Business Water Rates
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Compare Business Water Rates
Could you save by switching business water supplier?
Take advantage of the new deregulation and see how much you can save on your water bills. Complete the form below to receive the latest prices.
With increasing prices across utilities, there has never been a better time to take control of your business water bills. We offer a fully comprehensive switching service to help your business secure competitive business water rates, better customer service and simple billing.
With free impartial advice on how to reduce your water and wastewater services bills, our expert team are happy to walk you through the process.
Why Switch Business Water Suppliers?
The first and most popular reason is to save money on business water bills.
The exact amount your business could save by performing a business water rates comparison will depend on your usage, location, and size. As business water companies can offer very different rates, savings can also vary between businesses.
For example, a water meter recording business usage at 200m3 could be facing bills between £500 and £1,000 depending on their current supplier.
So far, we’ve helped businesses save more than £800,000 on their water bills by switching to a new business water supplier.
How Does Switching Business Water Suppliers Work?
This means that all companies located in England can switch their business water supplier from any regulated provider.
If you haven’t yet switched your business water supplier, you could be missing out on significant savings for your business.
To find out how much you could save by comparing and switching water suppliers, call us on 0800 690 6008.
Why Switch With Business Electricity Prices?
We specialise in saving UK businesses money on their utility bills, from gas and electricity right through to competitive business water prices.
We strive to make switching business water suppliers easy. We have taken our extensive knowledge of saving companies money on their business energy and partnered with one of the UK's leading water suppliers, Everflow Water.
Knowing you can save money on your business water with us, a company rated Excellent on Trustpilot provides you with the peace of mind that we have your best interests at heart. Our expert team will also offer a free business water audit if you spend over £1,000 annually on your water bills. Ensuring your maximising savings and water efficiency.
Compare Business Water Rates
Compare business water rates and make smart decisions for your business today.
Business owners have more options than ever when it comes to business water prices and business water tariffs. The water market was deregulated in April of 2017, which has opened new doors for business owners who want to secure the best deals. The open market encourages competition between suppliers, meaning that business owners can get lower prices and better benefits when they survey the market.
Switching to a different tariff could help you save lots of money in the long run.
Who Pays Business Water Prices?
It is a common misconception that only business owners pay business water rates. These rates apply to lots of different properties. Here is a quick and easy guide.
You will pay business water prices if your non-domestic property is:
- Connected to the mains water supply
- Connected to the rainwater drainage system
- Connected to the local sewerage system
Why Compare Water Rates?
High business water prices can seem like a necessary evil. With so many things to think about, it is no wonder that business owners accept unnecessarily high business water rates.
At Business Electricity Prices, we encourage business owners to compare water rates. Our customers are often shocked to see how the average business water bill compares to theirs. Business owners can save up to 20% on their overall business water rates by switching tariffs.
In 2017, the largest competitive water retail market in the world opened for business. In simple terms, the water market became deregulated. Before, companies could only source fresh water and wastewater services from the supplier in their region. Now, business owners can secure services from any number of suppliers. The market has become far more competitive, which means that business owners should always survey the market to secure the best price.
But prices are just one aspect of business water services.
Why Compare Business Water Tariffs?
Business water tariffs are very closely tied to brand names, and water is an essential part of the day to day operations. This leads to snap decisions and long-term regrets. A lot of new business owners choose tariffs from big-name suppliers, thinking that they are making the best decision for their business.
Business owners can become stuck in long-term tariffs that do not meet their needs. We encourage commercial customers to compare water tariffs to receive tailored support. Water suppliers are more conscious than ever about the need for specific tariffs for small, medium, and large-sized businesses. In the modern water retail market, customers can find tailored tariffs that suit their needs.
Suppliers are also conscientious about hot button topics. More and more water suppliers are embedding eco-conscious practices into their tariffs. Now, business owners can invest in business water tariffs that reflect their brand values.
There are lots of business water tariffs to choose from.
Could you save by switching commercial water supplier?
Take advantage of the new deregulation and see how much you can save on your water bills. Complete the form below to receive the latest prices.
What Business Water Tariffs Are Available?
The world of business water tariffs is often confusing. Business owners can become frustrated by the number of tariffs and rates on offer.
Water tariffs are often referred to as water rates, and there are a few categories that different rates fall into. Some suppliers use different names for these tariffs, but the mechanics remain the same.
Potable Water Standing Charge Rates
Suppliers might also refer to this business water rate as a metered charge. It is a fixed daily charge that is applicable whether or not any water is used. This charge allows suppliers to amass enough money to maintain the infrastructure that supplies the water.
This charge depends on several factors, including:
- The size of the clean water pipe that is connected to your property
- The region that your business is located in
Potable Water Metered Rates
Unlike standing charge business water prices, metered prices depend on how much water you use. If you use more water from one month to the next your overall bill will be higher.
Most business premises have meters. Meters measure how much clean water passes through the pipes on the property. In most cases, business owners do not have to worry about relaying meter readings to their suppliers. Suppliers use modern technology to access meter readings from long distances.
Suppliers will multiple the volume of water used by a volumetric rate. Each supplier has a different volumetric rate. This rate is the price of each meter cubed of water.
Wastewater Standing Charges
Wastewater business water rates apply to any water that travels through sewage pipes. Sewage water is sometimes referred to as municipal wastewater.
Like freshwater services, wastewater services come with standing charges. This is a daily charge that is applicable whether or not the property produces any wastewater. Standing charges account for maintenance fees.
Wastewater Metered Rates
This business water tariff applies to the amount of wastewater that customers use. Like freshwater, wastewater is measured in cubic meters and multiplied by a volumetric rate.
Most of the time, freshwater becomes wastewater. Suppliers take readings from potable water pipes to measure the amount of wastewater that runs through the premises.
Some businesses use a lot more freshwater than average. This means that far less water returns to the system and runs through the pipes. Suppliers can include a ‘return to sewerage’ clause to reduce the rate of the volumetric wastewater.
If you feel like you are eligible for the ‘return to sewerage’ clause but it has not been applied to your bill, you should consider conducting a business water audit. If your supplier has overcharged you, you can claim the money back.
Surface Water Drainage Rates
Some business owners are shocked to find that their business water prices include rainwater removal. Rainwater can present a significant problem for business owners. A little bit of rainwater is not a problem, but excess rainwater can threaten the integrity of drainage systems.
Suppliers can remove rainwater that lands within the boundaries of your property. This business water rate depends on a few factors, which is why it is important to always compare water tariffs.
If you are unsure whether your surface water drainage charges are accurate, it is a good idea to conduct a water audit.
Highways Drainage Rates
Highways drainage rates allow suppliers to maintain drainage systems in public areas. This applies to rainwater that lands on public roads, footpaths, and any other public areas. The water is funnelled into local drainage systems.
The government decided that locals would pay for this public maintenance service through highway drainage rates. Every property in the local area that is connected to the sewers will be charged an equal amount.
Trade Effluent Rates
There are a lot of misconceptions about trade effluent business water prices. The term trade effluent refers to any substance in sewers that is not domestic sewage. There are two types of trade effluent.
- Trade effluent that is produced in consumer activities
- Trade effluent that is produced in production activities
An example of effluent that is produced in consumer activities is water drained from hairdressers that include dye, shampoo, and other chemicals. An example of trade effluent that is produced in production activities is the liquid waste that is a by-product of making food.
It is important to treat trade effluent carefully. The business water rates associated with trade effluent are often confusing. Always speak to your supplier for detailed information about this type of charge.
This is not a standard business water tariff. When business owners request that their property be disconnected from the water network, they will have to pay a fee to cover the work.
Suppliers can also enact this charge if their customers do not pay their bills.
A lot like the above business water charge, reconnection charges are not monthly expenses. This charge only applies when suppliers have to reconnect water networks to premises.
If your monthly business water prices do not reflect your usage, you can ask your wholesale supplier to review your rates. They will send a representative to your site and review the situation.
In most cases, your regional wholesaler will absorb the cost of this service.
Without meters, suppliers would not be able to ascertain water usage. Despite this, customers have to pay for the meter installation, maintenance, and repair services.
How Are Business Water Rates Calculated?
One of the most frequent questions that business owners ask us is, how are business water rates calculated?
- Volumetric charge - This charge reflects how much water your premises has used. Each supplier has a different charge per cubic meter. The location of your premises and your supplier's pre-established rate impacts the charge per cubic meter.
- Standing charge - This is also called a fixed charge. All suppliers impose a standing charge on business customers. The fixed charge covers maintenance costs.
- Water charge - This is the standing charge combined with the volume of water used and multiplied by the volumetric rate.
How Are Bills Calculated Without a Meter?
Most businesses have a meter. Meters make billing far easier. They measure the volume of water that travels to and from the property, which helps suppliers produce accurate bills.
When there is no meter to read, there are two methods that suppliers use to estimate bills.
- Unmeasured business water prices - Unmeasured business water tariffs rely on the Rateable Value of the property. Suppliers replace the volume of the water that is consumed with the Rateable Value.
- Assessed business water rates - Assessed business water tariffs rely on estimates. Suppliers estimate usage based on the size of the property and what the customer is using their water for. For example, laundrette owners might receive a larger estimate than small retail shops.
What Is Rateable Value (RV)?
The Rateable Value (or RV) of a property is its estimated annual rental value. Most business owners do not have to think about the Rateable Value of their property. It only becomes important when premises are unmetered.
Suppliers will send a valuation officer to unmetered properties. This way, they can get an accurate picture of the overall annual rental value. Once suppliers have a rental value for the property, they will use it to estimate the water usage.
In calculations for monthly bills, the Rateable Value replaces the volumetric amount of water that is consumed.
Why Are Business Water Prices Increasing?
Business water prices increase every year. Ofwat and the Water Industry Commission for Scotland regularly assess business water rates. They implement changes on the first of April each year. There are two types of water rate increases for non-domestic customers.
- Wholesale prices - 12 regional water companies maintain the water network in the UK. These companies are known as wholesalers. Water suppliers have agreements with wholesalers. With inflation, the cost of water rises. It is up to these 12 companies to decide on wholesale increases.
- Default prices - Businesses all over the UK depend on water suppliers for their day to day operations. Ofwat regulates the water industry. It sets limits on the amount that suppliers can charge their customers. These limits are referred to as default prices. Each year, Ofwat raises the limit.
Business Water Bills Explained
Business water tariffs are confusing at the best of times. At a glance, there are lots of numbers and phrases that might not immediately make sense. Once business owners understand their water bills, they can notice mistakes before they snowball into lump sum bills.
The two most important parts of business water bills are the charges and the Supply Point ID.
Business Water Tariff Charges
Business owners can expect to see two separate charges on their bills.
- Fresh potable water - This charge reflects how much fresh potable water has been supplied to your property. If your property does not have a meter, the charge will be based on an estimate instead of an actual reading. The estimate comes from the Rateable Value of your property.
- Wastewater - This charge reflects how much wastewater your premises produces. Any property that is connected to a sewer system will be billed for wastewater charges.
Supply Point ID
No matter which business water tariff is linked to your premises, you will have a Supply Point ID (SPID). It is comprised of ten numbers and a single letter. Water suppliers create an ID for each business customer to represent the location of their premises.
Premises have one Supply Point ID for freshwater services and one ID for wastewater services. Once a premises has an established ID, it will not change.
Am I Eligible to Switch?
The open water market offers business owners more switching opportunities than ever. Switching business water tariffs is not as easy as switching business electricity tariffs. Businesses must meet strict criteria set out by Ofwat to be eligible to switch.
Business owners in Wales have to use their local water supplier unless their premises use more than 50 million litres of water per year.
Business owners in Northern Ireland cannot switch. Water services in Northern Ireland are controlled by NI Water.
Business owners in England and Scotland can change suppliers at will.
How Do I Compare Water Prices?
We always encourage business owners to compare water rates.
Business owners have hundreds of things to think about day-to-day, and it is easy to let business water tariffs fall to the bottom of their to-do lists. Even the thought of comparing prices can be daunting.
That is why we have created a comprehensive comparison generator. Business owners can enter a few simple details, and see business water prices from a range of suppliers in a matter of seconds. It has never been easier to see all the options on offer.
Benefits of Comparing Business Water Prices
Anyone can compare business water prices. Whether you are disappointed with your current contract or you are just starting to look for water suppliers for your burgeoning business, the benefits of comparing water rates are endless.
Comparing rates can help business owners take charge of their monthly bills. Thousands of business owners all over the UK are unsatisfied with their business water rates. It is not uncommon for business owners to secure the first contract they find just to get running water for their property. Water suppliers are quick to lock big businesses into long-lasting contracts.
We encourage customers to compare water prices because it is the easiest, quickest way to reduce monthly bills. Business owners can spend months implementing water-saving tips and discover that their bills only reduce incrementally. Switching to a different tariff is far quicker and more effective. It is the quickest way to save on business water costs.
When business owners begin to compare prices, they also find a range of other benefits. Unit rates are not the most important part of water tariffs. There are a lot more features to consider.
By comparing business water tariffs, you can find a deal that suits your needs. Start-up businesses benefit from shorter contracts, whereas more established business owners might prefer long-lasting contracts. Fixed rates are appealing to less-established businesses that depend on reliable bills to make it through the month.
Customer service is another concern. Big-name suppliers might offer low business water rates, but their customer service practices might be very poor. Business owners should always consider all the options on offer before committing to a business water tariff.
How to Compare Business Water Prices
At Business Electricity Prices, we make comparing water rates as easy as possible. We understand how difficult it is for business owners to find time for even the simplest tasks. Researching business water prices can be overwhelming, especially for business owners who are faced with long to-do lists.
Our comparison generator compiles all the best business water rates. Business owners can simply pop their details in, wait 60 seconds, and browse through a list of suitable tariffs and rates.
Once you have chosen a business water tariff, our experts will handle the rest. We make switching suppliers as seamless as possible. It is that easy. Put your details into our comparison generator or call our experts on 0800 690 6008.
Business Water Prices Measurements
Business water rates are based on calculations. To better understand the calculations, business owners must understand the units of measurement.
- Surface area (M ²) - The surface area of the property. This factor is used to calculate the surface drainage charge.
- Cubic meter (M³) - The volume of water that the property uses is measured in cubic meters. The water meter measures the overall volume. A cubic meter is equal to 1,000 litres.
- RSA (%) - The RSA is the ratio suppliers use to calculate how much freshwater a property uses and how much wastewater it disposes of.
- Meter size (mm) - The size of the meter impacts the standing water charges. Suppliers note the width of the clean water pipe that enters the meter.
Business Water Tariff Terms
Whether you want to compare water tariffs or compare water rates, it is important to understand the terms in your contract. The terms and phrases associated with water contracts can be confusing. Here are some of the most important phrases that business owners might hear when they are looking for better rates.
- Catchment - An area that has a river with rainwater.
- Competition and Markets Authority (CMA) - The Competition and Markets Authority was created by the Enterprise and Regulatory Reform Act 2013. It merges the functions of the Office of Fair Trading and the Competition Commission. When a consumer appeals against Ofwat’s license and code revisions, the CMA hears the appeal.
- Consolidated bill - A combination of bills from lots of different sites and meters. Consolidated bills save time.
- Discharge point - The point where trade effluent services are delivered to premises.
- Eligible to switch - Non-domestic and business water consumers that meet Ofwat’s switching criteria.
- Market operator - Manages switching service and financial matters for incumbent water companies. Market operators do not have formal legal powers.
- Meter - A device that measures the volumetric amount of water that passes through and from premises.
- Meter Serial Number - A serial number that is unique to each meter.
- New entrant - This phrase refers to a new business entering the water market. It can apply to a licensee, inset appointee, or an applicant for either of these positions.
- Non-potable water - This type of water does not meet standards to be used in public water networks. Non-potable water is primarily used for industrial water services.
- Non-standard charges - Any charges that are not part of standard business water tariffs.
- Ofwat - Acronym for the Office of Water Services Regulation. It is an impartial regulatory body that ensures water suppliers remain fair. Domestic and business consumers alike can complain to Ofwat.
- Private water supply - Any water supply that does not travel through public networks.
- Raw water - Water that has not been treated at a specialist water treatment facility.
- Rateable Value - The estimated annual rental value. The Rateable Value replaces volumetric water consumption when premises are unmetered.
- Self-supply - Consumers apply for a self-supply license when they want to purchase fresh water and wastewater services from wholesalers instead of suppliers.
- Supply point - The point where the services start on the premises. Premises can have two supply points, one for fresh water and one for sewage.
- Trade effluent - Untreated waste (or sewage) that comes from commercial premises.
- Wastewater treatment - This service involves separating solid matter from wastewater. After the solids are removed, the wastewater is treated with biological and chemical substances.
- Wholesaler - Suppliers secure water from wholesalers.