Rejected petition Stop water companies raising water bills above inflation rate

The government should set a national increase to water bills they underperformed spend bill payers money on share holders this should be stopped and be based on performance only

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

We can only accept petitions about things the Government or Parliament are directly responsible for.

Decisions about price controls for water are a matter for Ofwat, not the UK Government or Parliament.

Under the Water Industry Act 1991, Ofwat has a statutory duty to make sure that companies are able to finance the proper carrying out of their functions. In setting price controls Ofwat's aim is to allow for a return on capital that is no more than necessary for an efficiently run company to get the funding they need, and that ensures customers only pay for a reasonable level of financing costs.

You can find out more about Ofwat's price controls here:
https://www.ofwat.gov.uk/regulated-companies/price-review/

We only reject petitions that don’t meet the petition standards.

Date submitted 17 February 2025
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