The Consumer Council for Water today (11 August) warned that Thames Water has proposed an average bill increase of 16% above the rate of inflation by 2015. This means that the average water and sewerage bill in the region could rise from £280 in 2009 to £329 by 2015 before inflation.
The proposed price increase is being published as part of Thames Water’s draft business plan, which will be used as a starting point for the discussions that will decide water price limits up until 2015. The exact amount that the company will be allowed to raise prices will be decided by the economic regulator, Ofwat, in November 2009.