Ahead of the official launch date, SES Business Water has secured around 24% of all pre-switch requests from businesses across the country, from large businesses looking to consolidate their portfolio under one national retailer to small local businesses wishing to avoid separate water and wastewater retailers. Over the 14-day pre-switching period between 6th March and 24th March, SES Business won approximately 1,800 customers.
The pre-switching window opened on 6 March and closed on 24 March, during which MOSL processed some 10,969 transactions – around approximately 7,500 customers.
SES Business Water is the sister company of SES Water (formerly known as Sutton and East Surrey Water) and created in response to changes in the business water market.
SES Business Water has pioneered the development of wholesale tracking products, giving organisations access to wholesale market prices along with a single clear service fee. The retailer said this provides “transparency and peace of mind to organisations looking for confidence that they have secured the lowest prices in the market.” The Wholesale Tracker PlusTM product can also offer businesses a viable alternative to self-supply, avoiding the admin-intensive processes and working capital required to acquire a licence.
SES Business Water managing director Giuseppe Di Vita commented:
“Organisations are actively seeking out different products and solutions and engaging with retailers to discuss what their options are in an open market.”
“Businesses requesting to switch before the commercial water market opens is a good indication that many will seize the opportunities that it presents. The more we can engage businesses in the benefits of the open market, the more we can help them to manage their overheads by taking control of water costs.”