Three water firms commit to £1.2bn environmental investment while slashing bills

Three water and sewerage companies will spend a combined £1.2bn between 2020 to 2025 on improving the environment, under plans set to be approved by Ofwat.

The water industry regulator yesterday published draft decisions on plans put forward by United Utilities, South West Water and Severn Trent, as part of the water sector’s 2019 price review process.

Under the plans, 7.9 million households in the North West, South West and Midlands could see their water bills fall by as much as £70 before inflation by 2025, it said.

Ofwat says more affordable bills can go “hand in hand” with investment to reduce pollution and clean up 4,500km of rivers. By 2025, the three companies will also be required to cut leakage by at least 15% while providing help for 300,000 customers struggling to pay.

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