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English water firms ask customers to pay for £96bn plan to cuts leaks and discharges | Water industry

Water companies in England are asking customers to pay for a record £96bn investment into fixing raw sewage leaks, building new reservoirs and cutting leaks. The main water and sewerage companies want the regulator to approve their spending plans for 2025-30. They will publish their individual investment strategies on Monday for Ofwat to examine but some details may be withheld from public scrutiny. Water UK, the industry body, said the £96bn investment was a near doubling of current levels of money going into the privatised water system. The investment across the industry would create 30,000 jobs and 4,000 apprenticeships to help deliver improvements. The increase in bills will vary across companies. Water UK said the average bill was likely to rise by £7 a month by 2025. This is expected to increase to £13 a month, or £156 a year, in 2030. The attempt to increase water bills to pay for the investment comes after Ofwat ordered the companies to pay customers back next year as a penalty because progress on leakage and sewage spills …

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English water firms ask customers to pay for £96bn plan to cuts leaks and discharges | Water industry

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