England’s private water firms are under fire once again today, after reports that they could be set to raise bills by as much as 40%. The touted rise comes as the water industry faces significant pressure to tackle the scandal of sewage being pumped into waterways.
Private companies currently operate thousands of sewer overflows which are used to discharge raw sewage into Britain’s rivers and seas. Last year, private water companies released raw sewage into rivers and seas in England for more than 1.75 million hours, with an average of 825 sewage spills per day.
Critics of the water companies argue that they have prioritised providing returns for shareholders, rather than investment in infrastructure that would have tackled the sewage crisis. Since privatisation in 1989, water companies have paid out more than £70 billion to shareholders.
Anti-privatisation campaign group We Own It has branded reports of major bill rises ‘outrageous’, and has called for water to be taken into public ownership. The group’s director Cat Hobbs told Left Foot Forward: “It’s outrageous. We’ve seen decades of underinvestment in our water system, and now we’re expected to foot the bill for infrastructure improvements.
“What have private companies been doing with their enormous profits for the last 34 years? They’ve paid out £72bn in dividends to shareholders. That’s money that could have been reinvested into our infrastructure to prevent the mess we’re in now. Publicly-owned Scottish water spends £72 more per household per year on tackling infrastructure problems.
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