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End of Rising Water Bills?

water

Published by the Pirate FM News Team at 11:13am 22nd November 2013

There is a hint Cornwall could see the end of water bill hikes.

South West Water has already warned we could be paying another £70 by 2020.

Now the Environment Secretary has hinted we could be "pleasantly surprised" when the final price rises are revealed.

But Owen Paterson insists he cannot intervene directly: "It's not for me and my office to dictate prices. This industry is a combination of private companies with a vigorous independent regulator and it's very important that I don't overstep the mark.

"I think we'll be pleasantly surprised to see when the new price review comes through that prices will be held and some may fall. But, we also have that balance because, if we're going to keep the industry efficient and keep prices down long term, we do need to keep that investment coming in."

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