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Ofwat announces cut in water bills

Updated on 26 November 2009

Source PA News

Households will see a £3 fall in average water bills to £340 before inflation over the next five years, industry regulator Ofwat has said.

The watchdog's final decision on prices for 2010-15 is less generous to consumers than the £14 before inflation cut first proposed in July.

Ofwat said its decision to leave prices broadly flat still meant bills would be £34 or 10% lower on average than under plans submitted by water companies.

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