Water and energy adviser, Inprova, has published a free guide to help manufacturers and engineering firms prepare for water market deregulation in England this year.
From 1 April 2017, all non-household customers in England will be free to shop around for their water, just like any other utility. Instead of buying water and wastewater services from a local regional monopoly, businesses will be free to choose between different retailers, which opens up the potential for saving money and getting better service
There will be no changes to the wholesale market, so existing regional water companies will remain responsible for water quality and the infrastructure that delivers water to a site and removes waste water and drainage.
In Scotland, where the retail water market was deregulated in 2008, some businesses have seen their water bills fall by 25 per cent.
While savings of that magnitude won’t be available following England’s market reform, there are many good reasons for manufacturing and engineering firms to consider switching suppliers.
“Whilst water market reform will offer direct tariff cost savings for some sites, the greatest benefits are likely to come from improved service levels, consolidated billing and water efficiency, all of which can deliver considerable savings,” said Mike Lee, Water Services Manager.
“With potential cost savings on offer and the prospect of simplifying administration, plus other value added opportunities, it is sensible for businesses to explore the opportunity sooner rather than later so that they can realise the benefits immediately.”
The guide seeks to answer the most pressing questions businesses are asking about water market reform. It offers advice on the practicalities of deregulation, as well as tips on how to prepare for and make the most of this new era of competition.
Download the free guide ‘Water Market Deregulation in England: Your Top 10 Questions Answered’.
