Thames Water is a privately owned UK utility company serving approximately 15 million customers in London and the Thames Valley. Employing 5,630 people, it provides water and wastewater services to roughly 25% of the UK population. The company operates extensive infrastructure, including water and wastewater treatment plants, and invests significantly in network improvements; over £1 billion annually is allocated to upgrading pipes and treatment facilities. Thames Water also engages in renewable energy generation, supplying electricity to over 55,000 homes, and participates in environmental initiatives such as school education programs and nature reserve management.
Thames Water imposed a hosepipe ban on customers in the OX, GL, SN, RG4, RG8, and RG9 postcode areas. This decision followed a period of low rainfall, with only half the average rainfall received over the past six months, despite recent precipitation. Resources remain under pressure. Separately, Thames Water reported that its current financial reserves will only sustain operations until early next year. A new reservoir near Abingdon is planned, with the operational costs estimated at £1.9 billion for the first 65 years. The construction cost for this reservoir has increased substantially, from an initial estimate of £2.2 billion to a revised range of £5.5 billion to £7.5 billion.
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