Are business water rates higher than households?
Indeed, our research has revealed that when comparing the business water contract for an average household to the best business water supplier for an equivalent business property, the default business water rates are, on average, 18% higher.
These default business water rates are based on the assumption that a full business water market has remained with the initial water supplier allocated during the 2017 deregulation. Furthermore, these rates increase annually above the inflation rate.
Businesses have the potential to reduce their business water rates by up to 20% by transitioning to alternative contracted rates provided by different commercial water suppliers.
To determine if your business can achieve savings, switch and compare business water suppliers now.