July 25, 2008

Web Week: Water meters and 'toilet tax'

The Government is keen to empower water companies to install meters in all homes, it emerged last week. One incensed reader labelled it 'toilet tax'.Watermeter_203x150

People can currently volunteer for a meter. Households of three or fewer should save with pay-as-you-go. My bill, for example, dropped from £330 to £220 a year after switching.

But the industry is accused of lobbying hard for meters with an eye to hiking prices once everyone is on board. The suspicion is understandable. Some of these companies have form for robbing customers to pay shareholders. Financial Mail exposed fraud at Severn Trent in 2004, which resulted in fines and reduced bills.

Meter supporters argue that global warming will make Britain drier. The industry-backed Waterwise claims London is already drier than Istanbul. Greens also highlight the effect of rising water demand on Britain's shrinking wetlands and the carbon emissions associated with water processing.

Most people in our online poll and debate supported meters. But for many the issue was fair and liberal economics rather than ecology. As Dave S of Bedford said: 'This argument has almost nothing to do with the environment. It's about personal responsibility and paying for what you actually consume. Bring it on.'

- Andrew Oxlade, Editor - This is Money

1. Can Soros push the Footsie over the edge?
2. UK heading for economic horror movie
3. Taxpayer could prop up mortgage market
4. Families 'to be forced to fit water meters'
5. Petrol price slashed 5p in supermarket war
6. Will A&L savers be happy with Abbey?
7. House prices down average of £18,000
8. Banks vs building societies: Who's best?
9. Buy-to-let: The housewife developer
10. How to save safely with UK banks and building societies
11. How safe is your building society?
12. Bank split three ways on interest rates
13. House prices could fall a further 30%
14. How to profit from the oil price
15. Gas bills will rocket 30% within weeks
16. HBOS hit as only 8% take up rights issue
17. Sunday newspaper share tips
18. Newspaper and magazine share tips
19. The week of the 'dead cat bounce'
20. Our cruise was sunk by £892 surcharge
21. Help - my girlfriend is having a baby
22. 'We're safe', says Nationwide boss
23. How to invest £300,000 for income
24. Midas share tips: Growing lifts Mattioli
25. Buy or rent: The property waiting game

Incidentally, the top blog of the week (which would have been No.4 story) was Property blame game: Kirstie or Amanda?

Comments

Well, Dave, will you still be saying "bring it on" if the government bring in a tax on the air you breath?

After all, it could be argued that there is a cost involved in keeping it clean for you to breath !

My normal water bill was over £400 per annum with Severn Trent. I had a meter fitted October 21st 2007; The water meter fitting is sub-contracted, which I found strange. Thought I would give it 12 months' test just to see. Use shower, (daily), w.c., (obviously), washing machine (twice a week), dishwasher (every day); have watered the runner beans and garden in the summer. I used 9 units to January 2008; 16 units to April and they didn't bill me until mid Sept. 2008. Total payments for the year £141.48p. It is worth anyone trying a meter for a while, just to see.

Do you really really believe that if we all reduced our water costs by fitting meters the bills (and water companies profits) would stay as low? This is just like Browns idea of insulating all our homes ~ very good idea but when we all use less energy why would the energy suppliers accept lower income and profits? Better still that Brown helps fund individually energy generation via solar - wind and ground source thermals. Of course this will never supply all our needs but it is strategically safer and means that we are in control of costs ~ but the big guns in industry would not like us to steal their profits would they?

The people who foul the air should be the ones to pay for it to be cleaned. Remember it starts off clean.. and I don't mean a tax on farting. Or smelly food.

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