Benefits of energy price drop ‘washed away’ by water rise

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 […]

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By Vicky Ellis

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.”