Water Giants to Hit Households with Greater Bills
Wednesday, April 8, 2009 21:46
In spite of the great pressures on households’ finances, utilities have proposed average rises of £23 over the coming five years.
The biggest hike of £48 was proposed by Thames Water, while Southern Water, Bristol Water and Sutton & East Surrey are to rises of between £42 and £44 from 2009-10 to 2014-15. This proposal of sustained, above-inflation rises in prices has sparked a major battle between the firms and consumer groups.
After demanding swingeing hikes in customer bills, Water companies were accused of being ‘robber barons’. They are stepping into ‘dangerous’ territory given soaring unemployment and faltering household incomes
However, the companies defended the proposed charges via arguing that they are necessary to improve drinking water, maintain pipes as well as sewers and combat leakage. But some companies will face further controversy as they seek to combine hikes in bills with lower-than- expected investment plans.
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