Is anyone in actual disbelief at the new water charges coming in 2025?

inflationbuster

Water companies have been favouring shareholder returns in the form of dividends instead of using that money to invest in infrastructure.  

So consumers are being fleeced to ensure shareholder continue to reap the rewards.

It's as simple as that.

35har1old

DullGreyGuy said:

ballisticbrian said:

I'm not attempting to make this political, it is purely maths! Anyone?

Lets make up a silly example because its always easier... you are a water company. You are already providing the absolute maximum water you can with the kit you have, can't support 1 more household. 

Mr Developer comes along and builds 10 new houses, lets ignore the water it took to build them, but yes you are right the water company now has 10 more customers so getting, on average £4,750 more a year in revenue. 

How much do you think a water treatment plant costs to build and plumb in? Less than £4,750 or more? 

Even if you managed to find some way to actually do it for £4,750 now who's paying for the running of that new plant as you've used all your new revenue setting it up and left nothing to run it. 

This is investment in infrastructure, the cost of doing it is going to be many years of payments from the new customers its supports but you need the money now not in 6 years time. Similarly you wouldn't build a plant that can only deal with those 10 new households but build one that can deal with the next 10 years worth of projected growth as the overheads of running infrastructure projects proportionally diminish the larger it is but for this year its just 10 new payers.

As you say its just purely maths 

The builder would be prevented from building until the infrastructure was available 

Marvel1

New bill came through £12 extra a month (£40) for 10 months  I don't even use that much living on my own, can't get a water meter and on the single use tariff!