Getting the most from your business water
Controlling daily operational expenses is crucial for business success.
One expense that can eat away at profits is monthly water bills. With the right strategies, including using the correct business water supplier, UK businesses can reduce costs and boost their bottom lines.
This article will explain how to decode your water bill, as well as how regular audits and switching business water suppliers can increase your profits.
Decoding your water bill
Knowing how to read your business water bill is the first step in helping you reduce costs.
- Water consumption: Regularly check your water meter readings and ensure they correspond with your water bill. Look for discrepancies which may indicate leaks or inaccurate water readings.
- Charges: Check that the base charge indicated on your business water bill is correct. Additionally, ensure the water and wastewater services charges are correct, as per your water services contract.
- Taxes and levies: Ensure that your monthly utility bills show the correct taxes and levies. Some business water suppliers may charge you an environmental levy to fund region-wide water conservation projects.
- Discounts and incentives: Check if you qualify for discounts or rebates for implementing water-saving strategies or reaching water consumption targets. If so, ensure your commercial water supplier indicates these discounts on your bill.
- Billing frequency and payment: Contact your supplier to confirm when your bill payments are due. Sticking with this payment schedule helps streamline your finances, keep your payments up-to-date and prevent penalties.
Could an audit save you money?
Water audits can help you save water and money in the following ways:
- Identify leakages and waste: Your supplier can install leak-detection devices to help identify hidden leaks. Undetected leaks can lead to wastage, which increases monthly water bills.
- Water usage patterns: A water audit can help identify peaks or drops in water consumption, allowing you to determine when and where you can optimise water usage.
- Recommendations for improvement: Many providers can recommend ways to improve the efficiency of your business water supply. This can include installing low-flow fixtures or water-saving technologies to reduce unnecessary water consumption.
- Compliance with regulations: Regular audits ensure your business adheres to local, regional, and national water regulations. Complying with these standards helps companies avoid penalties and fines.
- Potential savings: Implementing the various strategies suggested can help you reduce consumption and utility bills. Improved water efficiency can help decrease energy consumption and your business’s carbon and water footprints.
When switching suppliers makes sense
Switching business water suppliers is one of the easiest and most effective strategies to reduce water bills. However, knowing when to make the switch is vital.
It is in your business’s best interest to switch water providers when you are paying too much for your current water bill.
Compare business water suppliers and find one that offers the best business water services. Also, opt for a provider with the best business water prices, water-saving strategies, and customer service.
Inform your new and current provider of your intention to switch business water suppliers. Then, cancel your existing business water contract and enjoy better business water deals.
Final thoughts
Optimising your business water consumption can help reduce monthly utility bills.
You can reduce consumption and boost profits by analysing your water bill, doing regular water audits, and switching business water suppliers.
