What makes a perfect water supplier?

Opening up the competition for water means there are more things to consider, however they can help your organisation. We take a look at what makes a perfect water supplier.

Posted on Oct 05, 2017

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We ask our Water Analyst Matt Hull - What makes a perfect water supplier?

"When considering water competition, the most referenced benefit is the potential for a reduced unit price. Although we are expecting a small price reduction, we anticipate the greatest benefits to come in other forms.

The bad news is that most retail suppliers estimate switching retail supplier will achieve a unit price saving of less than 5%. In order to compete for your business, suppliers will also look to give savings in other forms. The greatest achievable savings are through increasing the efficiency of your current consumption; suppliers estimate that 25% consumption reductions can be achieved across many site portfolios by fixing leaks and using more efficient equipment. Improving monitoring and using automatic meter logging to highlight waste and leaks will also play a part.

Additional savings can be achieved through making water invoices easier to process e.g. consolidated billing, and hence reducing the admin costs which processing water invoices attract. Some sites currently receive different invoices for their drinking water and sewerage. Using a single supplier for both should ease account management significantly and could halve the number of invoices.

Many customers have also complained about the customer service with their current supplier. Competition should drive improvements from retailers, with the best being rewarded by a growing customer base."

Our Water Services

Much like your energy supply you now have more choices when it comes to water and we want to support you. We can help with procurement, monitoring your water portfolio and much more. You can view our services here and if you would like to speak directly with a member of our team about how we can help your organisation reach out to us below.

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