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PR24: Shaping and preparing for the price control

A critical moment for the water sector

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Are we heading for collaboration or a showdown? The next price review, and the business plans it establishes, will be critical to the success of water companies in meeting the challenges ahead.

We’re proud to have partnered with Utility Week to undertake this research on behalf of the water industry in the midst of a transformative period. Based on a series of in-depth interviews with senior personnel in the sector, it explores leaders’ views on the emerging proposals around PR24 and how they can rise to these challenges to create opportunity.

Key themes from the report

Featuring 18 interviews with water company chief executives, regulatory directors, heads of environment, customer and digital, together with policy directors of water bodies, our report identifies four key themes for leaders to address:

  1. Resilience and climate change versus investment
  2. Performance commitments
  3. Paying for change
  4. Digital transformation and innovation.

As the report explores, success will require a shift in approach to regulation, as well as exploring and delivering on all opportunities to harness innovation, and gearing operations to be more efficient, collaborative and data-driven.

Contributors

18

interviews with water company chief executives, regulatory directors, heads of environment, customer and digital, together with policy directors of water bodies

5

PA utilities experts sharing their insight throughout the report

PR24: Shaping and preparing for the price control

PR24: Shaping and preparing for the price control

The next price review and the business priorities it puts into motion, are critical to the success of water companies in meeting the major challenges they face. This report provides an in-depth look at how the PR24 methodology is shaping up, and how it needs to develop to provide a sustainable environment for water companies and their customers.

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Related insights

Contact the water team

Liz Parminter

PA energy and utilities expert

Gregory Bradley

PA energy and utilities expert

Marc Tritschler

PA water sector expert

Wendy Kimpton

PA water regulation expert