How to save water costs for your business
Electricity and gas bills are much larger than water rates. However, saving water can still significantly help to reduce utility bills.
Water has an economical as well as an environmental cost. Businesses are becoming more aware of their usage, having a greater impact on the bottom-line and CSR efforts.
We have compiled simple steps you can take to make sure you're not overpaying for business water. The water you consume will depend on the size and nature of your business. Whatever your circumstances your business can become more water-efficient.
Top tips for saving water
There are many ways you can reduce the water you use. We recommend a brief ‘water audit’ to understand your usage.
A smart water meter can help with this. If you do not have a smart water meter, or you cannot locate it, refer to recent a water bill. Offices and shops are easy to audit, only using water in the bathroom and kitchen areas. Workshops, factories and restaurants get a little more complicated.
The idea is to understand where water is being used and how. Check with your colleagues if they have noticed any issues with water. It important to make sure there are no leaks or issues with water pressure. Addressing these problems can instantly help you to save on your bills.
Engaging your team to be mindful is essential. Signage in critical locations at your workplace to help everyone remember to be efficient. Reminders to turn taps off and run the dishwasher on full loads goes a long way.
How to reduce water bills
Here are some bigger changes to reduce water consumption in the workplace:
- Water displacement devices in the toilets will reduce the amount of water used when your employees flush.
- Water containment or butts which allow you to conserve rainwater, reducing your dependency on tap water. This will provide huge savings.
- Installing motion sensors or lever taps on sinks will eliminate the risk of being left on.
Consider providing guidance or training to your employees about the role they can play to conserve water.
You can use your water meter to monitor your efficiency progress.
What suppliers are available
Many businesses are unaware that it is possible to switch water supplier. Up until recently, only companies that used over 5000m³ of water per year were eligible to switch. Since 2017, all businesses in Scotland and England are able to switch supplier. However, most SMEs in Wales are not able to at this point.
The suppliers available depends on your location. You can check online for licensed business water suppliers in your area.
How to switch
Switching water supplier is easy if you have dedicated business premises. To switch, you must be responsible for paying your bills directly. 200,000 businesses in England and Scotland have already switched and saved. You can have multiple suppliers for both commercial water supply and wastewater.
Households are not able to switch water supplier. This means any home-based business are not able to switch.
Before switching, make sure you have a recent bill handy. This will help you provide your usage and price. You can compare this against your business water comparison results.
To switch to a new supplier, you can use an online utility broker. You can switch directly but it will take longer to contact each supplier for a price.
It should take no more than a month to complete the switch. If you choose to use Business Energy to switch water, we will take care of everything for you.
What are the benefits of switching water supplier?
The main reason you switch water supplier is obvious. Cost and reducing outgoings can help improve cash flow. Businesses using lots of water will likely see the largest savings, and have more power to negotiate price.
Average water rates
Water rates in the UK depend on your supplier, region and the size of your business. The market is not as competitive as the energy market. It is still dominated by a small number suppliers. As more suppliers enter the market, it is projected that water rates will fall.
Business water customers are charged separately for the tap water and sewerage water. They pay a standard fixed price, on top of their unit rate.