A recent study from University of California at Davis has concluded that the multi-year drought affecting California's agricultural industry is causing extensive economic impacts to the tune of $603 million in lost jobs, crop revenue losses, and costs of additional pumping. Additional irrigation costs, due to a heavier reliance on groundwater pumping when surface water is less available, are estimated at over $303 million, which equals 50% of the total annual economic impact of the drought.
Wexus' energy management platform can significantly lower energy costs for farmers due to groundwater (and surface water) pumping by closely tracking pump irrigation costs directly from utility bills, optimizing utility rate plans to choose the best, lowest cost option, remotely tracking the energy efficiency and status of irrigation pumps, and alerting growers to high peak demand surcharges in real time.