Hafren Dyfrdwy can now deliver record levels of investment to improve its water and waste network and boost its environmental performance after Ofwat approved its plans for the next five years.
The water regulator gave the go ahead for the £262m investment programme for the company which sets out a number of key commitments over the next five years.
The multi-million plan for 2025 to 2030, is the biggest ever investment in infrastructure and services from Hafren Dyfrdwy – which provides water and wastewater treatment services in north east and mid Wales.
Managing Director, James Jesic, welcomed Ofwat’s backing and said:
“Ofwat’s final decision will enable us to deliver record levels of investment to meet the growing expectations of our customers, to increase our resilience to climate change and to tackle key priorities such as supply interruptions and spills.”
To help build the plan, Hafren Dyfrdwy engaged with more than 6,000 customers to really understand what they want and expect from their water company.
The company has said there will be an incremental increase on bills and by 2030, the average bill will have risen by £13.75 per month.
The key commitments promised over the next five years include significantly enhancing the health and day-to-day resilience of the water network. By 2030, the company aims to reduce supply interruptions by 56% and cut leakage by a further 18.
By 2030, it plans to cut greenhouse gas emissions in water operations by 12% and reduce the average number of spills across its storm overflows to 17.26 a year.