- £120 million to help reduce the risk of sewer flooding through improvements to the company's 54,000km sewer network and waste water treatment facilities to help reduce the risk of sewer flooding
- £110 million to help improve bathing water quality along Yorkshire's coast, boosting tourism and benefitting local businesses like hotels and restaurants
- £78 million to improve our Blackburn Meadows waste water treatment works in Sheffield to improve water quality in the River Don, boosting fish stocks and putting the river back at the heart of local communities.
- £30 million to create the UK's first large energy neutral waste water treatment works at Esholt, near Bradford. This will help to keep running costs low which in turn helps keep bills as low as possible
For example, we employ more than 2,800 people, with approximately £60 million of their disposable income being reinvested back into the region every year. We aso recruited more than 100 employees last year whilst remaining committed to local businesses with products and services sourced from more than 1,000 local suppliers which in turn creates further employment and benefits for the region.
Our chief executive Richard Flint said: "We know that things are really tough out there, with a lot of people really feeling the pinch, which is why it's so important that essential service providers like ourselves explain exactly why price increases are necessary and just what they will finance.
"A significant part of this rise is down to inflation, and the fact that the price of many of the products and services we use as a company has risen. The remainder of the increase will be used to fund our ongoing investment in the region - £376 million over the next 12 months.
"This investment is all the more important as we face into the challenge of ensuring our clean and waste water networks are prepared for the extra pressures they'll come under in future years as a result of climate change and population growth, whilst doing everything we can to keep bills as low as possible during these times of austerity.
"Not only will this investment deliver huge benefits, from reducing the number of homes and businesses affected by flooding from sewers during times of exceptional rainfall, through to protecting drinking water supplies and improving the quality of the region's rivers and bathing waters, but it will also serve to underpin the region's economy and boosting employment at a critical time.
For those who are genuinely struggling to pay their bills, help is available.
We run a number of initiatives aimed at supporting customers, including the Yorkshire Water Community Trust - a registered charity which provides financial assistance to customers who are in debt. For more information, call 0845 1 24 24 24 or visit yorkshirewater.com/billhelp