How Businesses Can Save Money On Water
When trying to cut costs, businesses tend to focus on the more obvious, such as reducing energy consumption.
It’s important for businesses to keep costs under control. Many overlook the saving available when switching business water, or even just paying closer attention to usage.
Businesses have been able to switch water supplier for several years, but it isn’t yet common knowledge.
Businesses can now switch their if they don’t feel they are getting the best rates, just like energy market. The main difference is that as more water suppliers enter the market, the more competitive pricing will be for businesses.
With Love Energy Savings, business owners can now often compare their water costs across the market. We help businesses find out how much they could save on their water costs.
Many businesses across the UK can switch business water supplier in the same way that they can switch their energy supplier. This allows companies to save money by reducing their overall water bill.
Since 2008, businesses in Scotland have been able to either switch water supplier or renegotiate the terms they already have. England followed suit in 2017, allowing business owners to switch their water supplier. Businesses in Wales have a more complicated situation. If your business is based in Wales, you can only change supplier if you use more than 5000m³ of water in a year.
One caveat applies to all the nations of the UK. The premises must be primarily used for business purposes to be able to switch water suppliers. This means that many businesses that operate from home do not qualify.
Switching water supplier isn’t just about saving money. While it is likely that you will be able to save money by switching, there are other benefits. At Love Energy Savings, we help you get the best deal on your water – beyond just the price.
Some business premises struggle to increase water efficiency. On top of this, some could be overcharged by up to 65% on their water bills due to factors such as location and size.
A business water audit explores water efficiency and provide recommendations which could save money. A comprehensive water efficiency report will be provided to help you take steps to become more efficient with your business water.
When you switch with Love Energy Savings, we provide you with a professional water audit that will include an inspection of usage and consumption, drainage, return to sewer and sanitary checks. If your business spends over £1000 on annual energy, we’ll provide this service at no cost.
When you switch water suppliers, you can fix your new rates for up to three years. Fixed rate contracts are usually beneficial as they make your payments predictable, so you don’t need to worry about price fluctuations or changes.
If you have more than one business site, you could select one supplier for all your premises to streamline your bills and make them easier to manage.
Lower energy prices should not be overlooked. Switching to another supplier can often reduce the prices you pay. Changing water suppliers could save you as much as 12%.
At Love Energy Savings, we can help you find a suitable water supplier and contract for your business. The process is easy to complete and only takes a few minutes; simply get a quote, select the best deal for your business and we’ll do the rest.
We’ll organise a smooth transition from your old supplier to your new one and we’ll keep you updated and informed every step of the way.
Get your free business water quote today to find out how much you could save with Love Energy Savings.
As the market is very much still in growth, there are not as many suppliers as you may expect. This will likely change if the coming years, providing a more competitive market and better prices for businesses.
Here are the water suppliers available in 2021:
Besides these suppliers, there are a myriad of smaller suppliers and providers. Businesses are not longer required to use the business water supplier for their local area.