google-site-verification: googlec7193c3de77668c9.html

Water bills to rise by £31 over next five years, regulator says

The regulator said the bill increases would pay for £104bn upgrade for the sector.

David Black, Ofwat chief executive, said the regulator was “acutely aware of the impact that bill increases will have for some customers”, adding that water firms now needed to “rise to the challenge” of making a “significant improvement over time to justify the increase in bills”.

Southern Water customers will be hit by the biggest increase, with bills going up 53% – £642 on average – by 2030.

Thames Water, which is struggling under a huge debt pile, will be able to charge customers 35% more, with bills going up to £588.


Source link

See also  Why this US jobs report matters - and what to watch

Check Also

Stifling heat and broken toilets: TUI River Cruise passengers tell of their holiday hell

Dozens of people have accused TUI River Cruises of operating vessels with faulty facilities including …

Millennials are struggling to buy a home – but is it actually getting easier?

Twenty-somethings are much less likely to own a home than previous generations. But data suggests …

Millennials are struggling to buy a home – but is it actually getting easier?

Twenty-somethings are much less likely to own a home than previous generations. But data suggests …

Leave a Reply

Available for Amazon Prime