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Ofwat has granted Independent Water Networks Limited (IWNL) its third inset appointment which will enable the company to supply water to a new development of 162 homes at Great Billing Way in Northampton. Inset appointments allow one company to replace another as the statutory supplier for a specific geographic area. IWNL will serve its customers by buying treated water from Anglian Water. Sewerage services to the site will continue to be supplied by Anglian Water. Customers on the site will benefit from this supply arrangement through discounted water tariffs, as IWNL will charge five per cent less per cubic metre of water supplied than Anglian Water would otherwise charge. IWNL will look to continue offering the discounted water tariffs to all customers on the site as long as it is able to do so. IWNL will be subject to the same customer service requirements as other water and sewerage companies. In October 2007, Ofwat granted IWNL its first inset appointment for a housing development in Corby. In January 2008, Ofwat granted IWNL its second inset appointment for a large development of homes and businesses at Priors Hall, also in Corby. Notes to Editors: 1. The Water Services Regulation Authority (Ofwat) is the economic regulator of water and sewerage companies in England and Wales. It exercises its powers in a way that it judges will protect the interests of consumers, promote value and safeguard future water and sewerage services by allowing efficient companies to carry out their functions properly, and to finance them. 2. An inset appointment is the route by which one company replaces another as the appointed water and/or sewerage company for a specified area. Following an inset appointment, the replacement water and sewerage company will have all of the same duties and responsibilities as the previous statutory water and sewerage company for the specified area. 3. There are three qualifying criteria for seeking an inset appointment. - For an area in which each of the premises of one or more customers is supplied (or is likely to be supplied) with not less than 50 megalitres of water in England (250 megalitres of water in Wales) in any period of 12 months. This also applies to inset appointments for sewerage services. - For an area which is not served by an existing appointed company – an 'unserved site'. This includes an area that may be currently supplied by unregulated or 'private' supplies with its own source of water. This criterion has to be met for both water and sewerage services included in the inset appointment application. IWNL applied under this criterion. - For an area where the existing appointed company consents to transfer that area to the inset appointee. 4. Media enquiries to Ofwat Press Office on 0121 625 1496/1416/1442.  | ||||||
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