to a full programme.

Feasibility Assessment — At a Glance
Turnaround time3–5 business days
Records required12 months utility bills
Site visit requiredNo — remote only at this stage
Output formatWritten findings summary
IC-ready documentationYes — structured for committee
Programme commitment requiredNone — standalone deliverable
CostZero — no upfront fee
Request Feasibility Assessment

What's Included

Three deliverables in
five business days.

01
Savings Opportunity Estimate

A quantified estimate of the recoverable savings opportunity across four categories: billing error recovery (rate misclassifications, estimation overrides, meter accuracy), sewer exemption opportunity, operational efficiency (cooling tower, leak exposure), and GRESB data coverage gap.

Each category is expressed as an annual savings range (low/mid/high) based on the billing records reviewed and the portfolio characteristics provided. The estimate is clearly marked as preliminary — the full audit will produce verified figures.

02
Risk Identification Summary

A summary of the specific billing risk categories identified in the records reviewed — which specific error types appear to be present, which assets show anomalous consumption patterns, and which properties should be prioritised for on-site audit attention.

Where material overcharges are clearly visible in the remote review (rate misclassification, obvious estimation errors), these are documented immediately regardless of whether a full programme follows.

03
Programme Scope Recommendation

A clear recommendation on whether a full WST programme makes financial sense for your portfolio, and if so, what the programme should include — which services, which assets, in what sequence, with what expected outcome range.

The recommendation is honest. If the assessment suggests the savings opportunity is below the threshold where a full programme makes economic sense, WST says so. The Feasibility Assessment is not a sales document — it is a diagnostic.

When to Commission a Feasibility Assessment

Six scenarios where a
Feasibility Assessment is the right first step.

Unexplained billing increase
A billing spike that engineering can't explain. The feasibility assessment identifies whether it's a meter error, leak, rate change, or estimation override — in 48 hours, from records already in your files.
GRESB water score below peer average
GRESB water indicator below 75% without a clear understanding of why. The assessment maps the specific WT1/MR3/RA4 gaps and estimates the score improvement achievable with a documentation programme.
New acquisition due diligence
Pre-acquisition water risk assessment. The feasibility review identifies billing exposure, infrastructure risk, and efficiency opportunity in the target assets — before the deal closes and the cost becomes yours.
Annual budget review
Water utilities line item under scrutiny in the operating budget. The assessment provides a defensible savings estimate the CFO or asset manager can use to evaluate whether a formal programme belongs in the budget.
LP or investor ESG request
An LP or ESG-focused investor has asked about water performance for the first time. The assessment provides enough documentation to frame an initial response while scoping the full programme required to satisfy ongoing disclosure requirements.
Never audited a commercial property
The property has never had a water audit. The assessment provides a baseline understanding of the billing exposure and savings opportunity — before committing to the full on-site audit programme.

How It Works

From first contact to
findings in five days.

01
Initial Conversation (30 minutes)
A brief call with a WST advisor to understand your portfolio, the trigger for the assessment request, and which assets should be prioritised. No preparation required — we'll ask you what we need to know.
02
Bill Submission (12 months, 1–3 assets)
Provide 12 months of utility bills for the 1–3 assets identified in the initial call. Bills can be PDFs, portal exports, or paper scans — whatever format you have. No reformatting required on your end.
03
Remote Forensic Review (3–5 days)
WST conducts the billing forensics, cross-references tariff schedules, identifies anomalies, and builds the savings opportunity model. No further input required from the client during this phase.
04
Findings Presentation (45 minutes)
WST presents the three deliverables — savings estimate, risk summary, and programme recommendation — in a written report and live walk-through call. The report is structured for IC circulation if required. No decision required at this point.

Next Steps After Feasibility

If the feasibility confirms a material
opportunity, these are the next steps.

Water Efficiency Audits
Full remote + on-site audit programme
The complete verified savings programme →
Smart Water Recovery
Billing forensics & forward monitoring
Recover historical overcharges →
ESG & GRESB Strategy
If GRESB gap was identified in feasibility
Close the water score gap →
Start with the bills
you already have.

Send WST 12 months of utility bills for one property. Within 5 business days, you'll have a written estimate of the recoverable savings opportunity — with zero commitment and zero cost.

Request Feasibility Assessment
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Ready to see your portfolio’s water exposure?  A 90-minute assessment with WST — no obligation.