Breaking Waves

As we start the new financial year, we're delighted to bring you the latest edition of our newsletter.

Win an AMR with our latest water saving initiative

Every day more than 3 billion litres of water is lost to leaks and without significant changes many areas of England will face water shortages by 2050.

On World Water Day we launched an initiative inspired by the United Nations’ “Be The Change” campaign. We’re encouraging customers to sign up to one of our five achievable pledges to be in with a chance to win an Automatic Meter Reader that can help them take control of their business water.

The draw will run until the end of Waterwise’s Water Saving Week on Friday 19 May, giving businesses ample time to pledge their support and start making a difference.

Oli Shelley, Head of Operations said: “Businesses in the UK are responsible for around a third of all water use so at Wave we’re committed to raising awareness of the importance of water saving and finding ways to help our customers make positive changes. Not only can becoming more efficient benefit our resources and the environment but it can also help save our customers money on their bills by fixing leaks quickly and using water more sustainably.”

Be part of the change, make a pledge.

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Wave employees make water pledges

 


Wave's Head of Wholesaler Management joins MOSL Bilateral Steering Group

As a water retailer, we're the point of communication and support on most aspects of the water and sewerage services our customers receive. To allow us to deliver a great service, we require the support of wholesalers, who remain the asset owners and are responsible for many of the market data items. For example, this means your business' water meter and the data on the location of that meter is owned by your wholesaler.

In September 2022, the market operator, MOSL, launched the first phase of a central bilateral hub where requests for wholesaler actions are submitted. The project has been a huge success with around 80% of requests now being submitted seamlessly through this hub.

MOSL estimates the programme is generating more than 120,000 hours in efficiency savings across the 16 processes that are now in the hub. As well as efficiency savings, there are also a range of benefits for customers, from faster, more reliable processing of requests and better handling of enquiries.

MOSL are now underway with the second phase of the project which will introduce the remaining process between now and 2025, including some critical customer requests such as leakage allowances. Wave fully support this second phase and our Head of Wholesaler Management, Matthew, has successfully been appointed to the MOSL Bilateral Steering Group to ensure the voice of the retailer and our customers continues to be heard and to help the project deliver on time and on budget.

Wave's Head of Wholesaler Management
Matthew Glover, Wave's Head of Wholesale Management

 


Our Marketing Executive gets stuck in at the latest social and sustainability day in Wittering

Wave had the pleasure of hosting another corporate volunteering day in March, this time planting trees with Peterborough Environment City Trust (PECT) in Wittering, Peterborough.

As Wave’s Marketing Executive, I was excited to use my Volunteering Day to take part (and get some great shots for our new Instagram account). We were joined by some of our customers, Mitie Energy and Bakkavor, as well as returning customers Frasers Group, who volunteered with us last September at Standedge Tunnel. It was a great day, and luckily a dry one too!

A team effort

We started the day with a round of coffees from local café The Coffee Stop, while we gathered in the church and listened to an opening talk from our HR Director Jane Austin, followed by Mike Horne from Langdyke Countryside Trust and Tony Cook from PECT. Then we headed out to the field to start our planting.

The team was split into three groups and spread out over the field, each given the task of planting a different species of tree. One group focused on planting Hornbeam trees in the wetter soil near the church, as these were larger and would thrive there. This required the group to dig larger holes for the root balls and trenches for roots that extended up to two metres outwards. This group definitely had the most strenuous task!

The other two groups focused on planting smaller species of tree such as Holly and Blackthorn. These were placed between larger trees that had already been planted in the area, acting as an underlayer for local wildlife to use as cover. PECT advised us that they would go in later and plant wildflowers and other species of plant that would act as a further ground layer as well.

It was a rewarding day, and fascinating to learn about the science behind planting trees. We learned which trees thrived in which conditions, how to dig correctly, and that we should fill the holes back in with the top layer of grass first, so it can rot and provide essential nutrients for the roots. It was fantastic to see previous customer volunteers joining us again. Frasers Group, who have volunteered with us before, said of the day, “very knowledgeable team and another good example of Wave’s commitment to the environment.”

Get involved

If you want to join us at one of our future corporate volunteering events, please speak to your account manager.

Wave Volunteers in Wittering
Wave Volunteers in Wittering

 

Wave volunteers planting trees
Preparing the ground for planting

 


Market Performance Framework (MPF) Reform

Since market opening in 2017, the Market Performance Framework (MPF) has governed, monitored and incentivised trading parties to deliver a set of service standards to comply with market codes.

Consensus across the market is that the current MPF isn't delivering what is needed in terms of improved outcomes for customers, the market or the environment. An example of this could be that a retailer has got more regular meter readings, but a customer’s billing could still be inaccurate. The need for a ‘root and branch’ reform of the MPF was highlighted by MOSL and trading parties through a call for inputs in 2021 and by Ofwat in its State of the Market Report 2020-21.

MOSL has made a commitment in their 2022-25 Business Plan to establish the MPF Reform programme to “take a risk-based approach that moves away from tactical changes to the Market Performance Framework…to develop improved measures and incentives that focus on customer outcomes”. The MPF Reform is now underway with a view to be implemented by 31 March 2024.

What does the MPF Reform aim to change?

The current MPF aims to provide confidence in four key areas that:

  1. There is orderly operation of the market.
  2. Trading parties and MOSL are incentivised to comply with their obligations.
  3. The risk of non-compliance and any associated disadvantages are mitigated and managed.
  4. Risks to the central systems are being managed and the performance of the market is being continually improved to ensure its orderly operation.

The issue with these current areas of focus is that they don't necessarily incentivise trading parties to deliver the best service, but to just meet a performance standard, sometimes to the detriment of customer service. The MPF reform aims to align new monitored activities with MOSL’s Strategic Panel Priority Market Outcomes which are:

  • Value Creation – Active market competition at fair pricing
  • Customer Service Excellence – Products to meet customer expectations and the market to deliver a recognised ‘best practice’
  • Water efficiency is Core – Enable customers to understand their consumption and use resources efficiently

Aligning to these market outcomes puts customers at the forefront of trading party performance and should expect that new metrics deliver better customer outcomes.

The Timeline

The MPF Reform is being delivered in two phases:

  • Phase one - will identify the risks and issues that prevent the market delivering on its desired outcomes, as well as the activities that could enable the delivery of these outcomes as part of a future MPF. It'll also identify the types of interventions that could form part of an MPF.
  • Phase two – will cover the detailed design and implementation of the preferred MPF model. This will include the development of specific measures, performance standards, and associated incentive mechanisms. The work on these elements will be completed through 2023 and 2024. The scope and duration of phase two will be influenced by the outcomes of phase one.

We're currently in the middle of phase 1, the top tier market activities to be considered for the MPF have been identified and a consultation has just ended, which aimed to identify suitable metrics and intervention tools to monitor the proposed activities.


High temperatures in 2022 sees cross-industry forum developed

2022 brought some extremely high temperatures and with it a significant increase in water demand around the country. This was within the context of more general water stress, targets for abstraction reduction and rising global temperatures, meaning water companies were forced to introduce measures to reduce customer demand. These measures were largely aimed at household customers through the application of Temporary Use Bans (TUBS), traditionally referred to as “hose pipe bans”.

This was the first time since the non-household market opened in 2017 that multiple wholesalers were rolling out preventative measures and there was industry acceptance of the need for joined up communication to prevent confusion and to make sure the measures had the desired impact.

A cross-industry forum was developed to help reshape the existing National Drought Code of Practice, feeding in lessons learned and seeking to better reflect the changed nature of the water market post 2017.

There are warnings of further restrictions this year, as South West Water has extended their Temporary Use Ban on 25 April 2023 to cover further areas, and this is a theme we can expect to continue to see as average temperatures rise in coming years. The picture can vary significantly from area to area and the market operator, MOSL, has launched a new national map on their portal showing when drought restrictions are applied and to which postcode areas.

Wave will continue to actively participate in this industry group and inform our customers of any risk of restrictions. We'll continue to encourage and support efficient use of water and quickly respond to leaks to help prevent water wastage.

Reservoir with low water levels

 


We've been shortlisted

We work hard to look after our employees' health and wellbeing, as well as our customers, and we're proud to be shortlisted for five fantastic awards:

We're looking forward to seeing the results over the coming months.



UK Employee Experience Awards

 

This Can Happen Awards

 

Water Industry Awards

 

Employee Benefits award

 

Read our latest case study

See how analysing meter read data and creating site lists has saved time, resource and improved performance for busy restaurants.

Read more

New resources added

We've updated your resources page to now include Cost of Living resources from our partner Money and Pensions Service and links to free water saving kits from various Wholesalers.

Take a look