Water firms rapped on knuckles by regulator over bill-hike plans

Ofwat concerned over plans to charge ‘significantly’ more to cover utilities’ day-to-day costs

Water companies have been rapped on the knuckles over plans to charge customers “significantly” more to cover their day-to-day costs from next year.

The water regulator said it had substantial concerns over the business plans of Thames Water, Anglian Water, SES Water and Yorkshire Water for the early 2020s.

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Read the original at Economics | The Guardian.