Water rate - rateable value query

busiscoming2

Hi guys
Just had my water bill in and it occured to me that in the light of having my council tax banding reduced, does this affect my rateable value? Cheers.

Cardew

Unfortunately not.

There is no mechanism to change the RV and in any case the RV was not based on the value of the house but its notional rental value(in the period between 1973 and 1989)

You are aware you can have a meter fitted free and if it turns out to be more expensive you can revert back(within 12 months) to RV based charges?

ventriloquist

The RV was set up by the district valuation office before 1990. the office stopped to exist now, but the water company is allowed to bill based on RV for unmetered customers under Water Industry Act 1999. The company does not set them so they are unable to change them. Council tax increase or decrease will not have any affect on RV at all. The companies are not allowed to bill based on the council tax since it is not supported by the legislation.

RV can be a huge advantage if you have a large family and use a lot of water. How about getting a meter if you are a single or live with someone?