Anglian Water announces seven per cent price cut
- Credit: Archant
Anglian Water customers in East Cambridgeshire will see their annual bill drop by an average of £29 after the water company announced a seven per cent price cut.
The company said that cost cutting and savings in its service have allowed it to reduce bills while maintaining a multi-million pound programme of investment.
The company said that the average annual bill would reduce to £402 per year, or £1.10 per day.
Customers with a water meter will pay even less, with the average bill dropping to £371.
Martyn Oakley, Anglian Water’s director of customer service, said: “We know household budgets remain under pressure. So we believe this price cut is timely and coming at a time when customers tell us they need it most.”
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Anglian Water also announced its five-year plan of investment, which include a £60million fund to tackle leakage, water main repairs, sewer maintenance, environmental protection and new water recycling equipment.
Mr Oakley added: continued: “As well as cutting bills we’re also continuing to help customers control how much they spend on bills. For instance, we’ve pledged by 2020 to fit 95 per cent of homes with a water meter. And this doesn’t mean making metered bills compulsory because we believe the savings to be achieved speak for themselves.
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“Almost 80 per cent of homes in our region now have a meter, but there are almost 150,000 customers who have meters but are not using them. We urge them to switch and save.”