As the water industry today submits its requests for price increases above inflation for water, the good news is that if it continues to rain for a couple more weeks, a hosepipe ban will almost certainly not be imposed locally this summer.
According to the BBC, United Utilities plan to raise their prices by 2.7% per year above inflation over the next five years, or 11% above inflation in total. The BBC refers to 'the general level of inflation' which raises the question of whether this will be the Government's 'almost 4%' figure or the one that includes energy, fuel and food!
In contrast to United Utilities and the other English water companies, the splendid Dwr Cymru, that is Welsh Water, says it doesn't want to increase charges above inflation. As the list of advantages gets longer, perhaps that Welsh application form should be considered again!
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