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02
Oct 2023
Campaigners 'cautious' over Yorkshire Water £7.8 billion investment plan
Campaigners say they are “cautious but positive” over Yorkshire Water plans to invest £7.8 billion in infrastructure over five years.
The company announced the move today as part of investment plans for 2025 to 2030, which have been submitted to industry regulator Ofwat.
It includes £3.1 billion to improve resilience in the water network, £4.3 billion to protect river and coastal water quality and investment in customer service and financial support for customers.
However, it would mean average bills would rise from £438.12 in 2024/25 (£36.51 per month) to £518.76 in 2025/26 (£43.23 per month) with increases each year thereafter.
The proposals come as water companies have been under increasing public pressure at the amount of sewage being discharged into rivers and seas.
In the Harrogate district, campaigners say they are cautious at the plans but welcomed planned investment into the country’s water network.
Dr David Clayden, chairman of the Nidd Action Group, which is co-ordinating efforts to clean the River Nidd, said:
Nicola Shaw, chief executive of Yorkshire Water, said the plans were the company’s largest ever investment into the network.
She said:
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