All you need to know about the open water market
English water deregulation is only six months away. The aim of water deregulation is to open up the market for non-domestic customers and remove barriers to competition. This means that businesses, charities and public sector organisations will be free to shop around and choose their preferred water supplier.
At businesswater.org you can find out all you need to know about the open water market. This information hub includes the background to the UK water market, as well as all the latest updates.
We want to ensure that you are fully prepared to reap the benefits when the water market opens. There’s even a dedicated FAQs page to answer your most common queries.
A brief history of water deregulation
The water market in Scotland is already open. It was the first country to introduce water deregulation back in 2008. This has led to significant improvement in water efficiency. In April 2017, over 1.2 million eligible businesses and non-household customers in England will be free to choose their water supplier too.
Water market deregulation in England will create a competitive market place in which regional monopolies no longer exist. This will bring fantastic opportunities for organisations to:
- Improve water efficiency
- Reduce and manage costs
- Receive a better service
- Tender for more suitable contracts
Switching water supplier will give you access to more suitable contracts and you’ll be able to reduce your water procurement costs. However, to really reap the benefits we suggest taking action now. If your water bills aren’t accurate then you’ll be paying more than you should. This could be because of leaks on site or duplicated charges on your bills. Our advice is to understand your usage in advance of water deregulation and actively improve your water efficiency.
Save money and make every drop count
By taking the plunge and switching water supplier, you’ll make savings that you can reinvest and splash out on your business.