The water regulator said the company has been set 'a much broader range of commitments to protect and improve the environment'
Average household water bills in Greater Manchester and the north west are set to rise by £94 over a five year period, it was revealed today. It includes an average rise of £27 between 2024-25 and 2025-26, the Water Services Regulation Authority, Ofwat, said.
Ofwat revealed UU wanted to charge its customers more for their water over the period. The average household bill for 2024-5 for customers is £442. UU's proposed plan would see that figure increase to £556 in 2029-30, but Ofwat's draft determination, published today, is costed £20 cheaper, at £536. It said its draft decision 'allows United Utilities to collect £12 billion through bills from both households and businesses over the 2025-30 period'. "This will recover a share of the cost of historical expenditure, as well as a portion of the £12 billion expenditure planned for 2025-30," said Ofwat
"The company is expected to use £213 million to supply smart meters to 900,00 household and business customers," added the draft decision. "We consider that United Utilities can deliver its performance commitments and obligations for less cost than it requested, and our proposed allowances are 17 per cent lower than the company's plan."
"Our draft decision means that United Utilities will be in a position to deliver the investment that is required. We have incentivised it to go beyond its performance targets to achieve even better outcomes for customers and the environment. We will hold the company to account to deliver real improvements for customers and the environment," it said.
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