Some water bills in England and Wales could rise by less than planned from April 2024, as 12 water companies have been hit with a collective £114 million penalty for missing targets on pollution, leaks and customer service.
Over half of people will struggle to pay their utility bills this year, according to a survey of more than 2,000 bill payers, but there are still ways to try and cut the cost of your bills.
Southern Water is to pay £123 million back to customers following an investigation that found the company had shown "scant regard" for the environment and deliberately acted to deceive its customers.
The spending watchdog has said that the regulators for the financial services, energy, water and communications sectors are unable to prove they are offering enough protection for consumers.
Thames Water is to pay £120 million back to customers following an investigation by regulator Ofwat which found the company hasn't done enough to cut the amount of leaks.
Introducing rival firms to the water market could have "financial and service benefits," save customers around £8 a year and allow them to switch providers, regulator Ofwat has argued.