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Thames Water has plans to hike bills to an average of £666.50 a year in the next six years – which could see Brits have to splash out £200 more than they already are.
The water company’s proposal would see costs rise by a massive 52 per cent by 2030 – but there’s a chance they could shoot up even further.
Thames Water’s new business plan could see bills skyrocket 59 per cent in the same period, which could see them hit £696.
It comes at a time when the water company is trying to combat more than £15billion of debt.
In its response to Ofwat’s draft determination on water companies’ plans, Thames proposed raising average yearly water bills to £666.50 per customer by 2030, a 52 per cent rise.
But that could rise to £696, a 59 per cent increase, if it is given extra spending allowances by …