The average household water and sewerage bill in England and Wales is set to increase by 3.5pc over the next year, regulator Ofwat said today.

To send a link to this page to a friend, you must be logged in.

Households will pay an average of £388 from April 2013 to March 2014 - 0.5pc above the rate of inflation.

Ofwat chief executive Regina Finn said: “Back in 2009, companies wanted bills rises of 10pc above inflation. That didn’t chime with what customers told us they wanted, so we said they could only increase bills in line with inflation.

“We understand that there is huge pressure on household incomes, and any rise is unwelcome. Inflation is driving these increases.”

Ms Finn added: “We will make sure customers get value for money and if companies fall short in delivering their investment promises, we will take action.

“In the past seven years, we have made companies pay out around £550 million where they have underperformed.”

The new charges will vary for households depending on their supplier and whether they have a water meter, Ofwat said.

The increased bills will help pay for an investment programme worth about £25 billion between 2010 and 2015, the regulator added.

Tell us your views below.

7 comments

  • You'd better get used to utilities screwing up their prices,because as national assets they were sold off,and profits became much more important than supplying a necessity.Massive Gas,Electricity,and water bills are one of the reasons consumers have little disposable income,and the economy is flat. Unless the government changes things,like their imposition of irrelevant green taxes,and reigns in the utilities,we will stay in a recession.

    Report this comment

    Harry Rabinowitz

    Tuesday, February 5, 2013

  • Alas, I fear anyone not investing their windfall cash from the original privatisation giveaway wisely will soon be out of pocket. Please remember investment is the enemy of short-term profits in the private sector, norfolkngood! Now come along, I don't recall much wailing to the contrary when the public monopolies were floated at knock-down values and the gen pop were reaping instant gains on the shares. Don't say you actually bought into any of that nonsense about privatisation being the way forward to attract new capital investment? LOL. Now some of you might be wondering why MPs or even government ministers are not jumping up and down about this scandal, you know, in the way they wade in about windfarms or "illegal" piggies. I'm not suggesting they would stop, reduce, or reverse the price rises, but just shooting their mouths off to show alignment with the feelings of the electorate is usually a good thing to do. But in this case you have to realise this price rise is good for the country. Assuming none of you are able to significantly reduce consumption, this increase and all the other little increases added together will go some way to prop up faltering GDP, and in turn maintain the false impression that things are under control.

    Report this comment

    Mr Cameron Isaliar

    Tuesday, February 5, 2013

  • So Regina, your customers said they wanted an increase in line with inflation, really? So you then went in higher than inflation - how did that "chime"? Never mind on £150-160k per year plus £10k benefits times are tough and your actions obviously seem to fit in with your stated objectives of "limiting the prices companies can charge and making sure that bills are kept as low as possible". The rises are driven by inflation and your actions are adding to inflation. Are you considering resigning for failing to meet your objectives, exercising inflationary increases and let alone not "chiming" with customers?

    Report this comment

    F G HOB

    Tuesday, February 5, 2013

  • Anglian Water like the rest of the utilities are nothing more legalised swindlers and as for OFWAT, well they are watchdog with rubber teeth and a complete waste of time.

    Report this comment

    John L Norton

    Tuesday, February 5, 2013

  • Alas, I fear anyone not investing their windfall cash from the original privatisation giveaway wisely will soon be out of pocket. Please remember investment is the enemy of short-term profits in the private sector, norfolkngood! Now come along, I don't recall much wailing to the contrary when the public monopolies were floated at knock-down values and the gen pop were reaping instant gains on the shares. Don't say you actually bought into any of that nonsense about privatisation being the way forward to attract new capital investment? LOL. Now some of you might be wondering why MPs or even government ministers are not jumping up and down about this scandal, you know, in the way they wade in about windfarms or "illegal" piggies. I'm not suggesting they would stop, reduce, or reverse the price rises, but just shooting their mouths off to show alignment with the feelings of the electorate is usually a good thing to do. But in this case you have to realise this price rise is good for the country. Assuming none of you are able to significantly reduce consumption, this increase and all the other little increases added together will go some way to prop up faltering GDP, and in turn maintain the false impression that things are under control.

    Report this comment

    Mr Cameron Isaliar

    Tuesday, February 5, 2013

  • The mafia would be proud of the utilities in the UK 'Recession, what recession...just give me the money!' AW has a turnover of £1billion, £360 million goes to pay an everlasting loan(of which £1.2billion is in the Cayman Islands) and shareholders took £400 million, so only a 13rd stays in this country for investment and thus almost free from UK tax etc.

    Report this comment

    WTH

    Tuesday, February 5, 2013

  • The Water Companies should never have been privatised. Their Directors and shareholders have made millions. OFWAT is just a puppet of the Companies. This investment should have been made over the years since privatisation, but it hasn't. We're all in it together??

    Report this comment

    norfolkngood

    Tuesday, February 5, 2013

The views expressed in the above comments do not necessarily reflect the views of this site

ADVERTISEMENT

ADVERTISEMENT

Norfolk Weather

Overcast

Overcast

max temp: 19°C

min temp: 17°C

Five-day forecast

loading...

ADVERTISEMENT

ADVERTISEMENT