Nottingham City Council has applied to water industry regulator Ofwat for water and sewerage self-supply licences.
Nottingham City Council intends to introduce a water self-supply model for its operational sites and the communal areas within its investment portfolio and Nottingham City Homes properties- around 377 Supply Point Identifiers (SPIDs)in total.
A synopsis of the council’s business plan says the introduction of a self-supply model will enable an improved standard of performance monitoring, control of budgets and reduced water consumption as well as more tailored customer service.
Alongside the water self-supply model the council are introducing a Water Efficiency Loan Scheme (WELS) to deliver water efficiency projects in order to generate additional water utility savings.
By setting up a water self-supply company Nottingham City Council anticipates that by accessing wholesale water prices it will secure cost savings of 10%. Together with the introduction of the WELS scheme which aims to reduce water consumption and create financial savings on water bills, combining water savings and efficiency indicates that a total of 10% will be saved per annum based on the baseline figure (16/17).
Deadline to make representations or objections about the application to Ofwat is Friday March 29th 2019.
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