Published 18 days ago

Thames Water bills will still increase by 40% in updated business plan

Thames Water, serving 16 million customers in southern England, proposed a £1.1bn spending increase and a potential £1.9bn network investment to regulator Ofwat.
With approval, this may lead to an additional £19 yearly bill increase, on top of the initial 40% raise proposed by Thames Water.
Currently, the average annual bill is £432.60, and Thames Water faces a debt crisis with £15bn in debt.

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BBC News

Thames Water makes fresh bid to lift bills by at least 40%

The troubled water firm pledges to invest more in the environment ahead of a key meeting with Ofwat.

18 days ago·United Kingdom

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The Guardian

Thames Water could raise bills to £627 a year to help fix leaks

Embattled water supplier promises to invest up to £3bn more over the next five yearsBusiness live – latest updatesThames Water could raise bills to as much as £627 a year to pay to fix its leaky network, after promising to invest up to £3bn more over the next five years.The embattled water supplier said on Monday that it had updated its spending plans for 2025 to 2030 after discussions with the industry regulator, Ofwat. Continue reading...

18 days ago·London, United Kingdom

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Daily Express

Thames Water bills could soar by £62 a month under new business plans

The group, which is battling to survive amid a funding crisis, has proposed increasing spending by £1.1billion and revealed another potential £1.9billion investment in its network as part of new business plans to regulator Ofwat.

18 days ago·United Kingdom

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The Telegraph

Thames Water plots bills of more than £50 a month - latest updates

Thames Water aims to increase bills by 45pc over the next five years to more than £50 a month as its £18bn debt mountain leaves it on the verge of collapse.

18 days ago·London, United Kingdom

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Shropshire Star

Thames Water warns over 44% bill hike under new business plans

Troubled Thames Water has put forward new plans to boost spending and investment in its network, but warned this could see customer bills surge by 44%.

18 days ago·Ketley, United Kingdom

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