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The suggested increases vary by supplier, with Thames Water customers facing an increase of £99 or 23%, Anglian customers looking at £66 or 13%, and Southern Water customers facing £183, an ...
What could this mean for Thames Water and customers? Bill rises for all companies until 2030 have already been announced by the regulator Ofwat, with Thames Water bills rising from an average £ ...
Heavily indebted Thames Water is England’s biggest water company, with about 16 million customers. Mr Weston took on the job in January and was awarded a £195,000 bonus for his first three ...
In June 2018 regulators made Thames Water pay £65 million to customers, among other reasons because they failed to repair leaks. [82] In June 2023, Freedom of Information requests revealed that Thames Water leak levels were at their highest for five years. It was estimated to be losing 630 million litres (140 million imperial gallons) a day. [83]
This page was last edited on 27 February 2016, at 11:16 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
In 1989 the Thames Water Authority was partly privatised, under the provisions of the Water Act 1989 [3] with the water and sewage responsibilities transferring to the newly established publicly quoted company of Thames Water, and the regulatory, land drainage and navigation responsibilities transferring to the newly created National Rivers Authority which later became the Environment Agency.
Most drinking water consumed in London comes from the River Thames and the River Lee. Approximately 70% of all water supplied to London is taken from the Thames upstream of Teddington Weir. [6] Greater London is currently supplied by four companies: Thames Water (76% of population), Affinity Water (14%), Essex and Suffolk Water (7%) and SES ...
When Thames Water was privatised in 1989 it had no debt. However, over the years it borrowed heavily. Thames now needs to raise about £4bn in new equity too, which would not need to be paid back.
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