MSE News: Water bills to fall in real terms

Former_MSE_Guy

This is the discussion thread for the following MSE News Story:

"Households will see a £3 fall in average annual water bills to £340 before inflation over the next five years, industry regulator Ofwat said today ..."

Read the full story:
Water bills to fall in real terms

gjs1701

Isn't it about time consumers had the choice of water companies?

Premier_2

http://forums.moneysavingexpert.com/showthread.html?t=2106237

jtb2412 wrote: »

Wow ! Yipeeeeeeeeeeeeeee I'm going to get £3 off my water bill next year (that's meant to be sarcastic lol)......... pathetic :rolleyes:

Premier wrote: »

It's a joke. :mad:

Whilst water companies have effectively been told to cap prices at inflation for the next 5 years, it does nothing about the recent huge prices the water companies have imposed.

e.g. I've just had my (metered) water bill for the next 6 months from Severn Trent. Whilst my consumption was exactly the same as the previous 6 months, the bill has increased by over 30% :eek:

I wonder how my employer would react if I were to suggest a 5.5 year pay deal of 30% plus inflation? :rolleyes:


The rise in share prices of water companies, Severn Trent in particular, on the news says it all.


Edit: Btw, I believe it is an average if £3 off before inflation spread over the next 5 years, so don't hold your breath

Yep...

Households will see a £3 fall in average water bills to £340 before inflation over the next five years, industry regulator Ofwat has said....

http://www.google.com/hostednews/ukpress/article/ALeqM5jAixKGALdZ0UbDlP7gGFCKtAeLyw

FB13

Scotland, with its much larger real cut, was conveniently left out of this article.

http://www.heraldscotland.com/news/home-news/household-water-bills-to-be-frozen-1.986577