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Welsh Water: £2bn to fund water and sewerage improvements Welsh Water: £2bn to fund water and sewerage improvements
(about 20 hours later)
Dwr Cymru Welsh Water has outlined plans to spend £2bn improving water pipes, upgrade sewers and reduce flooding. Dwr Cymru Welsh Water has outlined plans to spend £2bn improving water pipes, upgrading sewers and reducing flooding.
Customers are being consulted in a series of events to set the final priorities to be sent to the regulator.Customers are being consulted in a series of events to set the final priorities to be sent to the regulator.
The not-for-profit company said it had to strike "the right balance" in meeting customer needs and protecting the environment.The not-for-profit company said it had to strike "the right balance" in meeting customer needs and protecting the environment.
But the firm said it aimed to keep customer bills "affordable".But the firm said it aimed to keep customer bills "affordable".
Welsh Water is asking the three million people it serves in Wales, Herefordshire and Deeside for their views on on eight "ambitious" projects it hopes to carry out between 2015 and 2021.Welsh Water is asking the three million people it serves in Wales, Herefordshire and Deeside for their views on on eight "ambitious" projects it hopes to carry out between 2015 and 2021.
The investment plans include:The investment plans include:
Chris Jones, Welsh Water's executive finance director, said forward planning is vital for the company.Chris Jones, Welsh Water's executive finance director, said forward planning is vital for the company.
"We face many challenges, including adapting our business to climate change, meeting tighter environmental standards, maintaining our infrastructure and ensuring that we're able to meet the needs of businesses and a growing population for decades to come," he said."We face many challenges, including adapting our business to climate change, meeting tighter environmental standards, maintaining our infrastructure and ensuring that we're able to meet the needs of businesses and a growing population for decades to come," he said.
"Although we can't do everything and have to make difficult decisions, our focus is on striking the right balance."Although we can't do everything and have to make difficult decisions, our focus is on striking the right balance.
"We want to invest to maintain and further improve our services for our domestic and business customers, and protect the environment, but we must also keep our bills affordable and help our more disadvantaged customers.""We want to invest to maintain and further improve our services for our domestic and business customers, and protect the environment, but we must also keep our bills affordable and help our more disadvantaged customers."
The proposals will be launched at an event in the Senedd on Wednesday with Economy Minister Edwina Hart.The proposals will be launched at an event in the Senedd on Wednesday with Economy Minister Edwina Hart.
"It is essential that our water and sewerage services are managed sustainably in order to secure the best possible social, economic and environmental outcomes for the citizens of Wales both for the present and into the future," she said."It is essential that our water and sewerage services are managed sustainably in order to secure the best possible social, economic and environmental outcomes for the citizens of Wales both for the present and into the future," she said.
Welsh Secretary David Jones said the £2bn investment signified a "major commitment" by Welsh Water to customers but also in contributing to wider economic development "through the major infrastructure investment that is proposed".Welsh Secretary David Jones said the £2bn investment signified a "major commitment" by Welsh Water to customers but also in contributing to wider economic development "through the major infrastructure investment that is proposed".
The company will tour Wales and Herefordshire throughout the summer with a series of community events including town hall meetings, stakeholder workshops and town centre roadshows.The company will tour Wales and Herefordshire throughout the summer with a series of community events including town hall meetings, stakeholder workshops and town centre roadshows.
Customers will also have the opportunity to view the plans and have their say through the company's website.Customers will also have the opportunity to view the plans and have their say through the company's website.