After a week in which thousands of gallons of water have been running to waste from a burst underground main in Stanwell Road, Penarth Welsh Water and its highly-paid executives still haven’t got around to tacking the problem.
The burst occurred on Monday evening June 11th – but despite frequent calls to the public utility – Welsh Water/Dwr Cymru still hasn’t bothered to sent out a repair team .
The leak has created a large puddle in Stanwell Road and there are now concerns that the road surface will be damaged as escaping water continues to wash away the foundations of the road beneath the tarmac surface .
Welsh Water is a subsidiary of Glas Cymru – a so-called “not for profit” public utility which – when launched – was supposed to produce reduced bills for householders in Wales with the “dividend” from its operations. Glas Cymru claims to have returned £180,000,000 to customers in Wales in the form of what it calls vaguely calls “customer dividends’ all but most customers have received is higher bills .
There are allegations that, rather than reduce bills, the huge water undertaking has actually concentrated hiking-up water charges, enriching its executives and on stashing away over two billion pounds in so-called “reserves” .[Glas Cymru admits in its annual report that “savings to date have largely been used to build up reserves”.]
Glas Cymru is also said to pay its directors and executives far in excess of what its Scottish equivalent (Scottish Water) pays its executives north of the border .
Glas Cymru executives received an increase of 1.5% in their “base salary” bringing it up to of between £297,267 and £240,220 a year in 2017, plus “pension (or equivalent payments) and private health and permanent health benefits“. They also receive, on top of their “base salaries”, the equivalent of:-
- 30% of base salary “for performance against the Customer and Compliance” duties – [which presumably don’t extend to fixing mains leaks like the one in Stanwell Road]
- 23.6% of base salary for something called “Total Expenditure Cost Performance “
- 21.8% of base salary for “ Strategic (Annual Focus) and Personal Objectives” , making – says Glas Cymru’s annual report – “a total award of between 73.9% and 75.4% of base salary for each Executive Director
- 28% of base salary for a “Customer Value element” is paid to them on top of that.
Welsh Water also inflicts far higher charges on Welsh consumers than does its equivalent – Scottish Water – in Scotland – which is run by more modestly-paid executives.
A meticulous investigation of Glas Cymru called “The Great Welsh Water Robbery ” has been published by Rebecca Television and can be read on http://tinyurl.com/knzjjat
Embarrassingly enough, as millions of gallons of water run to waste, Welsh Water is also publicly endorsing “Drowning Prevention Week” – which began yesterday.