South East Water to pay £30.5m redress after repeated supply failures and licence breach

· Business GBR
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South East Water must pay a £30.5 million redress package after a series of supply interruptions, customer service failings, and a credit rating downgrade that breached its operating licence, the industry regulator Ofwat said.

The penalty includes a previously proposed £22 million fine for supply failures between 2020 and 2023 that affected more than 286,000 people. A second investigation found that interruptions in Kent and Sussex between November and January left up to 70,000 homes without water, forcing school closures and disrupting work and medical care. A third probe followed the downgrading of the company's credit rating by Moody's in May, which violated a licence condition.

Ofwat found the company failed to communicate clearly with customers or provide adequate bottled water during the outages. The redress, funded by shareholders rather than customer bills, earmarks £13 million for fixing supply failures, alongside spending on community funds, water butts, smart metering, and on-site storage. Ofwat will appoint an independent monitor to oversee the company's performance improvement plan.

Story development

  1. South East Water extends hosepipe ban to 2.4 million customers after record dry spell
  2. South East Water warns of survival doubts as losses widen and leadership exits
  3. South East Water to pay £30.5m redress after repeated supply failures and licence breach

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