Capitalising on the Deregulated UK Water Market
Prior to the watershed deregulation of the UK water market in 2017, companies were confined to utilising their local suppliers for water services. This restriction often culminated in elevated costs and inherent difficulties in managing multi-site portfolios. With the deregulation in 2017, commercial enterprises, charities, and public sector organisations in England have been afforded the autonomy to select their water suppliers. This fundamental change has catalysed the opportunity for these bodies to undertake comprehensive procurement exercises, renegotiate their water contracts, and engage suppliers that offer the most advantageous terms for their specific organisational requirements. Despite these advancements, a sizeable proportion of businesses remain tethered to their local suppliers, thereby forgoing potential opportunities to optimise water usage, decrease financial outlays, and renegotiate advantageous supply contracts.