Water deregulation could lead to great savings for business – chronicle live

That’s the message from cost management firm Great Annual Savings Group (GAS), which predicts that businesses could shave thousands of pounds off their utility bills – if they prepare well for the changes in advance.

In April 2017, commercial customers in England will be able to choose the best supplier for their needs, regardless of where their premises are located. Electricity recruitment 2015 This is a radical move away from current practice, where companies get their water and sewerage services from a single provider located nearby.

Bradley Groves, chief executive and chairman of Great Annual Savings Group, said: “Deregulation will have a significant impact on the business community.

“Now is the perfect time for companies to start carrying out audits of their water consumption so that they’re in a position to take advantage of the best deals when they become available.

“Some companies mistakenly think that they need to wait until next April but by then some of the best deals will have been advertised and snapped up.”

By allowing companies more freedom to choose which supplier they use, it could also lead to significant cost-savings across the business community – as it seems to have done in Scotland, which in 2008 became the first country in the world to have a deregulated water market.

Business Stream, the arm of Scottish Water that deals with business and public sector customers, claims that in the six years following deregulation it was able to cut £100m from customer bills.

Open Water, a body set up by the UK government to deliver a competitive market, estimates that deregulation in England will deliver around £200m of benefits to business customers and the UK economy.

Satisfied customer… Gas stoichiometry Van Elle has established a reputation for delivering high quality piling and ground engineering solutions throughout the British Isles and overseas

GAS, which helps businesses find ways of reducing their running costs, said the move would provide firms with the ideal opportunity to save significant amounts of money, although they needed to start preparing for the changes now.

Mr Groves said: “Deregulation of the water industry presents a fresh opportunity for companies to make significant savings when it comes to managing their utility costs.

“In the post-deregulation era, companies that operate in multiple locations can use just one supplier rather than several,” said Mr Groves. Power in costa rica “Also there’s more incentive for suppliers to provide a better service because they know that customers can switch supplier at the drop of a hat. Gas prices under a dollar Water companies will be compelled to make customer care a priority and provide best-fit solutions for all of their users. Gas after eating fruit Failure to do so will inevitably result in lost customers and revenue to the competition.”

GAS specialises in negotiating the best possible tariff on water rates and a range of other variable running costs, including telecoms, energy management, office equipment, private healthcare and insurance.

So far this year the company has helped firms make millions of pounds of collective savings on energy bills, where the market already works in a deregulated way – which gives some indication of the opportunity about to present itself in England’s deregulated water market.

In partnership with BQ magazine, Great Annual Savings Group (GAS) is hosting a special event about the deregulation of the water industry in England on Thursday, October 27 at the Ramside Hall Hotel in Durham. Gas density formula Entitled “Water great way to save money: what businesses need to know about water industry deregulation”, the event will feature keynote speeches from senior experts in the water industry. Z gas ensenada telefono Guests are invited to arrive at 8.30am for a 9am start.

• For more information about the event, or to book your place, contact Adam Brown, marketing and communications manager at GAS on 0191 500 5700 or email communications@greatannualsavings.com

Dan Smith, Head of Energy at Great Annual Saving Group, answers your questions on deregulation Q: What will deregulation mean for businesses?

A: Overall, it’s a good thing. Electricity distribution vs transmission It removes the monopoly that the current suppliers have on the market, which will give companies much more choice over who they use.

Deregulation generally has the effect of increasing competition and that’s a good thing, as shown by the deregulation of the UK gas and electricity markets a few years ago. Quadcopter gas engine Now companies don’t necessarily have to go to one of the “Big Six” and can choose from a myriad of suppliers.

Deregulation of the water industry in Scotland has also been a success. 4 other gases in the atmosphere Despite slow take-up initially, companies have cottoned on that it’s good practice to scour the market and switch supplier from time to time.

People have asked why the England water industry hasn’t been deregulated before now and they have point. Grade 6 electricity experiments Political instability has probably been a contributory factor; there have been several changes of administration since Tony Blair stood down as Prime Minister in 2007.

Perhaps there’s also a fear that introducing deregulation when the economic outlook is uncertain could have an adverse effect on the markets. Electricity notes class 10 pdf Q: What are the key changes?

Other than that, there shouldn’t be too much to worry about. Gas mask bong review Water will still come through the same pipes and supply will (or should) be uninterrupted. Gas variables pogil In the months and years following deregulation, more retailers will probably come onto the market, although many may wait a while to see how the effects of deregulation play out.

The biggest changes will undoubtedly be a reduction in costs and an improvement in service quality. Electricity voltage in norway Retailers will have to do more to look after their customers due to increased competition in the market. Maharashtra electricity e bill payment Q: What are the expected benefits for businesses?

A: As well as the cost and service benefits mentioned above, companies will be able to use the same retailer to look after their satellite offices around the country. Gas vs electric dryer This isn’t possible in the current climate; a company with sites in Newcastle, Edinburgh and East Anglia has to use three different suppliers who operate in those areas.

Using one retailer across multiple sites also significantly reduces the administrative burden for companies. Storing electricity in water In the post-deregulation era they’ll receive one bill which covers all of the sites, rather than one bill for each site. M gasol nba Q: What should businesses be doing to prepare for the changes?

They should be analysing their water consumption now and understanding how much and where across the business it is being used. Arkansas gas tax Only then will they be in a position where they can take action to minimise their outlay.

This means that companies need to be conducting their internal cost audits now to make sure they’re in a position to take advantage of the retail prices as soon as the best deals have been released. Electricity voltage in india Q: How can using a professional cost-reduction company help?

A: Using a reputable company such as Great Annual Savings Group can reduce costs and hassle and free up time for busy company owners to run their business.

We can carry out water audits and identify potential cost savings now, which means that we’ll be in a position to negotiate the best post-deregulation deals for customers as soon as they’re available. Gas news Q: Are there any negatives associated with deregulation?

A: There’s nothing bad about deregulation for companies unless they do nothing. Elektricity club If they just stay with their current supplier without investigating other possibilities, other companies will jump ahead of them and grab the best deals. Electricity electricity schoolhouse rock By taking action, companies could potentially save significant amounts of money.

Vic Handley, group director at Van Elle said: “Working in partnership with Great Annual Savings Group to assess our water costs has proved to be really worthwhile for us at Van Elle Limited.

“GAS looked at the current rate we were paying and approached the market to find a better deal. Geothermal electricity how it works “When they told us they could take £612 a year off our bills we were happy to sign a contract.”