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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.
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%.
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.
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.
The regional water authorities were not only in charge of water supply and sanitation, but also of water resources management, thus opening the possibility of conflicts of interest since the same institution was in charge of abstracting water and discharging wastewater on the one hand, and controlling these same abstractions and discharges on ...
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]
July 10, 2023 at 7:34 AM. ... Thames Water, which has a £14 billion ($17.9 billion) debt pile, anticipates that an extra £2.5 billion ($3.2 billion) of equity funding will be needed in the five ...
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.