Stop water companies raising water bills above inflation rate
The government should set a national increase to water bills they underperformed spend bill payers money on share holders this should be stopped and be based on performance only
- 28 MAR 2025Petition rejectedirrelevant
We can only accept petitions about things the Government or Parliament are directly responsible for. Decisions about price controls for water 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/regulated-companies/price-review/
- 17 FEB 2025Petition created