Jersey Water has announced that its prices for 2014 will increase by less than the rate of inflation. The 1% increase takes effect from 1st April 2014 and represents the 12th consecutive year in which price increases have remained at or below the rate of inflation.
Helier Smith, Finance Director commented: “At Jersey Water we work hard to keep price increases as low as possible. We are continually looking at ways to operate more efficiently in an environment where there is continuous upward pressure on costs. We have been very successful with this policy. Over the past decade, the price of metered water has fallen by 16% after taking inflation into account”
“The Company made great progress on its Universal Metering programme. During 2013, we installed over 3,700 new meters bringing the proportion of metered connections to approximately 74%. We are very pleased with the project which is on track and on budget. Customers are seeing the benefit too, approximately 60% of customers are seeing a saving when switching to meter and the significant majority of our customers are now in control of their water bills and only pay for the water they use. Customers that have not yet been switched to meter can still apply to get one installed ahead of the installation programme by contacting our Customer Services Department on 707301.”
A schedule of the 2014 prices is available at www.jerseywater.je/2014charges
For further information contact
Helier Smith, Finance Director
Tel: 01534 707300
Email: [email protected]