Household water bills in England and Wales are to be cut by an average of £50 over the next five years, under proposals set out by the water regulator. In its latest price review, Ofwat said the average household bill of £400 a year would fall by £50, or 12%, by 2025. At Thames Water, the UK’s largest water and wastewater company with 15 million customers, bills will fall by 10% to £344 a year. It follows big fines for water companies over water leaks and sewage spills. Anne Dacey, the Environment Agency’s deputy director for water, said: “Water companies are custodians of the environment.

Source: The Guardian July 18, 2019 07:02 UTC