Menu
19/08/2003
Ofwat warns customers over rise in charges
Ofwat has today warned the water industry that customers would find it hard to accept “substantially above-inflation rises” in water and sewerage bills following the 2004 Price Review.
Ofwat, the economic regulator, has already indicated that prices will have to increase for the period 2005-2010, due to upward cost pressures which customers will have to fund. These include another environmental improvement programme, work to reduce the risk of sewer flooding, shortfalls in water company pension funds and the impact of tax changes imposed by the Chancellor.
Water industry representative group Water UK has said water bills must rise to enable companies to pour extra funds into renewing the water and sewerage infrastructure.
Maurice Terry, WaterVoice Chairman, said: "There are ominous signs about future water bills. Customers would find it difficult to accept big increases, and are unlikely to welcome any increases that are not clearly justified by the benefits - particularly if those increases do not address their priorities."
In a briefing note published today, WaterVoice has urged customers to get involved in the price review as public consultation takes place on the water companies' proposals during the autumn (starting with the publication of the companies' draft business plans at the end of August). WaterVoice committees will meet in public in their regions in September and November, before submitting their formal response to Ofwat.
(gmcg)
Ofwat, the economic regulator, has already indicated that prices will have to increase for the period 2005-2010, due to upward cost pressures which customers will have to fund. These include another environmental improvement programme, work to reduce the risk of sewer flooding, shortfalls in water company pension funds and the impact of tax changes imposed by the Chancellor.
Water industry representative group Water UK has said water bills must rise to enable companies to pour extra funds into renewing the water and sewerage infrastructure.
Maurice Terry, WaterVoice Chairman, said: "There are ominous signs about future water bills. Customers would find it difficult to accept big increases, and are unlikely to welcome any increases that are not clearly justified by the benefits - particularly if those increases do not address their priorities."
In a briefing note published today, WaterVoice has urged customers to get involved in the price review as public consultation takes place on the water companies' proposals during the autumn (starting with the publication of the companies' draft business plans at the end of August). WaterVoice committees will meet in public in their regions in September and November, before submitting their formal response to Ofwat.
(gmcg)
Related UK National News Stories
Click here for the latest headlines.
16 October 2003
Improvements plans could add 'hefty rises' to water bills
The water regulator Ofwat has warned today that customers face "hefty rises" in their water bills if improvement programmes are confirmed.
Improvements plans could add 'hefty rises' to water bills
The water regulator Ofwat has warned today that customers face "hefty rises" in their water bills if improvement programmes are confirmed.
31 January 2012
Water And Sewerage Bills To Rise In 2012
The average bill for water and sewage is to rise by over 0.5% above inflation to £376, according to the industry's regulator. According to Ofwat on Tuesday, the average household water and sewerage bill in England and Wales is forecast to increase by 5.7%, or about £20. This takes into account a rate of inflation of 5.
Water And Sewerage Bills To Rise In 2012
The average bill for water and sewage is to rise by over 0.5% above inflation to £376, according to the industry's regulator. According to Ofwat on Tuesday, the average household water and sewerage bill in England and Wales is forecast to increase by 5.7%, or about £20. This takes into account a rate of inflation of 5.
05 August 2004
Water bills to rise 13% by 2010
Water charges in England and Wales are set to rise by 13% over five years, half the companies' proposals for bill increases.
Water bills to rise 13% by 2010
Water charges in England and Wales are set to rise by 13% over five years, half the companies' proposals for bill increases.
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.
17 April 2008
Ofwat Fines Thames Water For Misreporting Information
Ofwat, the Water Services Regulation Authority, has fined Thames Water 0.7% of its turnover of £9.7 million for misreporting information and delivering poor service to customers. Ofwat is now publishing final notices penalising the company, after proposing to fine the company last September.
Ofwat Fines Thames Water For Misreporting Information
Ofwat, the Water Services Regulation Authority, has fined Thames Water 0.7% of its turnover of £9.7 million for misreporting information and delivering poor service to customers. Ofwat is now publishing final notices penalising the company, after proposing to fine the company last September.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
