UK Water Bills Set to Rise Over 20% by 2030 to Fund Infrastructure Overhaul
The increase, driven by years of underinvestment and pollution crises, raises concerns for struggling households and prompts calls for regulatory reform.
- Households in England and Wales face an average water bill increase of over 20% by 2030, with some companies seeking even higher hikes to fund infrastructure improvements.
- The regulator Ofwat is expected to finalize the increase, estimated to add £94 per year to average bills, citing the need for £88 billion in upgrades to address aging infrastructure and pollution issues.
- Critics, including consumer advocacy groups, warn that the rise will disproportionately impact vulnerable households, with calls for expanded social tariffs and financial support measures.
- Environment Secretary Steve Reed acknowledged public anger, attributing the crisis to years of regulatory failures and underinvestment under previous Conservative governments.
- Proposed reforms include ring-fencing investment funds, stricter oversight of water company bonuses, and long-term plans for new reservoirs and pipelines to modernize the water system.