Thames Water refused bill rise
The water regulator has rejected Thames Water's application to increase its prices by 8% (equivalent to extra £29 on bills) for 2014-15. Ofwat said: "We are not convinced that an extra bill increase is justified."
The water regulator has rejected Thames Water's application to increase its prices by 8% (equivalent to extra £29 on bills) for 2014-15. Ofwat said: "We are not convinced that an extra bill increase is justified."
Water regulator Ofwat has rejected a bid by Thames Water for an additional price hike for 2014 to 2015 of 8%.
We said we would challenge Thames' application, in the interests of customers. We did just that and on the evidence provided we are not convinced that an extra bill increase is justified.
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