Credit terms between wholesalers and retailers in the new retail market

About Consultation

This consultation considers the credit arrangements between wholesalers and retailers in the new business retail market. These arrangements are part of our work on the Open Water programme. However, there are also important linkages to how price controls are set and our Water 2020 programme. We are seeking the views of all interested parties to share, and gather feedback on, our preferred approach.

We intend to set out our finalised proposals in a decision document in July 2016. We will then seek to take these proposed changes through the Interim Code Panel in August and, if appropriate, changes would also be reflected in the methodology for the 2019 Price Review (PR19) which we intend to publish in 2017.