How Do Businesses Compare Water Suppliers Using Online Comparison Tools
Did you know Scotland’s Water Market was deregulated in 2008, allowing businesses to Switch Suppliers.
So, businesses in Scotland can Switch Water Suppliers.
Scotland was the first country in the world to open its non-domestic Water Retail Market to competition, allowing businesses to choose their Water supplier. This means that businesses, charities, and public sector organisations can select a Water retailer that best suits their needs and reduce their water and wastewater bills saving money
Followed by England which deregulated during 2017 meaning that businesses, charities, and public sector organizations can also select a Water Retailer that best suits their needs and reduce their water and wastewater bills saving money
Those non household customers that have not Switched Water will pay more on a default tariff.
What is a default water tariff
A default water tariff, particularly in the context of business water supply, refers to the rate a business pays for water services if it hasn’t entered into a specific contract with a water supplier or if its previous contract has expired. It essentially serves as an out-of-contract rate.
Here are some key things to understand about default water tariffs:
Applied when no other agreement exists: Businesses are placed on a default tariff if they haven’t explicitly chosen a water supplier or negotiated a specific contract for their water services.
Often higher than contracted rates: Default tariffs are generally more expensive than rates offered under fixed or negotiated contracts can happen in various scenarios for example,
*A business has never switched from its original water supplier.
*A business has moved into a new property and hasn’t arranged for its water supply.
*A previous fixed water contract has expired without renewal.
*Published and accessible: Default water suppliers are required to publish their default water schemes of charges, which detail how the rates are calculated based on factors like water consumption and meter size.
Impact on businesses:
Businesses on default tariffs may be overpaying for water services, and the retail fees associated with these tariffs can increase annually.
It’s important for businesses to be aware of their water tariff status and to explore options for switching to a fixed contract or renegotiating rates with their current supplier to ensure they are getting the best value for their water services
What are the benefits of switching water supplier?
*Switching can lead to potential cost savings, better service, and more tailored solutions,
*Realising cost-savings through better tariffs made available another water retailer
*Seeking better service levels, which might include improved customer services and more timely responses to your enquiries and more accurate billing if you’ve had issues with your current supplier that could not be improved upon
*Finding a supplier with more expertise or capacity in serving and working with organisations in your industry, or with your specific operational needs
*Taking advantage of value-added services in addition to the core water supply and wastewater services
*Consolidating some or all of your water supply and wastewater services across multiple sites and regions to a single supplier (or at least minimising the number of suppliers used where operational or financial benefit dictates working with multiple retailers is still of benefit)
*When switching water supplier, it’s not uncommon to be able to reduce your water bills by anything between 10 percent and 30 percent , though the location of your premises and the type and volume of services you use have a significant effect on this.
How To Switch Water Supplier
Businesses can compare different suppliers, request quotes, and then choose the one that best fits their needs, there are websites where businesses can Switch Water Supplier and compare the whole market!
Check Eligibility: Ensure your business premises are eligible to switch. Generally, properties primarily used for commercial purposes are eligible.
Determine Needs: Assess your business’s water usage and specific requirements.
Research Retailers: Explore different retailers and their offerings. You can use platforms or comparison websites like Switch Water Supplier.
Get Quotes: Contact retailers you are interested in and request quotes for your water and sewerage services.
Review Offers and Choose: Compare quotes and choose the retailer that best suits your needs.
Initiate Switch: Your chosen retailer will handle the switching process for you
Important notes:
The process typically takes less than a month.
Your water supply will not be interrupted during the switch.
There is a cooling-off period of at least seven days after requesting a switch, during which you can change your mind.
To Switch Now!
For more information about switching water supplier call 03300 552532 or email hello@switchwatersupplier.com