Each year we publish our Developer Services charging arrangements for the services we offer.
Following our customer consultation in November, the charges for the period 2024 to 2025 have now been published and will be effective from 1st April 2024. A copy of the charges can be found here.
For the most part, our fees and charges have increased by a CPIH value of 4.17%. We’d like to highlight some specific changes for the 24-25 period.
What’s changed?
In response to Ofwat’s requirement that infrastructure charges should be equal to network reinforcement costs over a five-year period, we have periodically reviewed our network reinforcement requirements and adjusted our infrastructure charges accordingly.
We have reassessed our forecast of water network reinforcement requirements and determined that we will need to increase water infrastructure charges to fund the forecast reinforcement up to 31 March 2029.
We will be increasing our water infrastructure charges to £295 in the Northumbrian Water (NWL) area and to £375 in our Essex & Suffolk (ESW) area.
We have reviewed the forecast of network reinforcement expenditure that is anticipated on our sewerage network and our wastewater infrastructure charge in the NWL region will remain at £75.
In the NWL region, there is a £130 increase per connected property in 2024/25 compared to 2023/24. Wastewater infrastructure charges will remain the same. In the ESW area, there is a £175 increase per connected property in 2024/25 compared to 2023/24.
We have opted to phase in increases to the infrastructure charges with the aim of reaching a stable, predictable charge level.
What discounts are available?
We continue to offer a 100% discount on infrastructure charges on water efficient homes that use less than 110l per day. We encourage you to get in touch if you’d like more information on our infrastructure charge discounts.
Want to be involved in future charges conversations?
We’ll be holding our Developer Day in summer 2024 and our charges consultation will open autumn 2024 where you’ll have the opportunity to contribute to future charging arrangement conversations.
Published: February 2024
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