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Water companies

Posted: 22nd May 2024 at 7:23am
by eebagum
So more maybe added to the cost of living if the water companies get away with it.

Southern Water - 91% increase to £915 a year by 2030

Thames Water - 59% to £749

Hafren Dyfredwy - 56% to £676

Severn Trent - 50% to £657

Wessex Water - 50% to £822

Yorkshire Water - 46% to £682

Dŵr Cymru - 43% to £702

United Utilities - 38% to £666

South East Water - 35% £330

Pennon - 33% to £644

Portsmouth Water - 31% to £157

SES - 30% to £315

Anglian Water - 29% to £682

Northumbrian Water and Essex & Suffolk Water - 26% to £530

Affinity Water 25% to £294

South Staffs & Cambridge Water - 24% to £221

Re: Water companies

Posted: 22nd May 2024 at 7:41am
by Vera
I doubt they will last that long..
Privatisation of public services is dead, we have tried that model and it does not work.

Service over profits

Re: Water companies

Posted: 22nd May 2024 at 9:43am
by Dexter
I hope any increases do not increase the dividends to shareholders.

There should be an investigation on the returns that shareholders have received in comparison to other typical investments. It is not right that the companies can exploit their monopoly positions and charge an inflated price (at the customers' expense) to keep shareholders happy. If they have abused their position teh you have to question the effectiveness of OFWAT.

I find it incredible that the companies claim that the increases are required to tackle leakages. What have they been doing, since privatisatiion, to get to this situation? They have been ineffective custodians without doubt. Privatisation (like Vera stated) has failed.

It will be interesting to see CT's view of the rises given recent experiences.

Re: Water companies

Posted: 22nd May 2024 at 10:31am
by Keyolder
Dexter wrote: 22nd May 2024 at 9:43am I hope any increases do not increase the dividends to shareholders.
Or the fat cat directors, especially given the blatant dumping of sewage in rivers from some water companies... [Angry.png]