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16/10/2013
Water Regulator Temporarily Block Price Increase
A proposed price increase by Thames Water, who had sought to add an additional £29 to annual household water bills, has been blocked by Ofwat.
The water regulator has published a draft decision blocking the proposed price increase.
A period of consultation will follow to allow for the production of new evidence justifying the price increase, at which point Ofwat will make its final decision. Expected to be taken in November.
Thames Water have said that the price increase is needed to cover some £291 million in additional costs, saying that various items have cost more than initially estimated when the current price regime was established in 2009.
(MH/CD)
The water regulator has published a draft decision blocking the proposed price increase.
A period of consultation will follow to allow for the production of new evidence justifying the price increase, at which point Ofwat will make its final decision. Expected to be taken in November.
Thames Water have said that the price increase is needed to cover some £291 million in additional costs, saying that various items have cost more than initially estimated when the current price regime was established in 2009.
(MH/CD)
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08 November 2013
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Ofwat has turned down Thames Water's application for an additional price increase for 2014-15. Within the three month timescale for assessing the application, Ofwat found that the evidence the company submitted did not justify its proposed £29, or 8%, additional increase in customers' bills.
Thame's Water Additional Price Increase Is Turned Down
Ofwat has turned down Thames Water's application for an additional price increase for 2014-15. Within the three month timescale for assessing the application, Ofwat found that the evidence the company submitted did not justify its proposed £29, or 8%, additional increase in customers' bills.
13 September 2013
Ofwat To Challenge Thames Water Increase Request
Water regulator Ofwat has said it will challenge Thames Water's request to increase customer bills by as much as 8% from next year. The increase could see an additional £29 added to an annual average household bill. The regulator has said it will assess Thames's application in order to determine whether the increases are justified.
Ofwat To Challenge Thames Water Increase Request
Water regulator Ofwat has said it will challenge Thames Water's request to increase customer bills by as much as 8% from next year. The increase could see an additional £29 added to an annual average household bill. The regulator has said it will assess Thames's application in order to determine whether the increases are justified.
05 November 2003
Ofwat gives go-ahead to 8% price rises
Water charges are set to soar in northern England by more than 8% if – as seems likely – Ofwat gives operators the green light to increase charges. Last month, United Utilities applied to the regulator for an increase to their original price limit of 4.5% above inflation for 2004-05.
Ofwat gives go-ahead to 8% price rises
Water charges are set to soar in northern England by more than 8% if – as seems likely – Ofwat gives operators the green light to increase charges. Last month, United Utilities applied to the regulator for an increase to their original price limit of 4.5% above inflation for 2004-05.
05 August 2011
E.ON Increase Prices
E.ON has today announced that it will increase its prices by 11.4% for electricity and 18.1% for gas, with dual fuel customers seeing a rise of 15.2%, effective from 13th September.
E.ON Increase Prices
E.ON has today announced that it will increase its prices by 11.4% for electricity and 18.1% for gas, with dual fuel customers seeing a rise of 15.2%, effective from 13th September.
13 August 2007
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
