#ofwat

#ofwat

We expect construction of a significant number of these major water sector projects to commence within the next five years, an unprecedented ambition for the sector.

Ofwat has announced significant increases in water bills in England and Wales, stating that the average water bill will rise by 36% over the next five years. This increase, amounting to £157, aims to fund a £104 billion upgrade to the water sector, promising improvements for customers and the environment. However, the immediate concerns arise as households will see an average hike of £86 or 20% in the next year alone, excluding inflation, which raises questions about affordability.