A new city initiative is hoping to save as much of our delicious, award-winning tap water was possible. Rolled out in some Bronx neighborhoods on Monday, the Automated Meter Readers (AMFs) allows property owners to track their water usage up to four times a day online. Bloomberg said at a press conference, “An average single family pays more than $800 for water each year, so if this system leads to relatively modest reductions in water used by, let’s say, 5 percent of homeowners, there will be significant savings for them, and we all know that nobody likes water rates."

In a video backed by some Third Eye Blind rip-off composition, the DEP explains how the AMF works. It's a small radio transmitter that connects to the water meter, and sends readings four times a day to the DEP. Then you can track your water usage online, and yell at your teenage daughter for taking too long to wash her hair. Money doesn't grow on trees, you know. About 834,000 customers already have a wireless meter installed, and all of them should be installed by January 2012 at the cost of $252 million.

Bloomberg also seemed interested in following the footsteps of Seattle and Tampa and charging the highest users more per unit of water. He said, "Whether politically or legally you can—legally I’m not sure why you couldn’t do it. Politically you may say you’re not going to do that. But having consumption numbers is the basis for charging that way if you wanted to." Someone needs to teach him about Reaganwaternomics.