For the first time I looked at the Southern Water pie chart that says where your money goes.
Out of the average £1.14 daily charge (WTF - to put water through a pipe and take poo away?) 4p is profit and 22p is interest on debt
How did they build up the debt? Did they forget to pay their water bill?
I remember reading something about because income is guaranteed (ie we will all need to pay our water bills forever), it's possible for water companies to borrow large amounts of cash in advance, not to invest in infrastructure but to pay bigger dividends.
I know they're mugging off SIMMO his is like £1300
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We have a free standing shower cubicle used daily by me and the wife and 2 young boys who use the bath approx a foot deep. Yet our water bills have arrived, one from southern water & one from south east water and for a six month period have a combined total of £700+
What do others pay for theirs?
That's all fine from a supply perspective but what do you do about waste water ?