WATER FARCE
Daily Mirror UK|October 23, 2024
Now firms want to raise bills by EVEN more
NATASHA WYNARCZYK
WATER FARCE

WATER companies are trying to increase bills by even more than first thought - with one seeking a huge 84% rise.

Regulator Ofwat is in the process of deciding how much bills in England and Wales will be allowed to rise, with the final decision made on December 19.

In July, it provisionally agreed to allow them to rise by an average of £19 a year between 2025 and 2030. This would be a 21% rise or a £94 increase over that period.

But now firms have applied to Ofwat to raise bills even further so they can upgrade their networks after years of under-investment.

Bu hikaye Daily Mirror UK dergisinin October 23, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Daily Mirror UK dergisinin October 23, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.