Northumbrian water to limit price hikes

Compare tariffs and switch energy supplier in minutes

 
Compare energy deals and switch supplier to cut your energy bills by £447* a year - start saving money in a matter of minutes!

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jul 2018 and 31 Dec 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £447 or more.

Northumbrian Water has said that it plans not to charge consumers more over the year ahead - despite energy regulator Ofwat giving the go-ahead to the hikes.

The water and sewerage firm said that it had foregone the price cuts after it had been able to secure funding on more attractive terms. The cuts are equivalent to £10 per year for the period between April 2007 and March 2010.

The company has just released its profits for the financial year, revealing that income rose by 13.4 per cent to £147.8 million to March 31st. Revenues were up by seven per cent to £633.5 million.

Northumbrian additionally announced that it had met its leakage targets for the eighth consecutive year. It has also managed to deliver its water supply without restrictions - despite the fact that drought affected most supplies in the south-east of England during 2006.

It currently supplies 1.7 million people in the Essex and Suffolk with water - and 2.6 million people in the north with water and sewerage.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more