Waste management firm Veolia and Business Stream, a Scottish Water company, have joined forces to enter the non-household water retail market.
From April, more than 1.2 million businesses and public sector organisations will be able to choose who they pay for their retail water services in England.
The two companies will work together to provide businesses with a “complete end-to-end solution” for all their water, energy and waste needs – from the installation and management of onsite networks and processing facilities to the provision and management of water and wastewater resources.
They believe the partnership will make it easier for customers to do business with a single provider, bringing expertise in water efficiency, energy conservation, waste management and recycling, helping firms reduce costs.
The news follows Business Stream’s buyout of Southern Water’s non-household customer base earlier this year.
Jo Dow, Chief Executive of Business Stream said: “Business Stream already provides retail and value-added services to a range of industries and organisations but this collaboration will allow our customers access to Veolia’s breadth of expertise and extend the appeal and reach of our combined service offering to new customers throughout the country.
“By working together, we can offer customers a compelling combination of innovative, tailored solutions to help them deliver significant savings on their water and wastewater charges, as well as helping reduce their environmental impact.”
Last month Ofwat launched a consultation on its proposed principles for voluntary codes of conduct for third party intermediaries (TPIs) in the business water retail market.