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Household water bills set to rise

Household water bills set to rise

Category: Utilities

Updated: 05/02/2013
First Published: 05/02/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Households in England and Wales have been warned their water and sewage bills will increase to 0.5% above the rate of inflation over the forthcoming year.

According to the regulator Ofwat, bills will rise by 3.5% between April 2013 and March 2014, meaning the average water bill will be around £388 a year.

News of the price rise will cause yet more misery for many households, who are already struggling with rising living costs and high utility prices.

Chief executive of Ofwat, Regina Finn, said inflation was driving the price rises: "We understand that there is huge pressure on household incomes, and any rise is unwelcome.

"We will make sure customers get value for money and if companies fall short in delivering their investment promises, we will take action."

It is always wise to take time to compare your utility bills to ensure you are receiving the best deal.

Are your energy prices rising? Check out our energy comparison service and switch today. You could save yourself up to £331*.
(*At least 10% of customers who used energyhelpline to switch their gas and electricity between 1 January 2011 - 23 August 2012 saved £331 a year or more.)

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