Water firms ask for bill rises of between 24% and 91%

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Water companies in England and Wales want bills to increase by between 24% and 91% over the next five years, according to figures compiled by the consumer watchdog.

Southern Water is asking for the biggest jump of 91%, according to the Consumer Council for Water (CCW), with South Staffordshire and Cambridge Water asking for the lowest rise of 24%.

Water firms say the increases will fund £100bn of spending over the period, which will include replacing ageing, leaking pipes and reducing sewage discharges into rivers and seas.

The latest bill hike demands come ahead of a crucial meeting this week when the industry regulator Ofwat will decide what companies can charge between 2025 and 2030.

Read HERE
 
Looks like they have seen what the energy firms, petrol stations, and supermarkets have got away with and decided to chance their arm.

They say its to invest in the networks but it will just go to the shareholders same as all of the rest.

But dont worry too much guys because I have a cunning plan.............
 
Looks like they have seen what the energy firms, petrol stations, and supermarkets have got away with and decided to chance their arm.

They say its to invest in the networks but it will just go to the shareholders same as all of the rest.

But dont worry too much guys because I have a cunning plan.............
Hey come back, what's the plan?.
 
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