ODIs

Ofwat confirms approach to PCC targets

Ofwat has confirmed that water company performance against per capita consumption targets will not be calculated until the end of the 2020 to 2025 regulatory period to best assess how Covid-19 has affected progress. Other performance payments have been calculated for 2020/21, with Severn Trent receiving the largest outperformance payment of £25 million and Thames receiving the largest underperformance deduction of £53 million.

11/11/2021

News

Ofwat: Still too soon to assess Covid-19 impact on ODIs

Ofwat has said it won't yet make adjustments to outcome delivery incentives that may have been impacted due to Covid-19 and lockdowns. The regulator set out the draft in-period payments for each company but said there is not yet sufficient information to make an in-the-round decision about how performance has been hindered.

12/10/2021

News

CMA locks horns with Ofwat on leakage

What does the CMA's provisional ruling on leakage say about the challenge Ofwat set the water sector to drastically reduce the amount of water lost to leaks?

05/10/2020

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