Saturday, July 6, 2024
Energy Transition Outlook Report 2023
HomeRenewablescost of livingWater suppliers seek £156 bill increase

Water suppliers seek £156 bill increase

Water companies are proposing a £156 yearly bill increase by 2030 to fund essential upgrades and address sewage discharge issues.

This investment would nearly double infrastructure spending to £96 billion and support the construction of 10 new reservoirs.

Amid public concerns about sewage discharges and rising living costs, the industry has submitted these plans to regulator Ofwat for approval.

If approved, it’s expected to secure long term water supply, modernise sewers, reduce leaks and cut sewage spills significantly by 2030, with an average annual bill increase of £84 in 2025 and an additional £156 by 2030.

Energy Live News
Energy Live Newshttps://www.energylivenews.com
This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
RELATED ARTICLES
- Advertisment -
Energy Jobline LinkedIn

Most Popular

Recent Comments