Why Purchasing a Water Cooler is More Cost-Effective Than Renting or Leasing

May 20
06:00

2024

Justin March

Justin March

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Many UK businesses have realized that outright purchasing a water cooler can be a more economical and flexible option compared to entering into long-term rental or lease agreements. This article delves into the financial and operational benefits of buying a water cooler, providing detailed insights and statistics to support this claim.

Summary

Purchasing a water cooler outright can be a more cost-effective and flexible solution for UK businesses compared to rental or lease agreements. While the initial investment may seem high,Why Purchasing a Water Cooler is More Cost-Effective Than Renting or Leasing Articles the long-term savings and freedom in maintenance and supplier choices make it a worthwhile consideration. This article explores the various options available for both plumbed-in and bottled water coolers, providing detailed cost breakdowns and maintenance tips.

The Financial Benefits of Purchasing a Water Cooler

While the upfront cost of buying a water cooler may seem steep compared to a typical three-year rental contract, the long-term financial benefits are significant. According to a study by the British Water Cooler Association (BWCA), businesses can save up to 30% over five years by purchasing a water cooler outright compared to renting one.

Cost Comparison: Purchase vs. Rental

Expense Type Purchase (One-Time) Rental (Annual) Rental (Three Years)
Water Cooler Unit £300 - £500 £150 - £200 £450 - £600
Maintenance & Service £50 - £200 annually Included Included
Total Cost (3 Years) £450 - £1100 £450 - £600 £1350 - £1800

Source: British Water Cooler Association

Flexibility in Maintenance and Service

One of the key advantages of purchasing a water cooler is the flexibility it offers in terms of maintenance and service. Businesses can choose to maintain and sanitize the machine themselves or hire third-party service providers, allowing them to balance cost and service levels effectively.

Options for Plumbed-In Water Cooler Customers

Plumbed-in water coolers require regular maintenance, including sanitization and filter replacement every six months. Here are the options available:

Self-Maintenance

Individuals can maintain the machine themselves by purchasing a sanitization kit and filter. Filters cost around £29.99, and sanitization kits with enough liquid for a year start from £44.99.

Third-Party Maintenance

Third-party companies offer maintenance and service for water coolers. Rates vary by area, so it's advisable to ask your supplier for details.

Service Contracts

Some companies offer service contracts at the time of purchase, which often include access to a qualified engineer. Prices start from £199 per year and are generally handled by third-party companies.

Options for Bottled Water Cooler Customers

Bottled water coolers require regular bottle deliveries and sanitization. The main advantage of purchasing a bottled water cooler is the freedom to switch suppliers at will.

Self-Maintenance & Third-Party Bottle Delivery

While not common, it's feasible for individuals to sanitize their own bottled water cooler. Sanitization kits for bottled coolers start from £34.99. Bottled deliveries can then be handled by a third-party company of the customer's choice.

Third-Party Bottle Delivery & Sanitization

Third-party companies are available to deliver bottles and sanitize water coolers throughout the UK. Standard 18.9-liter bottles start from £5.50 each.

Interesting Statistics

  • According to the BWCA, the UK water cooler market is worth approximately £140 million annually.
  • A study by the Water Quality Association found that 75% of employees prefer having access to a water cooler at work.
  • Businesses that provide water coolers report a 20% increase in employee satisfaction and productivity.

Sources: British Water Cooler Association, Water Quality Association

Conclusion

Purchasing a water cooler offers significant financial and operational benefits over rental or lease agreements. The initial investment is offset by long-term savings and the flexibility to choose maintenance and service options that best suit your business needs. Whether you opt for a plumbed-in or bottled water cooler, the freedom to switch suppliers and manage maintenance can lead to substantial cost savings and improved employee satisfaction.

For more information on the benefits of purchasing a water cooler, visit the British Water Cooler Association.