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Regulation and Legislation

The retail water sector has seen “substantial improvement” in wholesaler performance against Market Performance Standards (MPS), according to MOSL’s CEO Quarterly Market Review August 2018.

Defra, the Environment Agency, the Drinking Water Inspectorate and Ofwat have sent a joint letter to the water companies calling on them to do more work on building resilience in water resources management in England.

Following consultation, Ofwat has today confirmed that Thames Water will pay £65 million back to its customers as part of a total package of payments and penalties worth £120 million.

MOSL STRATEGYRetail water market operator MOSL has published its Strategy setting out its vision, purpose and objectives for the next five years.

The Environment Agency (EA) has said that the Government must legislate to ensure that environmental standards do not drop in future as a result of Brexit.

Water industry regulator Ofwat has issued a call for evidence to inform a review looking to update and uplift the compensation provided to customers when they are without access to water.

Reforms confirmed today by Ofwat could see the most highly geared water companies forced to share up to £230 million with customers over the period 2020-2025.

As the UK struggles to cope with the ongoing heatwave and farmers are due to meet with Government officials for a “drought summit”, Environment Secretary Michael Gove is planning to challenge the Chief Executives of the water companies over their failure to meet leakage targets.

The Competition and Markets Authority (CMA) is investigating the completed acquisition by Castle Water Holdings Ltd of Invicta Water Ltd and whether the transaction has resulted in the creation of a merger situation under the provisions of the Enterprise Act 2002.

thames-1812502 640The House of Commons Environmental Audit Committee has criticised the Government for its lack of ambition on water efficiency targets and failure to make SuDS compulsory in all new builds.

Castle Water is warning that a proposal discussed at a recent meeting of the Codes Panel could open the door for water retailers to back-bill business customers beyond the current 16 month limit.

Water industry regulator Ofwat is calling for a game change on leakageDAILY MIRROR FRONTPAGE as widespread criticism of the water sector continues during the heatwave which currently shows no sign of any letup.

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