This week, we look at more information relating to the Competition & Markets Authority’s (CMA’s) provisional findings for water company PR19 appeals. Among these are Ofgem’s response and supporting information for Ofwat’s response concerning weighted average cost of capital.
Ofwat has set out expectations, assurance and information requirements for water company charges for 2021-22. The Commission for Regulation of Utilities (CRU) announced that Irish Water’s new non-domestic tariffs will apply to all Irish Water’s non-domestic customers from 1 May 2021.
Ofwat explained its thoughts on the impact of the second national lockdown in England on the business retail market, explaining that it will write to MOSL to confirm that the suspension on the invoicing and payment of market performance charges will be further extended.
Water UK published a briefing note on its position on the Environment Bill, which resumed passage through parliament this week. It welcomes much within the Bill but believes there is a lack of ambition on empowering the public to become more water efficient.
Business Stream announced that it is incentivising its customers to switch to hassle-free Direct Debit plans by donating money to different charities.
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