Severn Trent 2025/26 Increase

mmmmikey

canaryinthemine said:

Metered with Severn Trent Zone 1.

 £1.614 cubic meter 2023/24                    Standing Charge £33.95 p.a.
 £1.820 cubic meter 2024/25 (+12.76%). Standing Charge £37.26 p.a.(+9.7%)
 £2.608 cubic meter 2025/26 (+43.30%)  Standing Charge £50.17 p.a. (+34.6%)

Thank you OFWAT!

Yes, it's frustrating. Thanks to OFWAT we're now paying the price for years (or should that be decades or even generations?) of under-investment. 

To be fair, OFWAT are between a rock and a hard place. If they had done what was necessary and prudent then they would have allowed the water companies to invest years ago and charge us progressively and accordingly -  which they would have been hammered by the press for. But in response to public demand prices have been kept artificially low for a long time and now we are facing the need to catch up. Or to put it another way we've got to the "pay later" bit of "live now, pay later" - which undoubtedly they'll be hammered for.

There's no easy answer really. If we want to keep the taps running we don't have much choice but to start paying enough now to catch up with the past underinvestment. I suspect that there will be many years of rising prices ahead of us.

MarktheHarp

Wow - just got my water bill. Standing charges have now increased by 54%, and the unit usage charge is now 43% higher 🤪 Severn Trent metered supply.