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When discussing utility savings, electricity and gas tend to take priority for most businesses, as these costs are significantly higher than water. However, with a simple and time-effective water management strategy, businesses can achieve quick and tangible savings.
The water market in England and Scotland is now deregulated, meaning businesses in these areas can save money through both reduced consumption and lower water rates. With wholesale water prices set to rise by an average of 20% from April 2025—and some areas facing increases of up to 50%—now is the time for businesses to review their water costs and take action.
Business Benefits of Water Savings
- Lower water consumption and reduced rates have a direct positive impact on business profit margins.
- Fresh water is a valuable resource, and businesses using less contribute to environmental sustainability.
- Reduced water consumption lowers the greenhouse gases emitted during water collection, treatment, and supply.
Supplier Service Levels and Historic Overcharges
Historically, businesses were served by monopoly water and sewerage providers, leading to poor software systems and inaccurate billing. As a result, many businesses have unknowingly overpaid for water services. By conducting a billing and consumption analysis, companies can identify potential historic overcharges and claim refunds for excess payments.
Reducing Water Rates
Once historical charges have been validated, businesses can tender their water supply to secure competitive rates. With over 20 suppliers covering England, Scotland, and Wales, a water tender can provide:
- Savings of between 5% and 15% on rates.
- A single supplier and invoice for multi-site businesses, streamlining cost management.
- Additional service benefits such as dedicated account managers, online billing, and smart meters to help monitor and reduce water usage.
A Complete Water Management Solution
A comprehensive water management approach includes:
- Ensuring no historic overcharges.
- Minimising rates through supplier competition.
- Maximising cost visibility by consolidating suppliers.
- Monitoring consumption to identify and eliminate future waste.
With upcoming price increases, proactive water management is essential for cost control. For further information on how to minimise your business water spend, contact hello@gleg.co.uk.