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Thames Water seeks 52% hike to bills by 2030 as industry criticises watchdog's curbs

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Companies set a collision course with the regulator over the amount they can charge in return for investment while Thames raises the stakes further by upping its proposals for bill increases.

The water industry has warned that firms will be unable to deliver reforms such as stopping sewage outflows without even greater bill rises, with crisis-hit Thames seeking more cash from customers than it originally proposed. A letter from industry trade association Water UK to Ofwat set a collision course between them as firms covering England and Wales met Wednesday's deadline to submit their responses to the regulator's draft decisions on their business plans for 2025-2030.

'Without change, new homes will be blocked, the recovery of our rivers will be slower and we will fail to deal with the water shortages we know are coming.' Companies face 'the largest ever' cut to investment and 'the most punitive targets ever' which will mean there's not enough money to stop sewage outflows and fix leaky pipes. 'Ofwat's proposed cuts would delay plans to reduce leaks, sewage discharges and service failures.

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