Anglian Water to invest £730m in Norfolk... but bills to rise by £140
Ofwat - the water company regulator - has agreed Anglian Water can raise bills by 29pc, which will mean the average customer will have to pay £140 more a year than it does currently.
Annual bills will rise to £631 compared to £491 people are paying on average this year.
It comes as the firm has announced a £11bn investment plan covering the period between 2025 - 2030, which includes creating new reservoirs, installing new pipelines and £2.7bn for flood and drought resilience.
An Anglian Water sewage treatment site in Grimston (Image: Gaywood River Revival)
It is understood Norfolk will see about £730m of direct investment but the exact figures are yet to be finalised.
Mark Thurston (Image: Anglian Water)
Announcing the investment plan, Mark Thurston, CEO of Anglian Water, said: “Our investment programme will create thousands of skilled, well-paid jobs in the region, which in turn will enable essential growth in housing, commerce and industry.
"This puts Anglian Water at the heart of one of the most thriving and........
© Norwich Evening News
visit website