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Five charts that explain why water bills are about to go up

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Summary
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80% Informative

Regulator Ofwat will give its 'final determination' on how much bills will rise over the next five years .

Thames Water hopes to win court approval for a 3bn bridging loan to stop it running out of cash in the spring .

It is the greatest test of the water system, the only fully-privatised network in the world.

As of this year , the companies have accrued 70bn of net debt, at a ratio to equity of around 85% ..

Ofwat said bills could rise by an average of 21% to fund 88bn of spending.

Water companies are now asking for 40% to cover an investment of 107bn .

Wherever Ofwat draws its line this will be the most significant bill hike since privatisation.

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