Water companies could be allowed to charge customers more during droughts as watchdog considers giving green light to ‘surge pricing’

Water companies could charge customers more during droughts as Ofwat considers giving the green light to ‘surge pricing’.

The Water Services Regulation Authority will allow firms to fluctuate prices in a bid to reduce consumption.

If the go-ahead is given, factors including ‘water scarcity’, the time of year and usage would contribute to suppliers hiking prices.

But the proposals, which would come into force in April next year, have yet to receive a final approval from the water regulator Ofwat.

Details of the pending price changes emerge as the UK is experiencing prolonged droughts, hosepipe bans and wildfires erupting across the nation.

Water companies could utilise

This post was originally published on this site

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.