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Ofwat拟因2025-26年度表现将水费净削减2.4亿英镑

Ofwat proposes net £240 million cut in water bills over 2025-26 performance

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Ofwat提议根据水务公司在2025-26年度的表现,将水费净削减2.4亿英镑。现有正文未提供提议的具体分配方式或实施安排。

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Ofwat proposes net £240 million cut in water bills over 2025-26 performance

EditorNavamya Acharya

Stock Markets

EditorNavamya Acharya

Published Oct 14, 2026, 02:59 AM

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Ofwat proposes net £240 million cut in water bills over 2025-26 performance

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Ofwat proposes net £240 million cut in water bills over 2025-26 performance

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Image 3: © Reuters.

© Reuters.

In this article:

SVT+0.32%

Investing.com -- British water companies will return a net £240 million to customers through lower bills, the industry regulator Ofwat proposed on Wednesday, with Yorkshire Water and Thames Water facing the biggest penalties for missed performance targets.

Of the £240 million, £107 million will be returned in customer bills in 2027-28. The figures are part of Ofwat’s draft decisions on rewards and penalties tied to how companies performed against service targets in 2025-26.

The payments differ between companies, reflecting how each performed in 2025-26 compared with what was expected.

Yorkshire Water and Thames Water will see the largest penalty payments applied in April 2027, while the largest reward payments will go to Severn Trent Water and Northumbrian Water.

Ofwat set the service targets at the 2024 price review. Most of the commitments, such as leakage and customer and business experience, carry rewards and penalties known as Outcome Delivery Incentives.

A company that beats its target may receive a financial reward, called an outperformance payment. A company that falls short may pay a financial penalty, called an underperformance payment.

Ofwat said the figures are draft and do not mean every household will see the same change. Bills are affected by a range of factors, and the effect will vary by company and customer type.

Final decisions are due by 15 December 2026 and will affect bills from 1 April 2027. They will take into account final decisions on allowed-revenue changes for both the reward and penalty payments and the cost change process.

Image 4Severn Trent

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Ofwat approved an initial £104 billion of upgrades at the 2024 price review to improve services and clean up rivers, lakes and seas.

It said the funding reflects the scale of investment needed for sewage treatment capacity, reliable pipes and networks, and resilient infrastructure to meet the country’s growing water needs.

The responsibility now sits with water companies to deliver it, Ofwat said.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Ofwat proposes net £240 million cut in water bills over 2025-26 performance

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