How can I make the most of water market deregulation?
In times of constant transition, it can be difficult to keep up with changes in legislation that could help meet your energy and cost reduction goals.
In one of the biggest changes in a generation, water market deregulation came into effect in April 2017.
Many non-domestic customers are no longer restricted to their local supplier, opening up the market to a variety of new choices for water supply. Businesses will now be able to shop around for the best rates and have the ability to negotiate a deal that suits their needs.
The move to a deregulated market represents a significant opportunity for savings and also means additional benefits for larger business customers:
Improved customer service: competition for business should drive a focus on service and the customer experience. Many companies unhappy with their current service levels now have the opportunity to make a switch.
Bundled utilities: many customers will use one supplier for their current electricity/gas supply, with a view to obtaining reduced tariffs. Deregulation gives the option to include water supply within such deals, as well as the opportunity to fix utility costs for the same periods of time.
Portfolio management: Many multi-site businesses will currently be invoiced on an individual basis by separate water suppliers. Utility and finance teams can now look to negotiate with one supplier and utilise a single point of contact. Customers who expand into additional premises may also choose to migrate to their preferred supplier, once any existing contract has expired.
Choice: businesses of all sizes can choose the right deal for them and have the option to fix or implement a flexible solution.
The ability to shop around represents an opportunity to search for the best deals. Water deregulation can also be the catalyst for a renewed focus on water consumption.
SSE Enterprise Energy Solutions currently helps a large number of customers understand their electric, gas and water usage using a combination of visualisation software, energy audits and analytical services based around remote energy management. There’s an old saying within the industry that “you can’t manage what you don’t measure” and water consumption is a great example of this, as it’s often considered a low priority despite relatively high supply and waste costs.
There are a number of ways we can assist you with tracking and reducing your water consumption:
Visibility: Visibility of consumption trends and peaks in usage is an essential part of understanding water consumption. We can help you = identify the largest areas of water consumption across your estate and periods of peak usage.
Risk: Given the nature of water distribution, it is often difficult to identify faults in infrastructure, with leaks being a prime example of a fault that can costs hundreds of pounds. Collection of half-hourly data allows identification of unexpected peaks and can help to locate problem areas. Exception alarms can be used to notify you of increases in usage and can be sent directly to your inbox.
Costs analysis: The ability to overlay tariffs helps to track expenditure and ensure your consumption is optimised against agreed rates.
Identify opportunities: By accurately tracking and reporting on water consumption, it’s possible to identify areas for improvements. Once saving measures have been implemented, it’s possible to track their performance and reporting services can offer details of return on investment.
Time/resource: We can act as a remote energy manager across your portfolio, freeing up time and providing a dedicated resource to focus on consumption.
Our visualisation software can be used as a self-managed platform or as Software as a Service when combined with analytical and reporting services.