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Ofwat softens blow to UK water

Liz Parminter, a water sector expert at PA Consulting, explains the impact of Ofwat’s final determinations on water companies in England and Wales over the next five years.

The article explains that Ofwat’s price review reduces investors’ allowed returns and costs but it also provides greater protections for investors.

Commenting on the regulator's pricing decision, Liz explains that "Ofwat has given water companies breathing space in the next couple of years in areas such as performance commitments."

However, Liz sees challenges such as the “cost gaps” between companies estimated cost needs for the period and the amount the regulator said they should be allowed to spend.

Read the full article in Inframation News

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