Energy Saving Finance Water & Waste Water Markets

Ofwat tells water firms to cut bills by 12% before 2025

The water regulator says returns on invested capital will be capped at a rate of 5.02%, down from the current limit of 6.64%

Jonny Bairstow

16/12/2019 11:00 AM

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Water companies ‘must address concerns over unfair bills’

Image: Shutterstock

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Jonny Bairstow

Jonny is rubbish at cricket (a bit like his namesake) but very good on old bikes. A charmingly well-educated young man, he is both the most polite reporter we have had and the most laid back. A top performer who is never easily distracted his languid cool…