Are we a step closer to a ‘water big six’?
Does Business Stream’s purchase of Yorkshire Water’s business customers pave the way for further consolidation in the market?
Wave announces Scottish growth plans
Water retailer Wave has laid out plans to expand substantially in Scotland.
Wave signs water retail contract with Sports Direct
Wave has won a three-year contract to supply water retail services to Sports Direct – the UK’s largest sporting goods retailer.
Renewed calls for market alignment
Confusion for retailers in the English and Scottish markets as Wics puts a moratorium on the granting of self-supply licences at the same time as Ofwat cites the success of self-supply
The cost of a code change
“Customers mustn’t be hurt by market codes and mechanisms”
Code change ‘will allow back-billing’
Castle Water warns that Codes Panel vote to suspend final settlement reports could lead to back-billing – despite the intention of the market and Ofwat’s express wishes
Waterwise launches water efficiency leadership group for retailers
Waterwise launches a new leadership group specifically for retailers, to drive their performance on water efficiency in the second year of the market
A big four for water?
“Water bosses see further tie-ups, leading to fewer larger retailers”
Industry viewpoint: A lot has been achieved in the first year
“At the end of August 2017, NWG Business and Anglian Water Business formed a joint venture called Wave. Our driver to pursue a joint venture is to achieve economies of scale in our operation, to deliver a lower average cost to serve and be more competitive”
More market awareness needed
Research by CCWater shows awareness is increasing, but the majority of SMEs are still unaware of the market – and only 5 per cent of supply points are expected to have switched in year one
Industry viewpoint: Customers must be incentivised to save water
“More needs to be done to address customer-side leakage”
Big names ‘losing heavily’ in the market
A month after opening, around two-thirds of water retailers are not winning business, says a source close to the market.
12 May. 3 min read.