Business

UK water companies pledge to cut bills and tackle leakage

Water cascades down the Pen-y-garreg dam in the Elan Valley in mid-Wales on April 13, 2014. The dam is one of a network of four dams that created five reservoirs when built in the early 1900’s to provide the city of Birmingham with water. The water is gravity fed towards the city dropping 52 metres along its 73 miles (117 km). AFP PHOTO / PAUL ELLIS / AFP PHOTO / PAUL ELLIS (Photo credit should read PAUL ELLIS/AFP/Getty Images)

By: Radhakrishna N S

Four of England’s water giants including Thames Water have announced business plans on Monday (03) to cut leakages and improve services while keeping prices at least flat in real terms after their performance was questioned in the country’s hottest summer season. Environment Minister Michael Gove urged the water companies to prioritise in tackling water leakage which moved up two per cent to 3.183 billion litres per day in 2017-18. The strategies are being submitted by the water companies in England and Wales to the regulator Ofwat for the five years starting from 2020. The Water Services Regulation Authority, or Ofwat, is the separate body accountable…

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