Thames Water has unveiled plans for a massive new reservoir in Abingdon, Oxfordshire, which could see customers footing a staggering £75bn bill over its lifetime. The controversial project, aimed at securing water supplies for the future, has raised eyebrows amid growing concerns over affordability for households already struggling with rising living costs.
Why the Abingdon Reservoir?
The proposed reservoir, one of the largest infrastructure projects in the UK water sector, is designed to address increasing demand in the Thames Valley region. With climate change and population growth putting pressure on existing supplies, Thames Water argues the project is essential to prevent future shortages.
The Staggering Costs
According to Thames Water's estimates:
- Construction costs could reach £2bn
- Total lifetime costs including maintenance may hit £75bn
- Customers could face annual bill increases of £30-£40
Public Backlash Expected
The announcement is likely to spark fierce debate, coming at a time when:
- Many households face financial strain
- Thames Water is already under scrutiny for its environmental record
- Alternative solutions like water efficiency measures exist
"While we recognise the need for investment, customers will rightly question whether this is the most cost-effective solution," said a spokesperson for the Consumer Council for Water.
What Happens Next?
The proposal will need to clear several hurdles before becoming reality:
- Public consultation phase
- Planning permission process
- Regulatory approval from Ofwat
- Potential legal challenges
With construction unlikely to begin before 2030, the debate over the Abingdon reservoir is set to run for years to come.
