Your bill could be rising by a whopping 44% It is deplorable that if private water companies get their way, your bill could be rising by a whopping 44% – all while they’re still paying their shareholders dividends. That would mean an extra £183 coming out of your pocket over the next five years. Regulator Ofwat has stepped in and said it wants firms to limit rises for households to an average of £19 per year until 2030.
They can also take enforcement action against water companies that don’t link dividend payments to performance. I say let them sink If such rules were enforced, the attractiveness of investing in these companies would evaporate. And without investment from the private sector, these private monopolies would soon disappear down the drain. Indeed, we regularly hear private water companies bleating on about how, without a cash injection from investors, they will fail to stay afloat.