Average UK water bills to rise by 2% from April
Water UK has said that the average water and sewerage bill in the UK is going to be going up by 2% after 1st April, 2019.
The water provider has said that this new water bill will be an average of £415. This is an increase of £8 on the current average.
The chief executive of Water UK, Michael Roberts, said: ‘We’re on course to see extra investment and a decade of falling bills, showing a water industry that is dynamic and passionate about delivering real benefits for customers, the environment and the country as a whole.
‘The water industry’s record has been good over the past 30 years — cutting leakage, keeping bills affordable, improving water quality and cleaning up rivers — but it’s clear the water companies have higher ambitions for the future of water with customers right at the heart of everything that they do.’
According to Water UK, the below-inflation rise will result in bills actually coming down over 5% in real terms between 2015 and 2020.
They also said that water companies in England and Wales are going to be investing over £8 billion over the next two years and plan to spend more than £50 billion between 2020 and 2025.
This extra funding is going to be going towards preventing more and more leakages — by a predicted 16% — as well as reducing bills by 4% and offering 90% more support for those who are finding it difficult to pay bills.
This bill increase comes only days days after the industry regulator, Ofwat, told water companies the they needed to come up with better business plans.
They had criticised firms in the past for damaging their customers’ trust with poor performance and excessive executive pay cheques.
To make sure you’re getting the best deal on all your bills, it’s important to review how much you’re spending on utilities. Many believe that the cost of living is going up and up in the UK, and households are paying out more for their bills every year.
You should always be shopping around for the best deal — use a price comparison tool like A Spokesman Said to make sure you’re finding the right deals on energy to being your utilities costs down. This way, you can get back some of the money you’re spending on basics like water.
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