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Southern Water customers will be hit by the biggest increase, with bills going up 53% - £642 on average - by 2030. Wessex and Northumbrian Water bills will go up by the smallest amount - 21%.
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 July 2023, Thames Water was fined £3.3m after discharging undiluted sewage into two rivers, the Gatwick Stream in Sussex and the River Mole in Surrey, killing more than 1,400 fish in October 2017. [109] In 2022, according to a BBC investigation, Thames Water illegally discharged sewage hundreds of times on days when it was not raining.
The government is scrambling to put together a plan to rescue Thames Water over increasing fears the company is set to go bust.. The utility giant is struggling under a £14 billion debt pile it ...
Thames Water, the UK’s biggest provider, which is in emergency talks over a £15 billion debt pile and a worsening financial situation, has asked for a 53% rise.
Deregulation was designed to deliver lower bills, increase water usage efficiency and improve customer satisfaction. As of 2022, the deregulated non-household market includes 1.2 million businesses, charities and other organisations. [28]
A particularity of water tariffs in the U.K. is the low share of metering. Most users are not billed on a volumetric basis and have no financial incentive for water conservation. Since the 1990s efforts have been made to increase the share of household metering, which reached 33% in 2008. [2]
Contingency plans reportedly being considered in event Thames Water is unable to service debts. ... including £4.4bn of cash and committed funding, as of March 31 2023.” ...