Wednesday, February 28, 2007

Cost of water increases at twice the rate of inflation

Guardian

OFWAT, regulator of the Water Industry has confirmed that water rates for the average household will rise by £20. Customer of South West Water face an increase of around 16%. These rises come despite the perceived failings of the industry and the shortages last summer.

Posted by jellycaster @ 03:48 PM (602 views)
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5 thoughts on “Cost of water increases at twice the rate of inflation

  • Ofwat seem to think inflation is at 3.9%, are they just allowed to use any inflation figures they want???? The whole measurement of inflation is an mess, we have 2 stardard measurement of inflation either of which seem to bear any relationship to the actual rise in the cost of living. grrrrrraaaattte says tiger tony blur

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  • For reasons no-one knows however, it will not make a difference to the inflation statistics.

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  • Just had my water bill today, gone up by 11% on last year, this could be spun into “Wessex Water increase bills by 282% above Ofwat inflation figure”

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  • Paul; that is not quite true, it will make a difference (downward) to inflation if your water bill goes down but as you have pointed out, somehow not on the way up?? Could the government be fudging the numbers?

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