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.
Conservatives' 16 year Devon leadership reign ends
They're now the third biggest party in the county
Labour loses all county council seats in Exeter
Reform and Greens sweep them aside
Devoncast – Plymouth recovers, Exeter includes and a jewel in the crown for Torquay
Plus - the Devon County Show
Reform take Exeter City Council seat
Labour hold the other city seat up for grabs
Devon therapy sheep found following appeal
Bertha is back home
Underspent grant could benefit Exeter Airport
The majority of a £230,000 grant rolled over
