Water Bill Hike
- Average water bills in England and Wales will rise by an average of £123 from 1 April 2025, marking the biggest increase since water was privatised 36 years ago.
- The annual average water bill will rise from £480 to £603, driven by the need to replace ageing infrastructure and tackle sewage pollution.
- The price rise is higher than the previously predicted £86 increase due to inflation being added by water companies.
Broadband Bill Increase
- Broadband prices will also rise in April 2025, with fixed increases replacing previous inflation-linked price hikes.
- The end of inflation-based price rises, as announced by Ofcom in July 2024, means that broadband bills will follow set price increases from now on.
Gas & Electricity Price Uncertainty
- The energy price cap is expected to rise when it ends March 31, 2025, but uncertainty remains over the scale of the increase.
- A recent cold snap and lower energy supply reserves suggest that the next rise may be larger than previous ones.
Additional Service Costs
- As National Insurance Contributions (NIC) changes take effect, suppliers and service companies, including those in cleaning services, are expected to pass on higher costs to consumers.
Impact on Household Budgets
- These increases across water, broadband, and energy bills could significantly impact household finances, with combined price hikes straining budgets.
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