Since 2011, big companies have been able to choose their water supplier while smaller companies were not given an option. In April of this year, that has changed. Smaller companies can now choose to switch suppliers and are no longer forced to pay higher prices that their supplier charges them if they find something cheaper. Many have already switched or made a new deal with their current supplier. The program has however, nit been extended to residential houses.
- Due to new rules in England regarding water usage, some changes in regulation have had to take place. Big companies that used more than five million liters a year has since then switched suppliers.
- Market Operator Services Limited has been at the forefront for letting businesses change their water and waste water supply. A lot of positive changes have already begun to occur.
- When companies switch their water supply, this does not change who supplies it. They are still owned by privatized water companies.
“The aim was to encourage competition and bring pressure on suppliers to lower prices and improve services.”
Read more: https://www.bbc.co.uk/news/business-40804006
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Small business water switching in England starts slowly – BBC News
Since 2011, big companies have been able to choose their water supplier while smaller companies were not given an option. In April of this year, that has changed. Smaller companies can now choose to switch suppliers and are no longer forced to pay higher prices that their supplier charges them if they find something cheaper. Many have already switched or made a new deal with their current supplier. The program has however, nit been extended to residential houses.
Key Takeaways:
“The aim was to encourage competition and bring pressure on suppliers to lower prices and improve services.”
Read more: https://www.bbc.co.uk/news/business-40804006
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