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2024December › 19

Ofwat

1 years ago

Regular Ofwat has revealed how much water companies can raise their customers' bills by.
An eye-watering round of increases has been announced by regulator Ofwat, despite fury at the performance of operators.
Customer charges to increase by an average of £31 a year before inflation between now and 2030
An eye-watering round of increases has been announced by regulator Ofwat, despite fury at the performance of operators.
Thames Water has been handed an £18.2million fine after regulator Ofwat used powers to crack down on firms paying 'unjustified' dividends for the first time.
Despite the average £31 a year increase figure announced by the regulator Ofwat today, UK households will face a heavy average hike of £86 or 20 per cent in the next year, excluding inflation.
The regulator Ofwat sets limits on how much water companies can increase their prices.

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