Tesco has managed to save thousands of pounds on water costs by optimising its current supply agreements in Scotland.
It worked with independent water specialist Waterscan to improve its agreements in the Scottish country where retail competition already exists.
In England, around 1.2 million business customers will be able to choose their supplier for water and wastewater retail services such as customer service and billing from April 2017.
Waterscan claims its Water Supply Procurement service enabled Tesco to make an informed decision about their water retailer and save £750,000 on its water costs.
Catherine Chebib, Buying Manager – Renewable Energy and Environmental Generation Technologies at Tesco said: “Through working with Waterscan, we have secured the best deal possible whilst ensuring all our key supply criteria have been satisfied. Waterscan tailored the tendering process to fit existing Tesco procurement practices ensuring it integrated smoothly with our usual systems. They utilised their deep insight into water company charging structures to assist with shortlisting and the final selection of supplier.”
Regulator Ofwat unveiled new standards last month to protect businesses in the water retail market.