Water bills set to rise by 21% a year – how to cut costs

Households could see their water bills soar by roughly 21% annually, but suppliers warn it’s not enough to address essential repairs.

Water bills to rise in 2030
(Image credit: Getty Images)

Water bill hikes could prove to be a major strain on household finances. According to the Water Services Regulation Authority, or Ofwat, water bills could rise by around £19 a year or 21% over the next five years.

However, according to the BBC, water bills will now go up by more than initially expected to fund higher costs and more investment.

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Water companyOfwat proposed increasesWater firm’s proposed increase
Anglian WaterFrom £491 to £557£571
Dŵr CymruFrom £466 to £603£602
Hafren DyfrdwyFrom £396 to £524£564
Northumbrian WaterFrom £415 to £460£471
Severn TrentFrom £403 to £496£528
Southern WaterFrom £420 to £603£727
South West WaterFrom £497 to £561£604
Thames WaterFrom £436 (2024) to £535 (2030)£627
United UtilitiesFrom £442 to £536£556
Wessex WaterFrom £508 to £497£695
Yorkshire WaterFrom £430 to £537£569
Oojal Dhanjal
Editorial Content Producer

Oojal has a background in consumer journalism and is interested in helping people make the most of their money.Oojal has an MA in international journalism from Cardiff University, and before joining MoneyWeek, she worked for Look After My Bills, a personal finance website, where she covered guides on household bills and money-saving deals.Her bylines can be found on Newsquest, Voice Wales, DIVA and Sony Music, and she has explored subjects ranging from politics and LGBTQIA+ issues to food and entertainment.Outside of work, Oojal enjoys travelling, going to the movies and learning Spanish with a little green owl.