Almost nine in ten firms would buy their energy and water from a single supplier if it was cheaper, according to initial survey data from directors and senior managers.
Polled for The Energyst’s 2017 Directors’ Report, responses so far are mainly from the commercial sector. Some 88% said they would buy utilities from a single supplier if it was cheaper than to procure them separately and two thirds (63%) said they had already conducted a water audit ahead of the retail market opening in April. Roughly half said they are considering switching water supplier at that point.
The data suggests cost remains king for utilities procurement. Three quarters (76%) said cost is the most important factor when buying energy. However almost 80% said they would consider buying renewable energy if it did not carry a cost premium, and just over 20% said they already do so.
The initial data is from a small double-digit sample and as such must be treated with caution. The survey aims to gauge views of directors and senior managers on the outlook for energy in 2017 and will form part of a report outlining key energy risks for the year ahead.
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