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.
Over £300,000 to fund North Devon community projects
It will be spent on three schemes
Where Torbay’s community fund money went
£90,000 is up for grabs across the bay
Three arrested over Plymouth stabbing
Man taken to hospital
Paddleboarders saved from East Devon waters
Pair get stuck off coast
Harbourside revamp divides Torquay
Plans ignite fiery debate
Meet Credtion's new bishop
Third woman to hold the role
