Personal Finance

How much more will you pay starting on April 1st, when water bills are expected to increase by up to 47% next month?

How much more will you pay starting on April 1st, when water bills are expected to increase by up to 47% next month?
When water bills in England increase in April, billpayers may be as much as 225 pounds worse off

Next month, water bills will start to rise, which could make households up to 225 less wealthy annually.

Also, there are other bill hikes that could be considered. Along with council tax, broadband, and other expenses, energy bills are also expected to increase by 62.4 percent starting in April, when the new price cap goes into effect. This is why it has been dubbed "Awful April."

Although some water companies are pushing for higher rates, up to 47 percent, the average increase in water bills for residents of England is 123 percent. Because of this, some households will have to pay an eye-watering £225 more.

We examine the prices that the water companies plan to charge in the upcoming month.

In April, how much will water cost me?

Water bills will rise by an average of 123 percent per year starting in April, although the rate of change varies greatly by region.

Customers of Nortumbrian Water will experience a smaller increase of 80, while those of Southern Water will see increases of 225.

Where you live in the nation affects your water bill. According to your water provider, the table below illustrates how much your water bills will rise.

The reason behind the rise in water charges?

The increases follow last December's announcement by Ofwat, the water services regulation body, of a plan to quadruple investment in England's water infrastructure by spending 104 billion. In addition to improving the current infrastructure, nine new reservoirs will be constructed.

For the next five years, water prices will probably stay high in order to finance the program.

The water industry association Water UK says businesses will increase safeguarding measures to lower water bills for those who are struggling, even though some customers' budgets will be stretched by the price increases.

The group claims that over the next five years, social tariffs or WaterSure fees totaling more than £4.11 billion will lower water bills for over 3 million households.

Politicians and consumer advocacy groups have both criticized the move.

According to Tim Farron, the former leader and environmental spokesperson for the Liberal Democrats, it is "absolutely scandalous" that customers are footing the bill for water companies' shortcomings. "The whole thing stinks," he said in closing.

In the meantime, the Consumer Council for Water's CEO, Mike Keil, has bemoaned the hikes as being "more than what many people can afford."

"We are aware that at least two out of five households will struggle to pay these increases, but some water companies' assistance is unambitious. People want to see more investment, but this needs to be accompanied by a robust safety net for clients who might find it difficult to pay.

Ofwat CEO David Black stated: "We acknowledge that some customers are struggling with mounting financial strains and know that the water industry is not the only one where customers are dealing with growing expenses.

"We strongly encourage customers who are having trouble paying their water bills to get in touch with their water company so they can access this assistance, and we have pushed companies to double the amount of support over the next five years."

Even though expenses are going up, the 104 billion investment we have approved over the next five years will help to secure long-term drinking water supplies for consumers and speed up the delivery of cleaner rivers and seas.

What are some ways to lower my water bill?

Although moving your company to another location won't save you money, there are still ways to keep your expenses low.

To do this, they can ask their supplier for a water meter. If the household "uses less water than the average home," Jobson claims that this could "potentially reduce bills."

The BFIA has a helpful guide that explains how a water meter can help you save money.

Your personal water usage patterns are another way to lower your water bill. In order to achieve a smaller bill, Jobson claims that "simple changes" are essential. He gives the examples of "using water-efficient appliances, repairing leaks, and taking shorter showers" as strategies to reduce water expenses.

"Those who are having difficulties should see if they are eligible for reduced rates or hardship assistance from their water provider," Jobson adds.