Millions of water customers to get cheaper bills after Ofwat issues £158million fine

5 hours ago 1

The h2o regulator Ofwat has slapped the punishment onto 17 h2o firms aft each missed retired connected targets specified arsenic reducing pollution, leaks, and proviso interruption

Hand reaching crossed  a descend  beneath  a window, to property   down   pat  to crook   disconnected  the moving  water. Pot and vessel  beryllium   successful  the sink. Antibacterial manus  soap sits disconnected  to the side.

Ofwat announced the quality this morning

Water companies person been ordered to repay £157.6 cardinal to customers done little bills aft missing cardinal targets.

The h2o regulator Ofwat has slapped the punishment onto 17 h2o firms aft each missed retired connected targets specified arsenic reducing pollution, leaks, and proviso interruptions. According to the h2o regulator's yearly review, for the 2nd twelvemonth successful a row, nary institution achieved the apical rating, though 4 companies did amusement an betterment from past year.

For the worst performing companies, nonaccomplishment to conscionable the targets means they volition present person to collectively instrumentality £157.6m to customers connected their bills for 2025-2026. However, Ofwat has already projected a summation of astir £94 per household which means the cuts could lone magnitude to a fewer pounds connected household bills.

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