The water industry wants to invest to tackle the challenges created by a growing population, climate change and extreme weather, as well as supporting and enabling economic growth.
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Customer bills and support
We understand the pressures people are facing with the cost of living. Water companies have committed to increasing the number of customers who will receive financial support.
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Driving economic growth
The building of new water infrastructure will drive economic growth by enabling more development to take place.
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Securing our supply of water
Climate change and population growth are putting increasing pressure on our water supply. Companies are investing £104 billion to improve our infrastructure and secure our long-term water supply.
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Modernising our sewers
Water companies in England and Wales plan to invest more than £11 billion, more than triple the current level of investment, to end sewage spills.
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PR24 explained
Every five years, water companies in England and Wales submit their investment plans to the economic regulator, Ofwat, for review and approval.