Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > The ever-increasing importance of reducing your water consumption as a business
    Finance

    The ever-increasing importance of reducing your water consumption as a business

    Published by Wanda Rich

    Posted on June 9, 2022

    3 min read

    Last updated: February 6, 2026

    An image depicting a business owner reviewing financial data and water usage metrics, emphasizing the importance of reducing water consumption for cost savings in business operations. This aligns with the article's focus on financial efficiency and resource management.
    Business owner analyzing water consumption savings strategies - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:sustainabilitybusiness servicesfinancial management

    Quick Summary

    Inflation is soaring, and the cost of running a small company is increasing.

    Table of Contents

    • How to reduce your water consumption as a business
    • Compare and switch to a new supplier
    • Undertake a water audit
    • Use water efficiency devices
    • Leak detection
    • The AquaSwitch comparison service

    Inflation is soaring, and the cost of running a small company is increasing. Business owners are increasingly looking at ways to cut unnecessary overheads.

    One way to save money is to look at your business’s water consumption and supply.

    Most businesses don’t think much about their water supply. You can make significant savings by considering ways to be more water-efficient and shopping around for the best deal.

    Let’s look at how to reduce the annual cost of your water bill.

    How to reduce your water consumption as a business

    Here is how to reduce your consumption and water bill.

    Compare and switch to a new supplier

    By comparing business water suppliers, you will immediately be able to see how much you can save on the current rates available to your business from each commercial supplier.

    You can then move to a new tariff and begin to save on your annual water rates.

    Undertake a water audit

    A water audit is an in-depth review of your business’s current water charges, supply, usage and drainage. The initial review takes place by reviewing historical bills to identify instances where your business has been overcharged by reviewing:

    1. Property drainage charges
    2. Environmental charges
    3. Rateable value charges
    4. High water consumption issues
    5. Water and wastewater tariffs
    6. Surface water charges
    7. Site area/Band charges

    On completion of the water audit, the auditor will contact your current supplier to resolve any of the identified issues quickly.

    They will then request any rebates due back to your business.

    The benefits of undertaking a water audit are:

    1. Understand your current water rates better
    2. Receive a rebate due to overcharging.
    3. Make changes to consume water more efficiently and save money.

    Use water efficiency devices

    By using water efficiency devices, you can considerably reduce the amount of water your business uses and your annual water bill. Here are a few devices to consider:

    • A tap aerator – Use a tap aerator. A tap aerator essentially uses much less water by mixing air into the water stream.
    • Use 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.
    • Smart meters. By using a smart meter on your commercial premises – you will pay for exactly what you use. The other benefit is it allows you to find anomalies in your usage and correct them immediately.

    Leak detection

    Leak detection is important. Small leaks can significantly increase your water consumption and tend to go unnoticed for months when hidden underground or out of sight.

    A monthly leak check of your property can save on water rates and avoid property damage, as well as installing a smart meter to review any anomalies in the usage.

    The AquaSwitch comparison service

    Use the AquaSwitch business comparison site to compare business water and business energy with only a couple of simple steps. Save today!

    This is a Sponsored Feature.

    Frequently Asked Questions about The ever-increasing importance of reducing your water consumption as a business

    1What is a water audit?

    A water audit is a detailed examination of a business's water usage, charges, and drainage to identify inefficiencies and potential cost savings.

    2What are water efficiency devices?

    Water efficiency devices are tools designed to reduce water consumption, such as tap aerators and rainwater harvesting systems.

    3What is leak detection?

    Leak detection involves identifying and addressing leaks in a water supply system to prevent waste and reduce costs.

    4What are the benefits of reducing water consumption?

    Reducing water consumption can lead to significant cost savings, improved sustainability, and enhanced operational efficiency for businesses.

    Previous Finance PostThe battle against financial terrorism demands every tool in the box
    Next Finance PostThe hidden power of emerging markets
    More from Finance

    Explore more articles in the Finance category

    Image for Japan votes in test for PM Takaichi as snow weighs on turnout
    Japan votes in test for PM Takaichi as snow weighs on turnout
    Image for Rugby-Ford shines as England overwhelm dismal Wales
    Rugby-Ford shines as England overwhelm dismal Wales
    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    View All Finance Posts