PR24 explained
Every five years, water companies in England and Wales submit their investment plans to the economic regulator, Ofwat, for review and approval.
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Water and sewerage bills for 2014-15
Water companies are set to complete a five-year investment programme worth £25 billion, while keeping rises in the average household water and sewerage bill below inflation in 2014-15. In November 2009, a five-year package of investment and prices was finalised and April 2014 sees the final year of that package.
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