A business water supplier is a company that supplies fresh drinking water to customers from a network of pipes. This company helps you reduce your costs by cutting down on the amount of water that you use. A business should choose a good supplier so that it can be sure about receiving proper service, but it also has to compare different companies and decide which one is best for its situation.
Meter Installation Cost
While choosing a business water supplier, you will have to assess the meter installation cost. This is the cost of installing the meter in your premises and it is one-time. You will have to pay this only once.
The meter installation cost varies from supplier to supplier and hence you should compare them before making a choice.
Minimum Contract Period
The minimum contract period is an important consideration when choosing a water supplier. Some companies require that you sign a 12-month contract, while others may offer shorter or longer deals. The length of time you need to commit to your chosen provider depends on several factors:
- How long have you lived at your current residence?
- Are there any plans for a move in the immediate future?
- How much flexibility do you want in case of unforeseen circumstances?
The standing charge is a monthly fee you pay regardless of how much water you use. It is charged on a monthly basis, and it stays the same even if your business uses less water than usual in a given month. Suppliers with no standing charge usually have very high variable charges that increase with usage.
The standing charge should be based on your business or size. A standard residential meter reading might typically be between 5–6 cubic meters per billing cycle (1 cubic meter = 1000 liters).
You should always ask the water supplier what fees they charge. This is important because often, these fees are not included in your monthly bill, and you have to pay them separately.
You may be charged a service connection fee or start-up fee if you are opening a new business or moving into a new office building. These fees are usually around $100 but can vary depending on where your company is located and how much work it takes for your water supplier to install its services at that location.
Leakage tariffs are a type of water bill that many people don’t understand. They’re not common in all areas, but it’s important to know what they are and how they work if your water supplier offers this option.
To begin with, leakage tariffs take into account any wasted water during your billing period—that is, the estimated amount of water that was actually used versus the total amount of water supplied to your home or business. This rate is calculated based on past consumption patterns and can be applied differently depending on whether you have a fixed or variable consumption rate plan.
If you are on a fixed-rate plan, this means that your monthly bill will remain the same for the duration of your contract. But if you’re on a variable rate, then what’s billed may be subject to change.
If your water supplier offers both types of rates, it can be confusing to know which one is better for you. The truth is that neither fixed nor variable rates are inherently better than the other; they both have their pros and cons. However, there are some things you should watch out for when choosing between these two options:
- If you live in an area where demand for water fluctuates throughout the year (for example, during summer months or rainy seasons), then going with a variable rate may be best for avoiding sudden price hikes and keeping costs low throughout most of the year as well as during peak usage periods
- If you’re on a fixed-rate plan, then you should make sure that your water supplier isn’t raising rates more than the state’s allowable limit. If they are, then you should consider switching to another provider.
Payment Terms And Options
When comparing water suppliers, it’s important to look at the different payment options and terms they offer.
Here are a few things you should consider when choosing your business supplier:
- How often do you need to pay? Some suppliers offer monthly invoices, while others require quarterly or annual payments.
- How much can you afford to pay? The cost of water varies depending on where you live and how large your business is. Your water bill may be higher if there’s a lot of natural gas or electricity used in the manufacturing process of your product, for example.
- What kind of account do you have? If a supplier provides different types of accounts (e.g., commercial vs. residential), then it might be easier for them to tailor their service offerings based on what works best for each type of customer.
At the end of the day, it’s all about finding a business water supplier that you can trust. We hope this guide has given you some useful tips on what to look out for when choosing your own business water company. If you have any more questions or would like help finding an appropriate supplier, please get in touch with Business Energy Comparison.