UK regulator proposes water bill cuts
UK water regulator Ofwat has proposed cutting customer bills by 240 million pounds. Thames Water and Yorkshire Water face the largest penalties for underperforming on their targets.
United Kingdom water regulator Ofwat proposed to cut customer water bills by £240 million ($318.5 million) during Wednesday morning trading. The move addresses persistent service shortfalls across several major utility providers. Thames Water and Yorkshire Water face the largest financial penalties for under-performing on statutory performance targets.
