Water UK has today (August 28th 2024) published its response to Ofwat’s ‘draft determinations’ consultation.
In its submission Water UK urges Ofwat to back company plans in full and ensure the right conditions are in place to allow investment.
You can find our full submission and supporting documentation below.
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Covering letter to Ofwat
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Water UK’s response to Ofwat’s draft determinations on PR24
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A position paper on a common framework for uncertainty mechanisms by Water UK
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A report on the investability of PR24 by Oxera
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A report on asset health and capital maintenance by Reckon
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A report on performance targets and incentives by First Economics
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A report on energy costs by Baringa
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A report on the cost of new debt and additional borrowing for PR24 by KPMG
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A report on the cost of embedded debt with commentary on Ofwat’s draft determination position by KPMG
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