WebbIn PR14, Ofwat set separate price controls for retail and wholesale—partly in preparation for market opening in the business retail sector (which occurred in April 2024). 5 In PR19, Ofwat will be further disaggregating the wholesale controls into the monopoly elements (‘network-plus’) and potentially contestable areas in the upstream value chain—water … WebbOfwat’s existing duties, which are summarised in Appendix 1 to this statement. In line with its duties and functions, Ofwat should consider how its regulatory tools can enable the water industry to deliver these long-term strategic priorities: • Protecting and enhancing the environment: Ofwat should drive water
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Webb1. Ofwat (The Water Services Regulation Authority) is the economic regulator of the water and sewerage companies in England and Wales. The industry comprises 23 regional and local monopoly firms that were privatised in 1989. Ofwat has been in existence since 1989 and became a corporate body with a board structure from 1 April 2006. 2. WebbNon-Executive Director appointments to Ofwat. Nicola Bruce, Seema Kennedy OBE, Jonathan Kini and David Jones have been appointed to the Water Services Regulation Authority (Ofwat) Board. The appointments start on 1 December 2024 with Jonathan Kini appointed for a term of three years, Seema Kennedy and David Jones for four years, … thorntons trust pilot
Ofwat appoints new chief with pledge to improve sector’s poor ...
Webb4 juni 2024 · Ofwat (the Water Services Regulation Authority) is the economic regulator from the water industry in England and Wales. The Department for Environment, Food … WebbWe're now in the third year of our business plan for the period covering 2024 to 2025, known as AMP7. We made 40 performance commitments in our business plan, which was fast-tracked by Ofwat and, we're pleased to present our progress against the delivery of our customer outcomes for our business plan for AMP7. Webb28 mars 2024 · Affinity Water, which supplies drinking water across the south-east of England, is already trialling such a scheme, where it will charge about 1,500 pre-selected households a cheaper rate for using... thornton substation