The water market in England is deregulating, giving business the chance to tap into savings and other opportunities. Here’s how it will affect your organisation.
A new pioneering asset management research report commissioned by the UK water industry says that UK water companies will need to significantly increase infrastructure investment – with significant implications for customers’ bills. The report is warning that the estimated effect the additional investment will have on bills will be an…
Read More
A brand-new water retailer – Tor Water – has applied to Ofwat for a water supply and sewerage licence. Tor Water is a privately-financed limited company, based in Exeter, which will focus on the South West of England and seeks to provide an “unsurpassed level of customer service at a…
Read More
More than a dozen workers at the Wrexham-based Dee Valley Water company face losing their jobs after its £84m takeover by Severn Trent. The new owners have undertaken a review and feel there are “areas of duplication” and are, so far, unable to find alternative roles for 14 people. Concerns…
Read More
Ofwat has flagged up the need to take account in the upcoming 2019 Price Review of the dual risks that some companies may not be adequately considering resilience, whilst others may be proposing a gold plated level of resilience and driving inefficient expenditure. The warning comesin the Minutes of the…
Read MoreEnergy brokers have maintained their influence on business contract choice but views on them are “more negative than positive” among businesses. That’s according to new research released by Ofgem, which aimed to find how micro and small businesses – up to 49 employees across their sites – engage in the…
Read MoreWhat are the Challenges Facing the Retail Water Market? The opening of the retail water market in the UK on 1st April 2017 will change the water sector on a fundamental level. This will enable most businesses to choose their own suppliers, which will present those suppliers with both opportunities…
Read More
Anglian Water is setting the wheels in motion for almost half a billion pounds of investment in the East of England for the coming financial year. The funds will be ploughed into areas that customers say matter most to them after views were gathered during the company’s biggest ever public…
Read MoreA total of 8,876 business premises have switched water retailers in the first week of the market opening. England opened the world’s biggest retail water market on April 1st, which means more than 1.2 million eligible businesses, charities and public sector organisations can choose who they pay for their water…
Read MoreThere are concerns that the water retail market is on the road to a ‘big six’. Northumbrian and Anglian have announced plans to merge their business retail arms to create Wave. This is the third high-profile merger seen in the sector. Following electricity deregulation, the supplier pool diminished as the…
Read MoreBusinesses will save £200million a year on their bills according to water regulator Ofwat, as the biggest shake-up of the water sector since the 1989 privatisation of the market comes into force this week. Ofwat says that injecting competition into the business market will reduce costs, as well as the…
Read More
Subscribe to our newsletter for free energy and water saving tips, market news, and updates from Utilitywise plc.
To experience the Utilitywise website correctly please update your browser. Update my browser now
