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All change for our local water supply

posted 23 Jul 2012, 10:45 by Tomo
Veolia Water Central was purchased at the end of June by a consortium led by Infracapital Partners and Morgan Stanley Infrastructure Partners. Infracapital is the infrastructure investment fund managed by M&G (Prudential). As part of the purchase the name of the water company will be changed from Veolia, but there should not be any fundamental change to to customer services, and we should be unaffected by the change in ownership. Maybe the name will go back to Three Valleys Water Company?

Veolia Water Central also announced on the 9th July that it was lifting of its temporary hosepipe use ban. The ban was introduced on 5 April 2012, following two consecutive autumn and winter periods of below average rainfall, which left much of the South East of England in drought conditions. The unprecedented rainfall since April has led to a significant improvement in local water resources, which have now recovered sufficiently to allow the ban to be lifted, without putting strain on the local environment.
 
Although the exceptional levels of recent rainfall have resulted in an unusually high top up of groundwater for this time of year, the critical period for recharging the local aquifers is between October and March, when less rainfall is lost to plant growth, evaporation and run off to rivers. Groundwater levels still remain lower than normal. Prolonged and substantial rainfall particularly during the next autumn and winter period, will be needed to restore groundwater to normal levels. A third dry autumn and winter would make a hosepipe ban next year a possibility.
 
The ban, together with the significant rainfall since April, has resulted in a reduction in demand of about 7%. 
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