Water suppliers have been hit with the toughest ever regulation in a bid to lower the bills of everyone. There has been a bid to lower the household bills of people in order to deal with the threat that is looming concerning the nation. The screws are going to be tightened on water companies in order to save people a lot of money over the next year. Water company revenues depend on the approval of the regulators.

Key Takeaways:

• Water companies will need to be very efficient because they will receive less money from customers.
• Investors may pull back since this decision will affect the rate of their return.
• Some companies such as United Utilties’ shares lost value because of the decision.

“Ofwat will shave at least £15 to £25 a year from the average water bill in the first half of the next decade by tightening the screws on water companies, whose revenues rely on the regulator’s approval.”

Read more: https://www.telegraph.co.uk/business/2017/12/13/water-bills-set-fall-next-decade-regulator-orders-companies/