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Regulation and Legislation

Water industry regulator Ofwat has called again for water bills to fall in the upcoming Price Review.

 

 

Water industry regulator Ofwat has launched a new discussion paper on how new companies will have access to the systems and services provided by the current monopoly water and sewerage and water only companies when the non-household sector opens for competition in May 2017.

Water industry regulator Ofwat has published guidance confirming how it expects the water companies to allocate cross-subsidies for social tariffs and surface water drainage concessions to different parts of their business in PR14.

 

Severn Trent Water has called for Ministers to set "clear priorities for future investment" in a new report which looks at how environmental legislation like the EU Water Framework Directive can be implemented in a way that delivers environmental improvements whilst keeping water bills affordable.

 

The Environment, Food and Rural Affairs Committee Chair Anne McIntosh has backed calls for UK water companies to ‘look closely’ before raising prices following Environment Secretary Owen Paterson letter to companies calling on them to recognise people's financial strain.

 

Environment Secretary Owen Paterson has written today to water companies to ensure customers get the best possible deal from the water sector and urging them to keep prices down.

Water industry regulator Ofwat has launched a new consultation on its plans to recover a further £18 million in licence fees from the water companies in England and Wales via a one-off charge to cover the costs of delivering the 2014 Price Review.

 

Following an analysis of the water companies' PR14 quality assurance processes for data submissions for their business plans, Ofwat has described them as “not fit for purpose” and wants them to assess the effectiveness of their processes “as a matter of urgency.”

 

Water industry regulator Ofwat has launched what it describes as an informal consultation on Thames Water’s price limits for 2014-15 –which could potentially result in a decrease, rather than an increase, for customers’ bills.

 

The Welsh Assembly has launched a new consultation on its Environment Bill White Paper setting out proposals to ensure that the right legislative framework is in place in Wales to “manage natural resources in a joined-up way.”

Water regulator Ofwat has developed a financial model to help it assess the water companies' AMP6 business plans as part of the PR14 price review.

 

Water industry regulator Ofwat has launched a new consultation on the format the Service Incentive Mechanism will take for 2015 onwards - deadline for responses is 31 January 2014.

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