UK water bills set for significant increase, with potential average annual bill of £615 by 2030.
UK water bills are set to increase significantly, with projections exceeding £100 due to rising costs and necessary investments in the industry. Ofwat, the water regulator, previously agreed to a 21% average rise from 2025 to 2030 but is now reconsidering higher increases, with some companies proposing hikes of 53% to 85%. A final decision is expected on December 19, potentially raising the average bill to £615 annually by 2030.
October 22, 2024
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