Dec 7, 2023

South East Water pays £2.3m dividend amid watchdog probe

A water company currently under investigation by regulator Ofwat has revealed it has paid out £2.3m in dividends to investors. Ofwat is investigating South East Water over its service to customers and record in maintaining a water supply. South East Water has been named as the worst-performing firm providing water only by the Consumer Council for Water. Announcing the firm's half-year results, South East Water bosses said: "Unprecedented extreme weather events were the cause of the majority of supply interruptions, but we appreciate that problems experienced by our customers will result in lower levels of customer satisfaction."We are deeply sorry to customers who have been affected by supply interruptions and continue to work tirelessly to recover. South East Water serves about 2.2m households and businesses in Kent, Surrey, Sussex, Hampshire and Berkshire.

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