Business Stream delivers £32million in savings for customers
03 October 2022 Reading time: 3 minutes
Edinburgh-based water retailer Business Stream has saved its customers across the UK just under £32million over the past year, according to new figures released by the company.
The total annual savings for 2021/22 includes over £15million in customer discounts and more than £2million in energy savings for its customers. Nearly £15million of water savings were delivered through Business Stream’s water efficiency services, which includes the use of digital monitoring solutions to pro-actively monitor water use even when customers are offsite.
Over the past five years, Business Stream has saved its customers an average of just under £30million per year and since 2008, the company has saved its customers over £335 million through discounts and efficiencies and over 57 billion litres of water – the equivalent of nearly 23,000 Olympic sized swimming pools.
Jo Dow, Chief Executive of Business Stream, said: “As a water retailer, we’re committed to delivering financial and environmental savings to our customers. And we recognise that this is more important now than ever before given the current economic climate and the growing need to urgently address the climate crisis. By reducing water consumption, businesses and public sector organisations can lower their water and energy bills and limit their impact on the environment. We’re proud of the savings we’ve delivered and will continue to work with our customers to help generate further savings in the year ahead”.
The water retailer recently announced that it had saved Scotland’s public sector over £2 million in water costs during the second year of its three-year contract.
The financial savings equates to 1.4billion litres of water being saved. In addition, the reduction in water use has also delivered energy savings, helping the sector to save 586,000 tonnes of carbon.
Business Stream was awarded the Scottish Government Public Sector Water and Waste Water Framework contract in early 2020. The contract, worth around £200 million over three years, covers Scottish public sector bodies including Local Authorities, NHS Scotland, Scottish Fire and Rescue, Police Scotland, Scottish Prison Service, universities and colleges and Scottish Government.