Water companies face tougher performance targets

Ofwat wants to stretch water companies’ performance commitments and put in place stronger incentives to ensure they are met

Penalties for missing environmental targets could get tougher. Photograph: 123RFOfwat wants to stretch water companies’ performance commitments and put in place stronger incentives to create better outcomes for the environment and for customers.

Outcomes-based regulation was introduced in the last industry price review (PR14), alongside a total expenditure approach to cost assessment, and Ofwat wants to continue to build on this for the next price review (PR19).

Please sign in or register to continue.

Sign in to continue reading

Having trouble signing in?

Contact Customer Support at
report@ends.co.uk
or call 020 8267 8120

Subscribe for full access

or Register for limited access

Already subscribe but don't have a password?
Activate your web account here