Tag: Thames Water
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UK water bills rise: CMA approves limited price increases for five suppliers amid broader regulatory push
Regulator approves modest price rises for five water suppliers Millions in England face higher water bills even as the competition regulator tightens the reins on price demands. The Competition and Markets Authority (CMA) provisionally authorised five water companies to raise charges above what Ofwat had allowed, but rejected most of the companies’ larger increases. The…
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UK Water Bills Rise: CMA Grants Limited Increases Amid Regulator Push for Upgrades
Overview: A Narrow Path Between Investment and Affordability Millions of households across England face higher water bills after the UK competition regulator, the Competition and Markets Authority (CMA), provisionally approved additional charges for five water suppliers. The decision allows an extra £556 million to be collected from customers over the next five years, but notes…