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Water bills in England and Wales are set to increase by 36% over the next five years, with an average additional cost of £31 per year for households, although this will vary depending on the provider. This rise is higher than the expected 21% outlined in July, and is intended to fund a £104 billion upgrade in the water sector for customer and environmental improvements. Ofwat has emphasized the need for companies to improve their culture and performance alongside the investment, with Southern Water customers facing the largest increase at 53% and Wessex Water customers experiencing the lowest at 21%.
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