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Finance

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

Global Banking - Global Banking | Finance

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.

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