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United Utilities fined £800,000 for taking 22bn litres of water from aquifer
Posted: Wed Aug 16, 2023 11:19 pm
by Mr Gus
Re: United Utilities fined £800,000 for taking 22bn litres of water from aquifer
Posted: Thu Aug 17, 2023 6:49 am
by Paul_F
Same water which they then sold for £66 million to their customers... Nice work if you can get it!
Re: United Utilities fined £800,000 for taking 22bn litres of water from aquifer
Posted: Thu Aug 17, 2023 7:23 am
by Mr Gus
Thank you for the math paul, is it solid or was this operational profit for a year? (they are a big company)
Re: United Utilities fined £800,000 for taking 22bn litres of water from aquifer
Posted: Thu Aug 17, 2023 6:47 pm
by Paul_F
Mr Gus wrote: ↑Thu Aug 17, 2023 7:23 am
Thank you for the math paul, is it solid or was this operational profit for a year? (they are a big company)
They sell water to their customers for £1.832 per m3 and charge a further £1.221 per m3 of water supplied for sewerage, i.e. £3.053 for every m3 of water supplied. Their costs are essentially fixed here - a water treatment plant costs the same if sitting unused or working flat out - so 22 bn litres (22 million cubic metres) works out at £67 million in increased revenue for virtually no increased cost.
Re: United Utilities fined £800,000 for taking 22bn litres of water from aquifer
Posted: Thu Aug 17, 2023 11:22 pm
by AE-NMidlands
...apart from the chlorine and phosphoric acid put into it to achieve standard concentrations.
I'm surprised that they can say that they complied with the daily and the annual limits, but didn't bother to watch the 3-year moving average.