STOP OFWAT OFGEN ECT INCREASING BILLS FOR GAS ELECTRICITY AND WATER

We can only accept petitions about things the Government or Parliament are directly responsible for. Decisions about price controls for water, which include the cost of investment in infrastructure, are a matter for Ofwat, not the UK Government or Parliament. Under the Water Industry Act 1991, Ofwat has a statutory duty to make sure that companies are able to finance the proper carrying out of their functions. In setting price controls Ofwat's aim is to allow for a return on capital that is no more than necessary for an efficiently run company to get the funding they need, and that ensures customers only pay for a reasonable level of financing costs. You can find out more about Ofwat's price controls here: https://www.ofwat.gov.uk/households/your-water-company/profits/