Commercial Water Explained
At Entech Commercial , we endeavour to provide all our clients a comprehensive energy management and consultancy service for their business utilities – now when you hear this your first thought may be that we can only secure savings on your business gas and electricity bills... but did you know that we are also able to offer reduced costs for your commercial water usage as well?
Our strong TPI relationship with one of the UK’s top independent water retailers allows us to offer your business favourable rates with unbeatable service.
Water utilities manage the treatment, distribution, and disposal of water. For businesses, proper water management is vital to ensure operational continuity, cost-effectiveness, regulatory compliance, sustainability, and risk mitigation. Water can be a significant operational cost for many businesses. Efficient water management practices, such as reducing water usage, recycling, and optimizing processes, can help lower costs and improve profitability – however this can be made simpler by switching your water supply to an independent retailer that not only improves your cost management, but also cares about you as a customer and provides better service quality, reliability, and customer support.
There are many businesses in the country that have never been made aware that it is more beneficial to switch from their default water retailer. Back in 2017 England’s water market was deregulated which in turn allowed all non-household customers in England to shop for better prices and better services, however there are still over 40% of businesses in the country that are unaware that they can shop around and switch their retail supplier.
If you have not switched water suppliers since the 2017 deregulation then your business will have remained with the default retailer assigned based on geographical location. By switching supplier, customers can save an average of £485 on their business water bills over a 3-year contract, therefore it is time to get out of paying those out of contract rates and see how much you can really save!
Now you may be wondering, ‘Can I really save that much simply by switching water retailer?’. If so, let us break down exactly how a water bill is calculated and why it is a strategic move for your business to consider switching. The business water market can be confusing as even if you switch retailer, part of your service continues to be provided by the ‘wholesaler’ water distribution company. You then have a choice of ‘retail provider’ – this is the Water Supplier that looks after you, your bill and all customer facing services.
As mentioned above, If you haven’t yet chosen to switch retail provider, then you will be with a default provider based on your location which is displayed in the table below:
Your water charges combine both the wholesale rates (which cover the cost of treating and transporting water and wastewater) and retail rates (which cover your service costs). Your wholesale rates are fixed by the wholesale in your respective region and are only adjusted annually, but you can shop around for the best retail rates. The fixed wholesale rates you pay are reviewed from year to year, but they are subject to regulation by Ofwat in England and the Water Industry Commission in Scotland.
Entech Commercial can provide your business with a quote and arrange for you to switch to a better deal quickly and hassle free, without any need for you to contact your existing retailer. Whether you are already a client working with Entech or a new customer that is looking to find cheaper alternatives for your utility bills, we will be happy to send you the quote information from one of the UK's leading water retailers that can offer you favourable rates at unbeatable value. If you choose to capitalise on the savings offered to you, your designated Account Manager will handle the whole process to ensure there is a smooth transition to start your business benefitting from the best deal possible.
If your business spends over £1,000 on your annual water bills, we can also offer a free business water audit when you switch your business water with Entech. A water audit offers a strategic and overall view of how your company uses water. A report will be presented with steps that can be taken to reduce the cost of your water bill by improving water efficiency, further enforcing how much can be done to reduce your utility costs.
If you are wondering how much you can save on your business’s water usage, get in touch with Entech today and we will be more than happy to send over an affordable quote for any of your business utilities – the time to reduce your commercial water bill is now.