Small firms face near-30% rise in water bills, Ofwat letter reveals

Businesses in England and Wales say they are paying for ‘historic errors’ by water suppliersBusiness live – latest updatesSmall businesses have accused water suppliers of saddling them with the cost of “historic errors” made by bosses in the scandal-hit industry, as it emerged their prices could rise nearly 30% by 2030.The water industry regulator, Ofwat, has told businesses that it expects average wholesale charges for non-household customers – which include small firms, charities and hospitals – to increase by about 27% before inflation over the next five years, outstripping the anticipated rise in household bills. Continue reading…



Source link : https://www.theguardian.com/money/2024/oct/01/small-businesses-water-bills-england-wales

Author : Alex Lawson

Publish date : 2024-10-01 16:18:08

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