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Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 09 Aug 22 3.04pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

Originally posted by YT

Do you think that water prices should be kept stable but there should be increased government expenditure on water infrastructure?

I think that water companies should be held more accountable since they are providing an essential service.

There must be a more stringent policy to ensure that companies continue to upgrade using a fair percentage of their profits because the current situation clearly isn't working.

 

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cryrst Flag The garden of England 09 Aug 22 3.10pm Send a Private Message to cryrst Add cryrst as a friend

Thames water considering a hose pipe ban.
Goner be some grassing up going on there.

 

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Mapletree Flag Croydon 09 Aug 22 4.35pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by Hrolf The Ganger

I think that water companies should be held more accountable since they are providing an essential service.

There must be a more stringent policy to ensure that companies continue to upgrade using a fair percentage of their profits because the current situation clearly isn't working.

But in theory there is. They make lower profits by being able to charge less if they don't achieve their agreed infrastructure improvements. OfWat reports directly to Parliament, surely you aren't saying the Government isn't directing its work as strongly as it could?

 

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ouzo Flag Rafina 10 Aug 22 7.19am Send a Private Message to ouzo Add ouzo as a friend

Originally posted by Mapletree

But in theory there is. They make lower profits by being able to charge less if they don't achieve their agreed infrastructure improvements. OfWat reports directly to Parliament, surely you aren't saying the Government isn't directing its work as strongly as it could?

The problem is that with reduced profits they will never be able to afford to make infrastructure improvements required.

I also don't see it as fair that in one area a company can charge it customers more just because it keeps it's infrastructure in a better condition. The customer is gaining nothing from this, except maybe avoiding a hosepipe ban.

 

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steeleye20 Flag Croydon 10 Aug 22 2.11pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Environment Agency pension fund criticised for owning stakes in UK water firms.

The Environment Agency’s pension fund owns stakes in a string of British water firms – despite the watchdog calling for industry bosses to be jailed over shocking pollution levels.

Thames Water has received an official warning from Ofwat about the accuracy of its data.

Because its b****x hiding their disastrous polluting of the environment, their lack of accountability is quite incredible its as if the law did not apply to them.

 

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Badger11 Flag Beckenham 10 Aug 22 3.17pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by Mapletree

But in theory there is. They make lower profits by being able to charge less if they don't achieve their agreed infrastructure improvements. OfWat reports directly to Parliament, surely you aren't saying the Government isn't directing its work as strongly as it could?

Ofwat like many of the other quangos is a toothless body and for that Parliament is too blame.

 


One more point

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ASCPFC Flag Pro-Cathedral/caravan park 10 Aug 22 5.22pm Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by cryrst

Thames water considering a hose pipe ban.
Goner be some grassing up going on there.

My cousin just rang from Crowborough - she was saying there's a hospipe ban. Simultaneously, the mains is burst in the street and water is flowing like a stream. Just about sums it all up really.

 


Red and Blue Army!

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steeleye20 Flag Croydon 10 Aug 22 7.11pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Water companies 'sold off reservoirs that could have eased drought'.

Dozens of reservoirs across the country have been given up by water companies, while no new ones have been built in the last 30 years.

Thames Water, Severn Trent and Southern Water are among those to have sold off some of their reservoirs in recent years.

Water is the worst privatisation of all.

 

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cryrst Flag The garden of England 10 Aug 22 7.58pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by steeleye20

Water companies 'sold off reservoirs that could have eased drought'.

Dozens of reservoirs across the country have been given up by water companies, while no new ones have been built in the last 30 years.

Thames Water, Severn Trent and Southern Water are among those to have sold off some of their reservoirs in recent years.

Water is the worst privatisation of all.

Sold off for what ?

 

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ASCPFC Flag Pro-Cathedral/caravan park 10 Aug 22 10.10pm Send a Private Message to ASCPFC Add ASCPFC as a friend

[Link]

 


Red and Blue Army!

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Mapletree Flag Croydon 11 Aug 22 5.45pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by ouzo

The problem is that with reduced profits they will never be able to afford to make infrastructure improvements required.

I also don't see it as fair that in one area a company can charge it customers more just because it keeps it's infrastructure in a better condition. The customer is gaining nothing from this, except maybe avoiding a hosepipe ban.

That isn't how investment works.

Produce a business case and money can be raised

 

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Forest Hillbilly Flag in a hidey-hole 20 Aug 22 9.07am Send a Private Message to Forest Hillbilly Add Forest Hillbilly as a friend

Never mind the customers. Think of the poor shareholders.

 


I disengage, I turn the page.

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