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RD 8/00
TO THE REGULATORY DIRECTORS OF ALL
WATER AND SEWERAGE COMPANIES AND
WATER ONLY COMPANIES
13 March 2000
NOTIFIED ITEM FOR METER OPTANTS
In MD157 the Director committed Ofwat to the publication of a protocol including a detailed method for calculating the materiality of the effects associated with excess meter optants.
A draft protocol is attached. It is intended to provide transparency and certainty on the materiality case that companies would need to make if applying for an Interim Determination of K against this Notified Item.
We will be receptive to any points companies wish to make on the draft protocol by 31 March 2000. A final version will be issued as soon as possible after this date.
Please address your responses, if any, to Will Webster, Head of Water Resource Economics.
Yours sincerely
David Rees
Director of Corporate Finance & Economic Affairs
Protocol relating to the Modified Materiality Calculation and
the Notified Item for Household Optional Metering (85KB PDF file) - full text.
The document can be viewed by using Adobe Acrobat Reader software, which is freely available on the web. |