HomeTagsOfwat

ofwat

Hafren Dyfrdwy to deliver record levels of investment after Ofwat’s final determination

Hafren Dyfrdwy can now deliver record levels of investment to improve its water and waste network and boost its environmental performance after Ofwat approved...

Thames Water will “take time to review” Ofwat’s final determination before making its response

Thames Water Utilities Limited has said that given its importance and complexity, the company "will take time to review the determination in detail before...

Anglian Water receives Final Determination from Ofwat on £11bn plan for the region

Anglian Water has received its Final Determination from the water industry regulator, Ofwat, in response to its £11 billion plan proposed for the region...

Pennon confirms record £3.2bn investment for customers across the South West, Bristol, Bournemouth and Sutton and East Surrey

Pennon has confirmed plans to deliver a record £3.2bn investment across the South West, Bristol, Bournemouth and Sutton and East Surrey, for the period...

Ofwat approves £104bn upgrade for the water sector

Ofwat has approved a £104bn upgrade for the water sector as part of its final determinations in the PR24 process, which sets investment plans,...

Ofwat finds Thames Water has broken dividend payment rules and proposes £18m penalty

Ofwat has announced its proposed decision which finds Thames Water to be in breach of its obligations under Licence Condition P30. In October 2023, Thames...

OEP investigation concludes Defra, EA and Ofwat failed to comply with environmental law in relation to sewage discharges

The Office for Environmental Protection (OEP) has concluded that there have been failures to comply with environmental law by the Department for Environment, Food...

Ofwat and CCW issue warning after customers whose homes were hit by sewer flooding feel let down and abandoned

New research by Ofwat and the Consumer Council for Water (CCW), that questioned customers whose homes were flooded with sewage, shows wastewater companies must...

Ofwat to appear before MPs for questioning on water companies’ finances, customer bills and regulation of the industry

The Environment, Food and Rural Affairs Committee (EFRA) is due to hold an evidence session to scrutinise the work of Ofwat, questioning its Chief...

73% of bonus payments will not be paid for by customers, says Ofwat

Ofwat has today announced that new rules on exec bonuses and on dividends are beginning to bite in their first full year of operation,...

Ofwat launches new standards to improve services for customers who need extra help

Ofwat has set out new standards expected of water companies for how they should operate, grow and maintain their priority services registers (PSR) of...

2 in 5 households say they will find it difficult to afford water bill increases

Two in five households across England and Wales say they will find it difficult to afford the increases to water bills being proposed by...

Staying above water: can pension trustees navigate the challenges of Ofwat?

Mike Birch, Independent Trustee at Vidett and former Director of Supervision at The Pensions Regulator (TPR), addresses the financial turbulence within the water sector,...

Thames announces proposed transaction to extend its liquidity runway

Thames Water Utilities Limited has announced a proposed transaction to extend its liquidity runway, including up to £3.0bn of new money in addition to...

First Minister of Wales visits Welsh Water Headquarters

The First Minister of Wales visited the Dŵr Cymru Welsh Water headquarters on Thursday 24th October to meet the company’s staff. Eluned Morgan was taken...

Governments launch largest review of the water sector since privatisation

An Independent Commission into the water sector and its regulation has been launched by the government in what is expected to form the largest...

Ofwat opens consultation on new powers in Water Bill

Ofwat has launched a consultation asking for the views of its stakeholders on three new rules of remuneration and governance proposed in the Water...

National Drought Group discusses preparations for extreme weather following wettest 12 months in England since 1836

The changing climate means we will see more extreme weather in the coming years, the National Drought Group heard at its latest meeting yesterday...

Thames Water independent Monitor is appointed

Ofwat has confirmed that an independent Monitor to report on the progress of Thames Water against its equity raise and transformation plans has now...

Licence modification on Price Review timing to be implemented by Ofwat to allow final determinations to be confirmed in January 2025 if necessary

Ofwat has confirmed a modification to English and Welsh water company licences that would allow the 2024 Price Review final determinations to be confirmed...

Ofwat calls on water sector to improve its performance after companies fall short on targets

Ofwat has published its annual Water Company Performance Report which shows disappointing results. According to the regulator, this demonstrates that record investment alone in...

NEWS CATEGORIES

NEWS ARCHIVE