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Ofwat ruled in December that water companies could raise bills by 36% on average, before inflation, over the next five years to pay for a £104 billion upgrade to the sector, including new ...
Ofwat granted an average bills increase of 36% versus current levels, or £157 over the next five years. The lion’s share of that increase, an average of £86, will come in 2025.
An independent review into the water industry could consider abolishing regulator Ofwat among other measures to reform the sector, after a public outcry over bills, bonuses and sewage pollution.
The Water Services Regulation Authority, or Ofwat, is the body responsible for economic regulation of the privatised water and sewerage industry in England and Wales.Ofwat's main statutory duties include protecting the interests of consumers, securing the long-term resilience of water supply and wastewater systems, and ensuring that companies carry out their functions and are able to finance them.
Yorkshire Water ranked 11th of 21 water companies in Ofwat's 'Satisfaction by company' survey 2012/13. [ 27 ] in January 2015 the UK Customer Service Index (UKCSI) announced that Yorkshire Water was the leader for service in the Utilities sector, they were also the second most improved organisation in the whole UKCSI, beating competitors such ...
UK water quality is generally high, since large new investments were made following the EU Drinking Water Quality Directive 1998, requiring water is "wholesome and clean". [36] Ofwat is required to issue enforcement orders under the Water Industry Act 1991 section 18 to uphold drinking quality standards, rather than being content with ...
The CCW said this was the largest rise in water bills since the privatisation of the water industry 36 years ago. David Black, chief executive of Ofwat, said: "We have pushed companies to double ...
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.