SONOMA COUNTY, Calif., -- A new analysis from Lumo, a Smart Agtech company that supports growers and tackles water challenges head on using the most advanced water technology available, reveals that irrigation technology could save Californian farmers $9.75 billion in labor and electricity costs – and a staggering 1.33 trillion gallons of water – over the next five years.
Lumo's technology, which is already installed in select areas of 42 locations that represent a combined total of 150,000 acres, could cut $1.75 billion dollars in labor and $200 million in electricity per year if it was installed across all five million acres of specialty crop agricultural land in California, according to the new figures.
The analysis, which comes three months before the start of the COP28 summit in the United Arab Emirates, also shows how new irrigation technology could save 266.8 billion gallons of water each year across California – the equivalent annual water consumption of 2.67 million homes – protecting water resources and the environment.
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