This 9-page fact sheet written by Tatiana Borisova, Laura A. Warner, Jennison Searcy, Anil Kumar Chaudhary, and Michael Dukes and published by the UF Department of Food and Resource Economics in February 2017 was developed to help Extension agents, water-conservation managers, and homeowners estimate the economic benefits of residential outdoor water conservation. It provides guidance for reporting benefits, including lowered utility bills for homeowners, reduced water-delivery costs for utilities, and increased water supply. This publication also offers an example of an impact statement.
http://edis.ifas.ufl.edu/fe1009