Profitable Water Business Ideas To Start In 2021
Water is one of the essential chemical compounds that support life on this planet. With changing environmental conditions and human lifestyles, water resources get scarce by the day. This calls for good water management practices like water purification and reservation, and innovative entrepreneurs can leverage this opportunity to start profitable water-related businesses such as the following.
Solar water heater
To cut down their energy bills, homeowners resort to using solar water heaters in their homes as an alternative to electric ones. Installing solar water heaters will not only conserve energy; it is also ecologically friendly to the planet as solar is a sustainable energy source. In countries like India, solar water heater businesses are fast emerging. It is a great business to start, especially if it is not common in your community.
Plumbing and groundwater water production
Residential apartments and commercial buildings will always require plumbing services from time to time. Consider creating an online booking platform for plumbers and their customers to connect. Also, if you live in an area where the water table keeps going down by the day, you may want to open a reliable water supply business in your community. It helps to consult experienced boring and drilling contractors like Adam Drillers to drill boreholes for your water supply project. With over 50 years of experience in drilling water bores throughout Victoria and Melbourne, Australia, you can trust Adam Drillers to install groundwater systems for your aquatic business.
Irrigation and water purification
Do you live in a farming community that badly needs the services of irrigation experts? Why not become one or start a water purification business? Farmers need a constant and adequate supply of water to grow their crops. Introducing modern irrigation systems in your area is a great way to attend to your community’s needs and make money as well. Launching a water purification company is another brilliant water-related business idea. Some people don’t trust the public water purification system as it’s seen as impure. On the other hand, homeowners will prefer to install their water purification systems in their homes to have access to well-purified water.
Reuse and recycling
Nations that have had to deal with water scarcity challenges, such as Israel, find ways to reuse their water. Even in the United States, a small fraction of their water resources is recycled. Quality water finds applications in different areas, including drinking, cooking, and manufacturing. The Nexus eWater system was born out of Australia’s water-stricken environment. This provides onsite treatment solutions for homeowners to reuse wastewater for other applications like irrigation and toilet flushing.
In California, Nexus eWater has influenced the state’s water initiative to allow for onsite residential reuse. Another area to establish a profitable water-based business is the hydro energy sector, which has historically relied on the high vertical drop in water flow to produce electric power. Natel Energy is a living example of an innovative company that has thrived in the hydroelectric power generation business. Apple recently teamed up with Natel to build a hydropower station in an irrigation canal in Oregon.