Water companies seek even higher bill increases than first indicated

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Water companies across England and Wales are asking for bills to be made even higher than they first requested, with one company seeking an 84% hike.

The biggest water company in the UK, Thames Water, is now looking for bills to rise 53% and cost £667 a year by 2029/30, according to figures published by water regulator Ofwat. It would make them the most expensive water bills in the country. The biggest rise - 84% - is sought by Southern Water. Of all eleven English and Welsh water and wastewater firms only one utility, Wessex Water, is not seeking even higher bills than they first requested from the regulator in July.

Ofwat will make its final decision for how much water bills can rise on 19 December. Its interim decision, made in July, said the average bill could rise 21% a year. On average the companies want bills to rise 40% and cost £615 a year by 2030, compared to the current average bill of £439 a year. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in CA

Canada Canada Latest News, Canada Canada Headlines