Thames Water cuts power bill by £12m via self generation

Power from sewage cutting Thames Water's energy bill .
Power from sewage cutting Thames Water’s energy bill .

Thames Water is generating almost a quarter of its power, much of it though sewage.

Posting half year results, the water company said its own generation portfolio, including wind and solar, was now producing 23% of its needs, reducing annual energy bills by £12m.

The company produced 146GWh of electricity during the first six months, up 17% year on year. The rest is supplied by Drax-owned Haven Power.

The company said it would miss its leakage targets.

Total post-tax profits for the period stood at £138m from total revenue of £1.04bn.

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