A sea change in the water market is coming
On 1 April 2017, the commercial water market in England is scheduled to be deregulated. This means any business will be able to switch water provider just like they can change their business energy supplier. Though the water wholesaler will still be geographically determined, the licensed provider i.e. the entity undertaking the billing and meter readings, can be chosen by you. This applies to businesses in all sectors from manufacturing and retail, to educational organisations and charities.
Pay the right price for the right volume
At the moment most businesses don’t pay as much attention to their water use and costs as they do their energy requirements. Many could be paying the wrong amount for an assumed consumption of water that isn’t reflective of their actual usage. If your water bills aren’t accurate, whether because of leaks on site or duplicated charges, switching supplier could get you a better deal but overall you’ll still be paying more than you should. Our advice is to get ready for water market deregulation now by understanding your usage early and actively improving your water efficiency so you can start saving well before 2017.
Back in 2008, Scotland was the first country in the world to open its market for water and sewerage services for all public sector, non-profit and business organisations. This has led to a significant improvement in water efficiency. As a result, service costs have been cut by £10 million since 2008 as suppliers compete to provide reductions in bills and better customer service. Switching water supplier in Scotland typically reduces an organisation’s water bill by up to 20 per cent.
Water market deregulation in England will create a competitive market place in which regional monopolies no longer exist. This will bring fantastic opportunities for businesses to improve their water efficiency, reduce and manage costs and improve the service they receive, by tendering for more suitable contracts.
From 1 April 2017 the water market in England will open and tendering will start towards the end of 2016. Though this change doesn’t apply to Wales, English and Scottish suppliers are offering to manage Welsh accounts to facilitate single billing, making it easier for multi-site clients to manage their bills with a single provider.
Be prepared before you jump in
Water and sewerage charges change every year, meaning your bill does too; how much they change depends on your supplier. When the time is right for your business to switch water supplier, we want to give you peace of mind that you’re paying the right price for the right volume.
We can help you take steps now to maximise your water saving potential and get the most out of switching supplier. Our Water Consultants have extensive experience in the water industry, with expert knowledge of legislation, water competition and environmental responsibilities. We’ll make sure your water bills reflect your actual usage before you take the plunge and switch supplier.
Our Water Solutions service:
“We employed the services of Utilitywise to review our water and sewerage accounts. Water is an area which is often overlooked compared with gas and electricity, but the rewards from the review were substantial. Their no-risk service produced savings and refunds in excess of £100,000. Their service was proactive and professional and placed no administration burden on us. We would not hesitate to recommend their services to any company looking to cut their utility costs.” (Independent Wholesaler)
Four steps to get your water savings flowing
Click here to understand the four steps and download the full water solutions guide.