The prices we pay for our water bills are regulated by Ofwat. The water industry is not as open to competition as most other areas in this Cut your bills section.
Most households in the UK do not have any choice as to who they get their water supply from. However, consumers can research the type of water they have to see whether they would be better off having a water meter and many people can save hundreds of pounds over just a few years.
Around thirty per cent of homes are charged based on having a water meter. This means your water bill is based on actual usage. Water meters are also used to calculate your sewerage bill.
However, around 70 per cent of households are still billed based on the water bill system. Here the price is fixed in a similar way to the Council tax bill, you are billed based on the rateable value of your home.
There are no plans at present to change this system and there is no appeal process to get the rateable assessment of your home changes (as there is with Council tax).
- Water bills set to rise over change in responsibility for private sewers
- Water bills to fall by 2015
- Water bills to rise 4.1%
- Watchdog pushes for lower water bills
- Water bills to rise
- Water bills set to rise
- Some 70% of consumers overcharged on household bills
- Millions of UK households face compulsory water bill price hikes
- Water bills up 5.8%
- Brits urged to reclaim overpaid utility bills