Ofwat to block ‘unjustified’ Thames Water price hike

Posted by Guardian: Jennifer Rankin on October 16th, 2013
Guardian: The water regulator Ofwat plans to block an "unjustified" 8% increase in customer bills proposed by Thames Water. Thames Water wants to add £29 to the bills of its 14 million customers in London and the south of England, arguing that the one-off charge is needed to help pay for the Thames tideway "super-sewer" in the capital, as well as an increase in Environment Agency charges and a spike in unpaid bills. The price hike would take the average annual bill to almost £400 by 2015. Ofwat said the......

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