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How UK Businesses Can Save Water & Save Money

By June 26, 2018 No Comments
Boost Capital - Should Your Business Be Paying The Climate Change Levy?

It’s safe to say that water shortages aren’t an everyday concern for UK businesses. Nevertheless, taking measures to save water can save your business money, and help reduce your carbon footprint in the process.

Why save water?

  • Government is investing over £8 billion in the water industry throughout 2018, which means that the additional spend is transferred to customers. The average water bill in will likely rise by 2% for the 2018/2019 year.
  • The process of purifying and heating water is an energy-intensive process which puts a strain on energy resources.
  • Using water efficiently reduces dependence on water sources such as river and aquifers.
  • Saving water reduces the need to create new infrastructure to manage increased water demand.
  • Your business may be eligible for tax savings if you can show that you are using strategies and technologies to encourage sustainable water use.
  • Showing the public that you are taking steps to save water generates positive PR.

How to reduce your business water rates

The best way to reduce your business water costs is to implement a number of measures consistently across the business:

  • Remind and educate your employees about the importance of saving water.
  • Check for any leakages, drips and other ways water may be going to waste in your building.
  • Insulate your pipes to prevent water from freezing and your pipes from bursting.
  • Keep track of your monthly water bill so that you are aware of any spikes in consumption.
  • Install water-efficient equipment, such as efficient flush toilets and showers, and automatic or sensor taps.
  • Implement water-recycling infrastructure so that you can make use of greywater or rainwater.
  • Shop around and save on your business water – now that the water market is deregulated, your business stands to save up to 20% by comparing quotes and finding the water rates best-suited to your needs.
  • Use a utilities broker to advise you on short-term and long-term water savings and efficiencies.

How to start saving water

Have a professional service provider conduct a water audit to examine your business’ water use and come up with ideas and identify opportunities to save water. Ideally, this audit should be conducted by a broker that will also be able to assist you with switching water suppliers and finding a contract suited to your business’ needs.

The water services experts at Smarter Business know will do the legwork for you, letting your business take advantage of the savings. They will take care of quote comparison and switching process, allowing you to get on with what you do best – running your business.

Guest blog provided by Smarter Business. Smarter Business offer businesses savings on all essential services, such as business energy, business gas and electricity, business loans, business telecoms solutions, business insurance, facility maintenance, waste management and more. They have helped over 40 000 businesses save millions over the years. For more information, please go to: Smarter Business

Boost Capital offers these two different types of business finance. Small Business Loans and Merchant Cash Advances, can be extremely beneficial to businesses who need funding fast. So far, our finance solutions have helped over 20,000 businesses in the U.K, U.S and Canada secure the funding they need to grow. Since 2002, we have lent over £1.2bn to small businesses operating in more than 400 industries.

If you’re considering a business loan or merchant cash advance, we can tell you if you qualify instantly and help you make the right decision for your business. We can give you the step up you need, giving you the time to focus on growing your small business. Apply in seconds, or if you have any questions, get in touch on 0800 138 9080 to speak to a member of the team.

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