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Cornish Water Bills

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2:40pm 10th December 2012

It is feared Cornwall's water bills could get even more expensive.

South West Water has warned government plans to sell off rivers and reservoirs could drive up prices.

It comes as a fifty pound rebate is due to kick in from next April.

There are claims that reduction could be wiped out by any increases.

A spokesperson for South West Water said: "South West Water has notified our economic regulator Ofwat we do not consent to its proposed licensing changes.

"In line with the widespread concern in the industry, we believe the Ofwat proposals as they stand are not in the long term interests of customers because they do not do enough to maintain investor confidence in the sector.

"However we welcome Ofwat’s latest statement which does clarify some of their proposals and whilst we have not been able to consent to the proposals as they are now, we have responded to Ofwat constructively on how our concerns could be addressed. We look forward to continuing discussions to achieve an acceptable conclusion which will protect the interests of our customers and investors."

2:40pm 10th December 2012

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