South-west-focused Tor Water gains business supply licence

Exeter-based Tor Water has been awarded Water Supply and Sewerage Licences by Ofwat. The company plans to serve businesses of all sizes in Devon, Cornwall and parts of Somerset and Dorset. It emphasises its local nature and small size, particularly on grounds of low cost: “We're a small company and don't have to be expensive to maintain large impersonal call centres or to keep the thousands of shareholders happy.”

Tor says its ambition is to be the preferred retail supplier in the South West within two years and hold the lion's share of the market in five years.