Utilitywise and Business Stream are combining their expertise to offer Small & Medium-sized businesses a combined, competitive deal for their water, gas and electricity
Newcastle, 13 December 2016: Business customers will soon be able to manage all of their major utilities in one place, thanks to an innovative new energy and water partnership.
The UK’s leading utility consultancy, Utilitywise, is partnering with Business Stream, the largest operator in the Scottish non-domestic water market to provide SMEs with a combined deal which incorporates all three major utilities, electricity, gas and water.
Utillitywise will provide competitive gas and electricity tariffs to businesses and public sector organisations whilst Business Stream supply water tariffs to complete the package deal.
The deal will initially be available to businesses in Scotland before the multi-utility approach is rolled out to benefit thousands of English businesses in April 2017 when the water market deregulates.
As part of the initial promotion, those who sign up to the triple gas, electricity and water tariff will receive a cashback incentive on both their gas and electricity contracts. This provides a businesses with a considerable potential saving, especially those with multiple sites.
The combined tariff comes after a recent Utilitywise-sponsored survey over half (58%) of Scottish businesses said they were interested in getting their gas, electricity and water as part of a combined package.
Utilitywise also provides a complete customer account management service to handle customer queries as well as providing advice, products and services which help reduce waste to further reduce gas and electricity bills.
Brendan Flattery, CEO of Utilitywise, said:
“We are delighted to be partnering Business Stream to provide a one-stop utility solution to their customers across Scotland. With over 30,000 customers across the UK, Utilitywise brings significant expertise in helping businesses to get better value from their utility suppliers. This partnership will provide Business Stream customers with access to competitive energy prices as well as cutting edge technologies and services to help them reduce utility consumption and save even more money on their electricity, gas and water bills.
This partnership is a blueprint that will enable the companies to lead the market and offer the most competitive deal to customers in the form of the combined utility deal.
Jo Dow, Chief Executive of Business Stream, said:
“This is an innovative, triple utility offer designed to appeal to SME customers, enabling them to save time, money and effort. This new partnership makes it easier for customers to buy all their essential utilities in one place and to manage their accounts online at a time and place which suits them.”
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As one of the UK’s leading independent consultancies, Utilitywise plc (AIM:UTW) is advising 30,000 clients, helping them to get the most value from their energy through better procurement and services that allow them to be more energy efficient.
Having grown from a start-up business in 2006 to managing an effective IPO in 2012, Utilitywise understands the needs and concerns of its small, medium and large customers. It works with clients ranging from South Tyneside Bowls and Social Club and the University of Bradford to FTSE100 BAE Systems and AstraZeneca.
Utilitywise aims to debunk the myths that exist around utilities and support businesses across the UK to spend less time worrying about utilities so they can spend more time running their companies. In 2016 Utilitywise was named an OEM partner by Dell as part of a joint strategy to introduce Internet of Things (IoT) Building Automation solutions to customers.
Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit: www.utilitywise.com
For more about Utilitywise’s partnership please visit: www.utilitywise.com/business-stream
About Business Stream:
Business Stream is the largest operator in the Scottish non-domestic water market. Its most recent profit before tax was £31 million from revenue of £320 million. Headquartered in Edinburgh, it also has offices in Glasgow and Worthing, and employs around 250 staff.
Since retail competition was introduced to Scotland in 2008, Business Stream has saved businesses and public sector organisations more than £160 million and helped them conserve more than 24 billion litres of water. These benefits include £53 million in water efficiency savings, more than £99 million in discounts and £7 million in energy efficiency savings.
The company is a wholly-owned subsidiary of Scottish Water with its own board and independent management team. It was formed in 2006 with the goal of providing a first class service for business customers on the opening of the competitive market.