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Reading: Water corporations search even larger invoice will increase than first indicated
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Michigan Post > Blog > Business > Water corporations search even larger invoice will increase than first indicated
Business

Water corporations search even larger invoice will increase than first indicated

By Editorial Board Published October 22, 2024 1 Min Read
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Water corporations search even larger invoice will increase than first indicated

Water corporations throughout England and Wales are asking for payments to be made even larger than they first requested, with one firm in search of an 84% hike.

The most important water firm within the UK, Thames Water, is now on the lookout for payments to rise 53% by 2029/30, in response to figures printed by water regulator Ofwat.

The most important rise – 84% – is sought by Southern Water.

Of all English and Welsh water companies just one utility, Wessex Water, will not be in search of even larger payments than they first requested from the regulator in July.

Ofwat will make its closing choice for the way a lot water payments can rise on 19 December.

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