South West Water is freezing its charges until April 2015, and says it'll also keep average bill rises below inflation until 2020.
Customers could otherwise have seen the average household bill go up by 22 pounds next year.
The company says it can still deliver improvements to infrastructure without putting up prices.
City lose final match of the season
Match Report: Exeter City 1-2 Oxford United
Man dead due to 'bad batch' of herion
A major incident was declared in North Devon
Teen pregnancies falling in Devon
Number has been broadly trending down since 2015
Dental van on way to Devon to help tackle treatment crisis
It will help tackle treatment crisis in hard-to-reach communities.
Misconduct inquiry into suspended chief constable suspended
Frustration at pace of investigation
