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Thames Water saw a 40% increase in pollution incidents in the first half as its debts continued to spiral. ... Ofwat to let it raise average bills by 59% over the next five years, compared with ...
Wessex Water customers will see the lowest increase with a 21 per cent bill rise. Meanwhile, around 16million Thames Water customers will see an increase of 35 per cent.
It previously suggested that the average household bill in England and Wales should rise by 21% over the period. ... with Thames Water customers facing an increase of £99 or 23%, Anglian ...
As of March 2024, investors announced they would withhold the first payment of a £4bn turnaround plan unless Ofwat agreed to an increase in customer bills, saying that without it the plan is "uninvestible". Thames Water stated that an increase in bills of 40% would be required over the next five years. [39]
A study commissioned by the German industry association BGW in 2006 compared the average household water and sanitation bill (as opposed to the tariff per cubic metre that the NUS study used as a comparator) in four EU countries. This study showed that water bills in England and Wales were the highest among the four countries.
Bill rises for all companies until 2030 have already been announced by the regulator Ofwat, with Thames Water bills rising from an average £435.56 to £534.79 – a 22.8 per cent increase.
In Marcic v Thames Water plc the House of Lords held that Thames Water plc was not liable in nuisance, or for breach of a homeowner's right to property, as sewerage repeatedly overflowed residents' gardens. [44] According to Lord Hoffmann, the owners had to use statutory mechanisms to secure accountability rather than suing in tort.
For example, Thames Water, the UK's largest water company, was given the go-ahead to lift bills by 23%. It has since said it needs to raise bills by 59%, in order to keep operating as normal.