Which five water companies must pay the most for failing to meet Ofwat targets?

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The PA news agency looks at who owns the companies paying back the most money to customers and why they must do so.

The company has said it is looking to raise over £500 million from shareholders to invest across its network in Hampshire, the Isle of Wight, West Sussex, East Sussex and Kent, where 4.6 million people take their water supply.

It receives capital investment but has no shareholders, so would keep any financial surplus in the businesses, though in 2023, Dwr Cymru lost £124.7 million with its parent company making £1.5 million. Over seven million people use Anglian Water in the east of England between Essex, Norfolk, Nottinghamshire and Buckinghamshire and together they are set to receive a rebate of £22.4 million after the company failed to meet targets on customer satisfaction, leakage, drinking water quality, pollution incidents, sewer flooding, repairs and interruptions.Yorkshire Water’s 5.

 

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