Ofwat poised to refuse most suppliers’ requests for big price rises

Ofwat poised to refuse most suppliers’ requests for big price rises

Water watchdog decision on bills in England and Wales delayed until after election, as Thames crisis looms

Ofwat is poised to refuse most water companies’ requests to ratchet up consumer bills, with some getting as little as half of what they have asked for, the Guardian has learned.

The decision from the water watchdog for England and Wales, Ofwat, has been formally delayed until 11 July because of the general election. Its verdict, known as a draft determination, comes amid a growing crisis in the water sector.

Southern Water – 91% to £915

Thames Water – 59% to £749

Hafren Dyfrdwy – 56% to £676

Severn Trent – 50% to £657

Wessex Water – 50% to £822

Yorkshire Water – 46% to £682

Dŵr Cymru – 43% to £702

United Utilities – 38% to £666

South East Water – 35% £330

Pennon – 33% to £644

Portsmouth Water – 31% to £157

SES – 30% to £315

Anglian Water – 29% to £682

Northumbrian Water and Essex & Suffolk Water – 26% to £530

Affinity Water – 25% to £294

South Staffs & Cambridge Water – 24% to £221
Source: Consumer Council for Water
Data note: The figures are estimates which include forecasts for inflation of 2% a year up to 2030 to requests from water companies submitted to Ofwat.

Continue reading…   

Discover more from Stay Updated

Subscribe to get the latest posts to your email.


Leave a Reply

Your email address will not be published. Required fields are marked *