A court case decided that we had acted as a 'water reseller' for Thames Water and not an 'agent'.
A water reseller is a ‘middleman’ who receives a supply of water and sewerage services from the water company and sells it on to the users.
This means that we mistakenly overcharged tenants.
We overcharged tenants by:
This added up to 22.1% of the total charge.
We did not knowingly overcharge tenants, because we thought we were acting as an agent and not a water reseller.
We’re now paying this money back.
We’ve refunded affected tenants 22.1% of their water charges, with interest, for the period from April 2001 to July 2013.
Around 39,000 Southwark households were affected.