Water bills are set to rise for many customers after Ofwat gave provisional approval for 13 water companies to recover additional funding through customer charges.
The decision means the companies covered by the approval will be able to increase bills in order to pay for investments. The approval is provisional, meaning it forms part of an ongoing process rather than a final settlement.
The increase will affect many water customers, although the supplied information does not specify which companies are included, how much bills could rise by, or when the higher charges would take effect.
Ofwat’s approval is linked to investment spending by the water firms. The companies have been permitted to charge customers more to help meet those costs.
The latest known position is that the approval remains provisional. Further details, including the individual companies involved, the scale of bill changes and any final decision, have not been provided in the supplied material.
