ghostlymoron
Well-Known Member
Ofwat are the ones with the supposed power. Every five years they negotiate with the water companies to decide priorities and fix charges. Water companies present them with a plan of how much they want to spend on capital projects and say how much it is going to cost and what the water charges to customers would have to be to cover it. Ofwat say 'no, you can't raise charges by that much' and knock out some of the capital spend. Companies respond by saying 'if we don't spend that money, we can't meet our statutory requirements'. Eventually a compromise is reached between spend and charges. You can't force companies to spend money they don't have! Water companies make reasonable profits but not excessive (I know, I'm a shareholder in some of 'em). Everyone agrees that a (relatively) leak free distribution system would solve the problem of water shortages but no one will bite the bullet.
Metering and increased charges would encourage users to use more carefully and consider rainwater harvesting but would create outrage against Ofwat and their masters HMG so it isn't going to happen.
Metering and increased charges would encourage users to use more carefully and consider rainwater harvesting but would create outrage against Ofwat and their masters HMG so it isn't going to happen.
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