Scottish Water Business Stream Limited | |
Trading Name: | Business Stream |
Type: | Subsidiary |
Location: | Edinburgh, Scotland, UK |
Industry: | Water industry |
Area Served: | United Kingdom |
Scottish Water Business Stream Limited,[1] trading as Business Stream, is a water retail business operating in both Scotland and England's competitive non-domestic water markets, with its headquarters in Edinburgh.[2] It also has offices in Glasgow, Worthing and Bradford. The company is a subsidiary of Scottish Water, the publicly owned utility which serves the residential water market across Scotland.
Having previously supplied all of Scotland's properties with water, Scottish Water split its non-domestic arm off to serve the fledgling market. The newly formed company, called Business Stream, acted as the incumbent non-domestic water and waste water supplier for organisations in the country.[3]
In June 2020, Business Stream reported that since the market opened in 2008, it has helped its customers save over £272 million through discounts and water and energy efficiencies.[4]
On 8 December 2011, the Department for Environment, Food and Rural Affairs (DEFRA) published the Water for life market reform proposals, which suggested the introduction of competition to England's non-residential water market.
Business Stream registered for a licence to compete in the English market, as reported in the Sunday Times in 2009.[5] It has since stated that it has secured contracts with Network Rail, Cancer Research UK, Lloyds Banking Group and the Ministry of Justice.[6] [7] [8] [9]