Should I consider a water audit?
If you’ve noticed an uptick in your business water bill but haven’t increased water usage on your business premises, a water audit can help you get to the bottom of the problem. By conducting a water audit, you can protect your water supply, identify opportunities to reduce your business water bill and, in turn, become a more environmentally friendly organisation.
A water audit is the assessment of how water distributed throughout your organisation is authorised, metered and billed. This is done by identifying how often water usage takes place and where in your facility water is used.
At this time, you can also monitor your water meter — if you notice unusual activity, unnecessary charges may be taking place. Once you review your meter and get an understanding of your current maintenance practices, you can get a better understanding of how your current water usage impacts your business water bills.
If the outcome shows that your current water retailer is costing your company money and impairing its ability to remain a water-efficient organisation, it may be time to explore different water retailers who can lower your annual water bill and contribute to a more water-efficient business plan.
The benefit of switching suppliers
Once you’ve compared business water suppliers, you may notice there’s an opportunity to improve overall efficiencies at your company. Some of the benefits that come with making the switch include:
1. Saving money
The most obvious reason to change water retailers is to save your business money on your water supply bill. Thanks to water deregulation, an abundance of newly licensed suppliers are available to work with businesses and offer competitive rates. In fact, switching suppliers can save your business up to 20% on its water and wastewater bills.
2. A more innovative approach to water supply
Newly licensed suppliers have done their research to find new and innovative ways to provide their customers with relief on their business water rates. That means your business will not only save money on your business water bills, but you’ll also benefit from improved customer service experiences.
3. Improved water efficiency
New suppliers are in the business of consolidating and simplifying water bills, so you’ll also benefit from overall improved business efficiency. Gone are the days of rummaging through various bills — a new supplier can mean a more organised, simplified process.
4. Secured water suppliers
Because of the scarcity of water supply in the U.K., making the switch and securing your business water services now will benefit you in the long run.
How do I compare business water rates online?
Comparing your business water rates online is simple and will give you all the information you need to understand whether you are currently getting a competitive deal from your current water supplier or whether a better deal exists on the market.
To compare business water rates online, all you need is to provide the following information allowing each water supplier to quote for a supply agreement with your business:
3. Contact Number
4. Business Name
5. Business address
6. Supply point identification number (SPID)
*To find out more about the SPID number and how to locate it, click here.
Why should I compare business water in England and Scotland?
Water deregulation came into action in 2008 for Scotland and 2017 for companies in England. The deregulation has been designed to encourage competition in the market and allow businesses that shop around and get more competitive business water rates.
As the market opened in England it provided businesses with a wider range of business water suppliers access to the market allowing more choice in finding your preferred water rates.
The benefits of switching supplier are not just saving money but include improved customer service, improved water efficiency and a wider, more flexible, choice of water contracts to suit your business.
One of the top reasons for switching water suppliers is poor customer service. The newer business water suppliers that have entered the market since 2017 often provide smoother, highly efficient customer service processes. These more advanced processes allow you to resolve issues and other complaints far quicker.
If you are looking to compare business water rates today, fill out our simple form here.