Leaking water pipes may be less of an issue since the latest developments in the water charges debate. But while the worst of the water charges seem to be pushed off into the future it is still very much in your interest to keep checking the reading of your water meter regularly as abnormally high readings will help alert you to any underground water leaks occurring between the water meter and your house. Underground water leaks can go unnoticed for long periods often years and cause major structural damage. The water often leaks away into the ground without any evidence above ground but can wash away the supporting material under your foundations causing damage to your walls, floors, fences, driveway etc. It’s a good idea to keep an eye on the water meter as it may save you money and hassle in the long run. With water charges on the way fixing those leaks is even more important.