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Displaying items by tag: enhancement expenditure

OFWAT LOGOOfwat has invited water companies to submit proposals for additional enhancement investment in AMP8 linked to demand growth, saying that ensuring sufficient treatment and network capacity to connect new housing and businesses is critical.

OFWAT LOGOOfwat is calling on water companies to prove to customers they can deliver on their promises to clean up Britain's rivers and seas.The water sector regulator wants them to use the next 12 months to show that they can deliver better service and improve the environment.

MOODYS - INVESTMENT EXPENDITURE AMP7 TO AMP12 ANALYSIS OCT 2023Water companies in England and Wales will require around £272 billion for enhancement expenditure in 2025-50 to advance services and improve performance, according to an estimate from Moody's Investors Services based on the companies' own forecasts.

Published in Finance and Risk

OFWAT WATER COMPANY PERFORMANCE 2022-23Ofwat says that under-performance by the majority of water and wastewater companies in England and Wales, will mean companies have to return £114 million to customers next year.

OFWAT LOGOOfwat has told the water companies that they have more to do on developing their long-term delivery strategies - at PR24, Ofwat expects companies to develop their five-year business plan in the context of a clear 25-year strategy.

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