Water

PR24: Yorkshire to double environmental spend

Water and sewerage company Yorkshire Water is proposing a total spend of £7.8 billion to 2030, a significant step-up from the £4.3 billion allowed in PR19. Yorkshire says its proposed investment plan, which will be its largest ever, is predominantly driven by the requirements of the Water Industry National Environment Programme (WINEP), specifically the Storm Overflow Discharge Reduction Plan (SODRP).

PR24: Smart metering hits mainstream

Storm overflow spend to top £9bn over PR24

Wastewater companies have set out their investment plans to tackle storm overflows during the PR24 period. The total investment will top £9 billion with several companies expecting to beat government targets. United Utilities (UU) and Yorkshire Water will make the largest investments in PR24 at £3.1 billion and £1.9 billion respectively due to UU having more combined sewers than most other water companies, coupled with higher-than-average rainfall.

PR24: SES to ‘fall short’ on net zero

Water bills could rise by up to 64% by 2030

Water firms seek £96bn across AMP8

Weekend press round-up: Bills set to rise as water companies turn on spending taps

In our latest review of sector coverage in the national media, water companies are set to invest £90 billion through their combined business plans for 2025-2030 but there are questions over whether they can deliver on their plans. Meanwhile, there are warnings that energy bills remain unaffordable despite a cut in the price cap and concern that consumers will still need help to meet the costs of installing a heat pump.

SVT ‘really confident’ Ofwat will approve £13bn spend

Severn Trent has told investors it is confident the "vast majority" of its spending plans for 2025-2030 will be approved, after asking for a doubling in total expenditure compared to the current price control. Meanwhile chief executive Liz Garfield promised growth in regulatory capital value “beyond anything people might have been expecting” for PR24.

Water efficiency labels get rubber stamp

Severn Trent first to reveal PR24 plan

In the first signal of how water companies are approaching investment plans for 2025-2030, Severn Trent has indicated it expects totex to more than double compared to the first half of the decade. The company gave a summary of its plans as it announced it is seeking £1 billion equity to fund a programme of river improvements, resilience and service. It has also revealed indicative views on bill rises and key performance commitments.

Know your NIS updates: Staying ahead of cyber threats and compliance

On the move: Ex-UU finance director joins Northumbrian

The trouble with sewage

Coffey summons ‘extremely disappointing’ water bosses

Water companies owe billpayers £236 million for underperformance