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Thames Water Fix Leaks

Thames Water has escaped being fined by regulator Ofwat for failing to meet its annual water leak reduction targets three years in a row. Thames Water must invest an extra 150m to stop leaks, which is twice as much as the fine the regulator could have imposed.


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Despite some improvement since last year, Thames Water announced that it still loses 896 million litres of water through leaks each day.

 

Thames Water Dripping Tap
Consumer groups have voiced concern that Thames Water has paid £246million of the profit to its German parent company. They argue more of this money should be spent on tackling leaks.
In a damning statement, Ofwat said: 'The company's poor leakage performance is not only inefficient, it is also contributing to water shortages that have led Thames Water to impose a hosepipe ban and seek a drought order.'
Ofwat's leakage announcement came on the same day that Thames Water announced that pre-tax profits were up by 31 per cent to 346.5 million.
 
Thames Water Waste Water

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