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Water: The Overlooked Utility in Business Operations
The Importance of Water Deregulation
In 2017, England’s water market was deregulated, allowing businesses to choose their water supplier, just as they do with electricity and gas. This gives organisations the ability to shop around for better rates, consolidate billing, and even improve service levels. Yet, many organisations are still unaware of this opportunity or have not taken action to switch suppliers. Research shows that more than 40% of businesses have not taken advantage of deregulation, leaving their bills unchanged for years.
For those organisations, staying with the same provider could mean overpaying for services and missing out on more tailored offerings. Water procurement may seem like a minor utility to focus on, but even small inefficiencies can add up to significant costs over time.
Water Management and Sustainability
Water is not just a utility but a key player in your sustainability strategy. Managing water usage efficiently can significantly lower your environmental impact, helping your organisation meet its sustainability targets while also driving cost savings. Efficient means not only using less but using it smarter — through leak detection, optimising water flow systems, and regular usage reviews.
Additionally, reducing water waste aligns with growing corporate responsibility trends, as many companies are under increasing pressure to meet ESG (Environmental, Social, Governance) targets. By taking control of water management, businesses can showcase their commitment to sustainability, reducing their carbon footprint and improving their public image.
Dedicated Ongoing Customer Service with BP Consulting
Water may not always be top of mind for business leaders, but its impact on both costs and sustainability is undeniable. With the right strategy in place, you can turn this overlooked utility into a source of savings and environmental responsibility. At BP Consulting, we’re here to guide you through the complexities of water management, from procurement to ongoing service, ensuring that you’re making the most of this essential resource.
Don’t let water remain an afterthought in your business strategy. Reach out to BP Consulting today to discover how we can help you optimise your water management and improve your bottom line.