From The BBC:
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How a water meter and rainwater butts can result in bills of £10 a month
Water companies’ bids to raise prices between 2010 and 2015 have been snubbed by regulator Ofwat, which wants average household bills to fall instead.Taking out the impact of inflation, the regulator wants the typical bill in England and Wales cut by £14 to £330. According to the regulator, the proposals will allow water companies to invest £21bn in improving services over the next five years. But companies suggest that customers might suffer as a result of the plans. Every five years, Ofwat sets limits on prices that water companies in England and Wales can charge.
Water and sewerage services in Scotland and Northern Ireland are regulated separately. ‘Value for money’Water companies submitted their business plans to Ofwat in April, and the regulator has now set price limits as well as suggested investment levels for each individua…
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