How to take advantage of water deregulation

Essentially, water deregulation refers to the water retail market opening up for business. Prior to April 2017, non household customers were tied into a water contract with their local supplier, similar to how you are with domestic contracts. Since then, the rules have changed. Non domestic customers no longer have to buy their water services from their regional monopoly. They now have the power to shop around and negotiate to find the best contracts and deals for their business. It’s estimated that over one million businesses, charities and public organisations can benefit from these changes.

With the deregulation of business water contracts, there are many benefits. If your business can shop around for its water contract, it’s likely to lead to lower bills and better services. Suppliers are now competing for you to choose them. So, your business is likely to see lower rates as well as new offers and bundles from suppliers. Also, if you’re unhappy with the service you’re receiving you can switch, meaning that suppliers are more likely to improve their services.

With the support from our team of experts, you’ll be in the best position to renegotiate your deals when your contract is about to come to an end. Open Water, the body the UK government set up to deliver the water market, estimates that the deregulation of the water market will deliver around £200 million of benefits to businesses and the UK economy. Renegotiating your deal towards the end of your contract is a great way to keep your water costs low.

If you’re paying higher for your water consumption than you should be, you can switch suppliers to find a deal that works better for your business. Our experts can look at your water consumption and use their market analysis to find your business a better deal.

If you’ve got lots of sites up and down the country, it may have been difficult to manage water bills with different suppliers for each site. Now, with water deregulation, you can choose one supplier to cover every site. This is a great way of streamlining the billing process and get rid of the admin struggles that come with the different sites. You could choose the same supplier and just have one bill instead of multiple.