Search results
Results From The WOW.Com Content Network
The Water Services Regulation Authority, or Ofwat, is the body responsible for economic regulation of the privatised water and sewerage industry in England and Wales.Ofwat's main statutory duties include protecting the interests of consumers, securing the long-term resilience of water supply and wastewater systems, and ensuring that companies carry out their functions and are able to finance them.
Ofwat – the Water Services Regulation Authority, economic regulation of the water and wastewater industries in England and Wales; The Utility Regulator – economic regulation of the electricity, gas, water and wastewater industries in Northern Ireland [8]
Water bills are set to rise by £86 on average in 2025 following regulator Ofwat’s price review. This marks the first stage of a 36 per cent increase in bills over the next five years.
An independent review into the water industry could consider abolishing regulator Ofwat among other measures to reform the sector, after a public outcry over bills, bonuses and sewage pollution.
An asset management plan (AMP) period is a five-year time period used in the English and Welsh water industry.It is used by the Water Services Regulation Authority to set allowable price increases for the privately owned water companies and for the assessment of many key performance indicators such as water quality and customer service.
For premium support please call: 800-290-4726 more ways to reach us
The Consumer Council for Water (CCW) is a non-departmental public body whose sponsor department is Defra.CCW is independent of both the regulator, Ofwat, and the water companies.
Water Services Regulation Authority (Ofwat) is the economic regulator of the water sector; it protects the interests of consumers by promoting effective competition and ensuring that water companies carry out their statutory functions. Ofwat has a management board comprising a chairman, Chief Executive and Executive and Non-Executive members.