News

Average national water bills to rise by 4.6%

The regulator Ofwat has announced the water and sewerage prices for 2011 / 12 will see bills in England and Wales rise by 4.6%, which means the average bills will rise by about £ 16 to an average annual cost of £ 356.

Ofwat says this is around 10% lower than the figures water companies requested and roughly in line with inflation.

Welsh water will see some of the lowest combined water and sewerage bill rises of £11 and South West some of the highest rises at £ 25.

Ofwat Chief Executive Officer Regina Finn stated ” People can shop around for the best deal on many things but not water, our job is to do this for them. No one wants to see bills increasing, particular in tough economic times. When we set the limits on prices we listed to customers and challenged companies hard, that’s why the average bills are set to remain broadly in line with inflation up until 2015″

£22 billion will be invested by water companies with £10 million peoples water supplies being improved.