Combatting the price increase in water rates
The move by WICS is designed to protect the water industry from the effects of COVID-19-related bad debt.
Here we look at the reasons the cost of water has increased and ways you can reduce the cost of water for your business.
Why have business water rates increased:
Bad debt accrued by the effects of COVID-19.
Standard wholesale annual price increase to cover the rising cost of maintaining the network.
Ways to reduce your business water bill
Here are a few ideas for reducing your business water bills.
- Compare business water suppliers
By comparing various business water suppliers, you can look at the different rates on offer and switch to a more competitive tariff to ensure you’re paying the best price.
If your business has a deemed rate or is on a default contract, you’re most likely saving considerably by switching retailers.
- Reduce your overall water consumption
Reducing the amount of water you use can help lower the prices you pay on your business water rates. Here are a few ideas you can implement to help you reduce your business’s overall water consumption:
Use a tap aerator. A tap aerator essentially uses much less water by applying air pressure.
Implement a rainwater harvesting system. Where mains water is used for gardening, you can easily implement a rainwater harvesting system that takes advantage of free rainwater to keep your lawn healthy.
Check for small leaks. Small leaks can significantly increase your consumption and go unnoticed for months where they are hidden. A monthly check of your property can save on water rates and avoid property damage.
Use a smart meter. By using a smart meter, you will pay for exactly what you use and be able to use it to find anomalies in your usage and correct them immediately.
- Undertake a water audit
A water audit is a detailed review of your business’s current water usage, water charges, supply, and drainage. Our water experts begin by reviewing historical bills and shall use their knowledge of water regulations to identify instances where your business has been overcharged by reviewing:
Property drainage charges
Environmental charges
Rateable value charges
High water consumption issues
Water and wastewater tariffs
Surface water charges
Site area/Band charges
Upon the conclusion of your water audit, the experts will contact your current supplier to resolve any of the identified issues quickly. They will then request any rebates due back to your business.
AquaSwitch also offers a business energy comparison service. You can compare energy rates and switch to a competitive rate with ease.