The invention provides a water dispensing system comprising a container having a first region adapted to store unfiltered water, a second region adapted to store filtered water, and a spout region, a meter housing adapted to receive a water meter, a reservoir disposed within the first region of the container, a filter coupled to the reservoir, the filter being adapted to filter water flowing from the reservoir into the second region of the container, a valve assembly disposed in the second region of the container, the valve assembly being adapted to dispense filtered water from the second region of the container, and a lid coupled to the reservoir. In addition, the invention provides a system for filtering and testing water, comprising a water filtering system used in combination with a water meter for testing the quality of the effluent.