Water Market Deregulation

17
Water Market Deregulation – what it means for the customer Lynne Hall Business Development Manager

Transcript of Water Market Deregulation

Page 1: Water Market Deregulation

Water Market

Deregulation – what

it means for the

customer

Lynne Hall

Business Development Manager

Page 2: Water Market Deregulation

• Water market landscape is

changing

• Introduction into Water Plus

• Key points about buying

water/services

•Myths, facts and figures

•Getting ready

• Summary

Page 3: Water Market Deregulation

The water market landscape is changing

Page 4: Water Market Deregulation

Who we are….

Page 5: Water Market Deregulation

Why create a joint venture

• 100% focus on B2B service and B2B billing

• A hand picked team

• The agility of a new start

• The scale to invest in great customer

experiences

• The contacts and ability to support all needs

Page 6: Water Market Deregulation

The industry has a lot to get ready

Mobilisation System design

System build User testing Shadow

operations

Market launch

Sep Dec Mar Sep Apr

• Licences published

• Ofwat/MOSL planning letter submitted

• Companies completed risk assessment, operations, data and IT for compliance

• Connectivity with market operator completed

• Corporate audit completed

• System and process user testing

• Data validation and upload

• Company readiness and certification

• Board statement

2015 2016 2017

Page 7: Water Market Deregulation

0%

5%

10%

15%

20%

25%

30%

£-

£5,000

£10,000

£15,000

£20,000

£25,000

£30,000

Revenue per Site GM per site

Available margins are variable

Page 8: Water Market Deregulation

0%

5%

10%

15%

20%

25%

30%

£-

£5,000

£10,000

£15,000

£20,000

£25,000

£30,000

GM per site

Retailers may charge in different ways

Single Unit rate Revenue per site

Page 9: Water Market Deregulation

How the retail price is broken down

Page 10: Water Market Deregulation

There’s a lot we can learn from Scotland

0%

5%

10%

15%

20%

25%

Page 11: Water Market Deregulation

11

Water Retailers – same but different

• Provide customer services, billing and payment

• Account management

• Value added services

• Water Plus

• Personal

• Easy

• Experts in water/water management

Page 12: Water Market Deregulation

12

What you can do to get ready to switch

• Understand your portfolio

• Data readiness

• Sites, consumption

• Contract readiness

• Authority and ability to switch

• Service readiness

• What do you need/want

• Water supply /treatment/support and VAS

Page 13: Water Market Deregulation

13

What does success look like?

Market is

open on time

Wide choice of retailers

Better value –

service and price £ £ £

Innovative products

and services Seamless cross-

UK market, giving

simplified bills

Pain free

switching

process

1

2

3

Page 14: Water Market Deregulation

14

In summary

• You have a choice

• You need to be ready (data, contract, service requirements)

• You need to be clear about who’s able to give you the personal service, expertise and long term efficiencies and savings you need?

• Talk to the team today

Page 15: Water Market Deregulation

Any Questions?

Lynne Hall – Business Development

Manager [email protected]

Come and say Hello, I’ll be in the

exhibition area!

[email protected]

Page 16: Water Market Deregulation

Thanks for your time

Want to chat later? Come and meet the team

Page 17: Water Market Deregulation

www.water-plus.co.uk