Only a few months prior, Water UK had argued that the nation’s pipe and sewerage network needed to be overhauled, and that this could be accomplished by a more drastic increase in costs over the second half of the decade.
According to Water UK, the hikes, which amount to £27 annually, will result in an average yearly bill of £473 for homes.
The body claimed that despite the rise being less than that of the previous year, it was nevertheless necessary to pay for infrastructure upgrades in response to criticism over intentional sewage spills and inadequate water supply resilience.
It declared in October of last year that it was going to ask bill-payers for permission to contribute significantly more in the second half of the decade.
The proposed business plan promised 10 new reservoirs in exchange for the funding, which would control leaks and prevent sewage overflows the size of 6,800 Olympic-sized swimming pools.
According to Water UK, the most recent increase will enable a record £14 billion investment to guarantee supply security and “significantly reduce” the volume of sewage entering rivers and oceans.
It stated that assistance would be provided to almost two million low-income households in order to cover the increases.
