SWW to spend £430,000 a day on infrastructure
South West Water (SWW) is to invest almost £160M in improving its services in 2014- 15, while freezing standard tariffs and standing charges for all its household and business customers until April 2015. The company said £430,000 a day will be spent on improving the region's vital water and sewerage infrastructure.
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The investment, part of SWW's £700M AMP5 spend, includes:
- £15M to improve bathing water quality at Lyme Regis, Teignmouth, Torbay, Mothecombe, Seaton (Cornwall), Looe and Combe Martin
- £4.4M on schemes to protect customers from sewer flooding in Plympton, Truro, Tuckenhay near Totnes, Okehampton, Broadwindsor near Beaminster, Exmouth, Barnstaple, Paignton, Exeter, Starcross near Dawlish, Par and St Blazey, Mevagissey, and Plymouth.
- £5M to further improve tap water quality in Cornwall
- £1.2M improvements to Menheniot Sewage Treatment Works in South East Cornwall
- £1.1M to complete the upgrade of three of our Dartmoor reservoirs
There are also plans for investment in hydro-electric renewable energy schemes.
South West Water said the £50 Government Contribution for all its household customers will continue to reduce bills again this year. Also, around 13,000 customers switching to a meter are also forecast to reduce their bills by an average of between £300 and £400 this year.
Chief executive Chris Loughlin said: "At a time when household budgets are under pressure, we're pleased to have been able to confirm a price freeze for customers and businesses until April 2015, as well as our proposals to keep average bill rises below inflation to 2020. Along with the freeze, customers will continue to benefit from the £50 Government Contribution, so many will see their water bill reduce.
"But a price freeze does not mean an investment holiday for us. We're investing £430,000 a day in our infrastructure to improve tap water quality, help the environment and protect people from sewer flooding - especially as we are experiencing wetter winters. We will be investing in protecting customers from sewer flooding across the region and in particular we're pleased to be trialling our 'Downstream Thinking' approach to managing storm water, working with nature to water and prevent it from overloading our sewers and flooding homes and gardens."
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