How we calculated the proportion of revenue English water firms use to pay off debt
by Carmen Aguilar GarcĂa, Anna Leach and Sandra Lavi from Environment | The Guardian on (#6H7EV)
Finding out the percentage from consumer bills used to service debt is tricky. We worked with industry experts to shed light on the issue
- Interactive: How much of your water bill is swallowed up by company debt?
- Water firms use up to 28% of bill payments to service debt in areas of England
Two years after the cost of living crisis hit, many English households are still struggling. And while people can - and have - cut back on many things, water is not one of them.
What a lot of billpayers may not realise is that their money does not just pay for services, it also services debt, much of which is connected to dividends paid to shareholders.
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