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Eddy and City of Guelph Sub-metering Rebate: $225 for Eddy’s Solution!

The City of Guelph’s New Rebate Program – $225 Rebate for Installation of Eddy
Guelph residents can add another environmentally friendly as well as protective tool to their homes courtesy of a big boost from their city with the introduction of their “Residential Sub-Water Meter Program.” The program, announced last week by the City will go a long way in the adoption of technology that will protect homeowners against their biggest risk: water damage.
The City of Guelph’s initiative “will rebate $125 for each permanently installed sub-meter and $100 for each add-on sub-meter (e.g. strap-on meter) with smart technology.” The initiative helps residents control and conserve through the identification of high water usage that indicates leaks, inefficient plumbing products, and wasteful water consumption habits. Eddy’s IQ solution qualifies for both – a total of $225! 
The great news is that Eddy is a part of this program. In fact, our IQ sub-meter is exactly the kind of technology that the City is encouraging residents to install.
The rebate drives awareness to both wasteful habits on the part of consumers (Canadians are among the world’s largest water wasters), as well as wastage from inefficiencies and leaks. Indeed, the Ontario’s Environmental Commissioner’s 2017 “Every Drop Counts” report detailed that 13% of a home’s water usage is due to leaks.
“The City of Guelph continues to be a leader in developing environmental programs that drive the adoption of sustainable consumption practices,” commented Venky Weylagro, Vice President of Sales and Marketing at Eddy. “We are very pleased to be a part of this program, as our technology offers Guelph citizens not only the opportunity to track and conserve their water usage, but also protect their home from water damage.”
Eddy’s suite of products is a comprehensive smart water and home environment monitoring solution that tracks water usage and ambient conditions in a home. The Eddy IQ tracks water usage, immediately alerting homeowners when abnormalities are detected, and offers remote and automatic shutoff capabilities. The Eddy Link acts as a complement to existing metering infrastructure (acting as a ‘strap-on’), offering similar advantages to the IQ. Both communicate via the My Eddy Home App, an Android and iOS application that displays alerts in real time.
For a limited time, Eddy is offering 25% off our regular price to City of Guelph residents, in addition to the rebate they’ll receive from the City. To learn more about the program, please contact us at 1 877 388 3339 or email info@eddyhome.com.
About Eddy Home
Eddy Home is a Canadian owned and operated manufacturer of leak protection and water visibility sub-metering solutions. Our suite of smart products offers a comprehensive water management system for homeowners that protects, controls, and conserves. Our products have saved thousands of customers millions of litres of water by continuously monitoring water usage in their home, and if something unusual is detected, alerting them to the issue. For more details, please contact us at 1 877 388 3339 or email info@eddyhome.com.

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Paul Pathak​

Director

Paul Pathak is a partner of Chitiz Pathak LLP. Paul practices principally in the areas of corporate, securities, corporate finance, mergers and acquisitions and commercial law. He represents and provides sophisticated guidance to private and public corporate clients in a broad range of industries, including mining, technology, manufacturing, venture capital and merchant banking.

George Krieser​

Director

George Krieser founded Total Credit Recovery Limited (“TCR”) in 1980 and is the President and Chief Executive Officer. TCR is the largest 100% Canadian-owned and operated collection agency, solely collecting Canadian debt. George previously served as a Director of Universal Energy. He also served as a member of the board of directors of Baycrest Foundation and as a member of the fundraising committee for UJA Federation of Greater Toronto.
Gary Goodman​
Director
Gary Goodman is a Trustee and Chair of the Audit & Risk committee of Boardwalk Real Estate Investment Trust., a former Chairman of Huntingdon Capital Corp., trustee of Gazit America & Brightpath Early Learning, and is a member of the advisory boards of the Vision Funds. Gary was previously Executive Vice President of Reichmann International where he served as a senior financial executive and trusted advisor for over 30 years.

Chris Gower

Director

Chris Gower started his career in construction on the tools – framing houses, where he grew a deep appreciation for the trades. Prior to his current role as Chief Operating Officer, Buildings at PCL Construction (“PCL”), Chris held positions including construction risk manager, senior project manager, district manager and regional vice president. Throughout his more than 25 years at PCL, he has delivered iconic construction projects across Canada, Australia and the United States.

June Thomson

EVP, Sales, Marketing
& Business Development

June joined the Eddy team coming from Enercare after 10+ years in various roles, most recently as Vice President of the North American Builder Division. June has been in the HVAC industry for over 41 years, holding several roles throughout her career from Technician to Provincial Offences Officer.

Saj Khan

COO & President

Sajid Khan helped launch Eddy Solutions and has been in the role of Chief Operating Officer since inception. With more than 20 years of leadership and operational experience in the home services sector, Saj has held roles such as COO of Eco Energy Service, Vice President of Operations at both National Home Services and Universal Energy.

Boris Baril

CFO

With more than 25 years of financial experience, Boris has held both public and private company CFO roles; supported two (TSX listed) initial public offerings (IPOs), debt and equity capital raises, and M&A transactions. Boris graduated from York University and is a CPA, CA.

Mark Silver

CEO & Chairman

Mark L. Silver is President of Optus Capital Corporation. Mr. Silver has made significant real estate investments in both development stage and income producing properties in the residential, commercial and industrial sectors over his 35 year business career. Over the last 22 years, these investments have been made through his company, Optus Capital Corporation. Mr. Silver was a founding partner and Chief Executive Officer of Universal Energy which was sold in 2009 to Just Energy Group Inc. He co-founded Direct Energy Marketing and grew the company to over $1.3 billion in revenues before selling to Centrica PLC (also known as British Gas) in 2000.