Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, what steps he is taking to improve the resilience of water infrastructure.
Ofwat published their final determinations for Price Review 2024 on 19 December, which sets company expenditure and customer bills for 2025-2030. This will deliver substantial, lasting, improvements for customers and the environment through a £104 billion upgrade for the water sector.
This is the highest level of investment in the water sector since privatisation. This investment will be crucial to deliver the improvements in the sector that the public expect to see. This includes 3,000 projects to reduce storm overflow discharges, a major expansion in new water assets (including progressing nine new reservoirs), cutting leakage down by 17% and tripling the rate of mains replacement.
This investment will deliver substantial, lasting improvements for customers and the environment and will be crucial to deliver the improvements the public expect to see.