The benefits of recent cuts to energy prices are being “washed away” by today’s water bill increase. That’s according to price comparison site uSwitch.com, which is advising hard-pressed households to consider getting a water meter to combat rising prices.
Water industry regulator Ofwat announced water bills will rise 5.7% as of this morning. In comparison, earlier this month most of the Big Six energy firms cut either their electricity or gas prices, in some cases by 6%.
Ann Robinson, director of Consumer Policy at uSwitch.com said: “Yet again the relentless drain on our finances will leave households fighting for air. Energy prices have only just fallen by £34 or 2.6% and consumers are already seeing the benefit washed away by this £20 or 6% hike in water rates.”
She said that while consumers might not have the option of switching to a cheaper water supplier, they do have the option of moving to a water meter, which could save them £54 a year.
Ms Robinson added: “As a rule of thumb, if there are more bedrooms than people in a household then a water meter could be more cost effective.”