Hafren Dyfrdwy Price Hike Labelled “Disgraceful” and Urged to be Scrapped
Montgomeryshire & Glyndŵr Liberal Democrats have called for the “disgraceful” hike to be scrapped and have said that there should be “no price rises until water firms scrap insulting overseas dividends and executive bonuses”.
It comes as Water UK has released figures which forecast water bill price changes which show that in Montgomeryshire & Glyndŵr water bills are expected to rise by £71 a year for 2024/25. It means Hafren Dyfrdwy will be hiking up bills by 19.6% for the coming year.
Responding to the figures, Liberal Democrat Parliamentary Candidate for Montgomeryshire & Glyndŵr and Llanidloes Councillor Glyn Preston said:
“People in Montgomeryshire & Glyndŵr should not have to endure this disgraceful price hike. During a cost-of-living crisis, it is a slap in the face to all those in our community who now have to pay more to water companies who have for years been pumping filthy sewage into our rivers.
“This insulting price hike should be scrapped immediately. There should be no price rises until water firms scrap insulting overseas dividends and exec bonuses.
“What is even more scandalous is that Conservative ministers have just stood aside and let water companies walk all over their customers. Hafren Dyfrdwy should be digging into their own pockets for once and not force these additional costs onto people during a cost of living crisis.
“There should be an immediate end to sky-high bonuses and payments going to overseas investors. Money that should instead be going straight on fixing our crumbling infrastructure.”
ENDS