Thames targets Aberdeen businesses

The company’s retail arm, Thames Water Commercial Services (TWCS), has reported an increase in the number of enquiries in the city as firms look at new ways to cut their operating costs.

Although the retail market in Scotland opened up to competition in 2008, many companies are unaware that they can choose their water supplier, according to TWCS.

TWCS sales manager Alan Munro said that as revenue and returns for businesses in Aberdeen have fallen as a result of the crash in the oil price, which is currently below $46 a barrel and down from more than $100 a barrel a year ago, water offers them an area to make “easy savings”.

He said: “It’s really just common sense that when a business goes through a difficult time, it begins to look to save money from places it hasn’t previously considered before. Water has become one of these.”

Munro added that TWCS was able to offer new water customers savings of around 10-15 per cent on their annual water spend, with some clients saving as much as 20 per cent.

Since 2008, when the retail market was opened to competition in Scotland, around 130,000 non-household customers have been able to choose who can supply their water and wastewater services.

The English water market is set to open for non-domestic competition in April 2017.