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Water Bills in England and Wales to Rise by Record 26% from April

Millions of households will face steep increases as companies fund infrastructure upgrades and tackle pollution issues.

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The United Utilities Bowness outfall pipe releases surface water into Lake Windermere in May 2024 (Photo: Christopher Furlong/Getty Images)
Pennon said the rights issue and the Ofwat settlement “brings clarity and visibility” to deliver a £3.2 billion capital spending package
Household water bills in England and Wales will increase by £123 over the next year (Photo: Getty)

Overview

  • The average annual water bill will increase by £123, rising from £480 to £603, marking the largest hike since the industry's privatisation 36 years ago.
  • Southern Water customers will experience the highest increase of 47%, bringing their average bill to £703, while other regions face rises ranging from 29% to 32%.
  • The increases are attributed to funding a £104 billion investment plan through 2030 aimed at improving infrastructure, reducing pollution, and building reservoirs.
  • Critics highlight decades of underinvestment, rising shareholder dividends, and mounting customer debt, with 2.5 million households already struggling to pay bills.
  • Water companies and the regulator Ofwat have pledged financial support for over three million households, though concerns remain over the affordability of these hikes.