Why Is Water Bill Validation So Important For Business Water Customers?
Whether your business or organisation has Switched Water Supplier or not, ensuring your Water and Wastewater bills are correct before payment is crucial.
As any errors that are on Water Bills now will often get carried forwards on future water bills.
For Business Water Customers the overcharging going forwards unchecked can be substantial.
So Water Bill Validation is an absolute must to ensure your business is not overcharged, or indeed undercharged,
And in the case of undercharging Water Retail Companies can back charged as far as 16 months, or up to 6 years dependent on the reason for the back charge.
Water bill validation is crucial for business water customers because it ensures accuracy in billing, identifies potential cost-saving opportunities, and helps businesses avoid overspending on water and wastewater services.
By validating bills, businesses can verify they are being charged correctly for their actual water consumption, including volumetric charges, fixed charges, and other fees like surface drainage and trade effluent. This process helps in detecting errors, securing refunds for overpayments, and streamlining costs, ultimately contributing to financial efficiency and sustainability.
Here’s a more detailed explanation of what it entails:
Bill Review:
A detailed examination of your current and historical water bills, including volumetric charges, fixed charges, surface drainage, and trade effluent charges.
Rate Verification:
Checking that the correct water rates and tariffs are being applied based on your location and consumption.
Consumption Analysis:
Evaluating if your water consumption matches your site’s needs and identifying any potential leaks or anomalies.
Water Billing Data Correction:
If errors are found, a Water Bill Validation service can help with Water Billing Data Correction. and reclaiming overpaid amounts, and reducing charges going forwards, Water Billing Data Correction is directly associated with Water Bill Validation
Ongoing Monitoring:
Some services offer continuous monitoring of your bills to ensure ongoing accuracy and identify new issues as they arise which they will if the bills are not validated on a continual basis.
Why is it important?
Cost Savings:
Water bill validation can uncover errors and overcharges, leading to significant cost savings on your Water Bills going forwards and historical refunds due to overcharging which can result in rebates back as far as 13 years.
Accuracy:
Ensures you are only paying for the water you have actually used and that you are on the correct tariffs.
Peace of Mind:
Knowing that your bills are being regularly checked by Water Industry Experts can give you peace of mind and save you time and effort.
Leak Detection:
Can help identify Water leaks on your site by analysing consumption patterns.
Sustainable Practices:
By optimising your Water usage, Water Bill Validation can contribute to more sustainable business practices.
How can it be done?
Internal Review:
You can attempt to validate your bills yourself, but it can be complex and time-consuming and does require Water Audit Experts to complete sometimes complex tasks
External Services:
Many companies offer water bill validation services. These services typically employ experienced consultants who can thoroughly review your bills and provide expert advice.
Water Consultants:
Consider hiring a Water Consultant specialising in Water Bill Validation to ensure accuracy and potentially identify significant savings.
All in all, it helps Business Water Customers manage costs effectively and secure refunds for billing errors. Regular validation supports financial savings and sustainable Water Management practices.