At this year’s British Water International Reception, keynote speaker Peter Simpson gave an engaging summary of successes and lessons learned in the water sector, in what has been another ‘exceptional year’ for the water network.
From the bitter weather with the ‘beast from the east’ at the start of the year, sending the UK into its coldest period for 27 years, followed by some of the hottest and driest months since records began in 1910, in addition to increasingly frequent and severe flooding the UK, water network has faced significant challenges.
Yet in the face of such extreme challenges, the Water industry is amongst one of the most trusted industries in the UK. 63% of household customers trust their water company, in comparison to 52% for the energy sector. (CCWater Water Matters Annual Tracking Survey, 5,110 total customers surveyed)
With a sector-wide focus on driving innovation and improved efficiency to ensure real benefit and cost savings can be delivered to the consumer, 2 litres of tap water is now 270 times cheaper than a 2-litre premium branded bottle of water, costing less than 1/3p. (CCWater; England and Wales, Apr 2016 – Mar 2017)
In real terms for the consumer, this means the average annual water and sewerage charges across England and Wales households stands at £405, compared to the average annual dual fuel (gas and electricity) bill of £1,066. (Source: Water UK; England and Wales, Apr 2018 – Mar 2019)
Peter also shared a brief insight into the preparatory work being done by water companies in the face of Brexit negotiations, emphasising the need for a continued focus on environmental and outcome-based measures, for success across the sector post-Brexit and touching on some of the contingency forecasting completed for all different Brexit negotiation eventualities.
The event, hosted at the Institute of Directors in London, proved a fantastic opportunity to showcase the British Water Industry to support international trade. As proud members of British Water, Advance TRS were delighted to support the event as Silver Sponsors.
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