Proposal to modify the  regulation fee cap in Condition N  of water company licences

Proposal to modify the regulation fee cap in Condition N of water company licences

Published date: June 14, 2022
Closing date: Tuesday July 12th, 2022 5:00pm

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About Consultation

The Water Services Regulation Authority (Ofwat) is mainly funded by licence fees paid by appointed water companies and there is a cap on the level of those fees in Condition N of water companies’ appointments (licences). This document sets out proposed changes to the regulation fee cap in Condition N to ensure that the budget agreed with HM Treasury as part of the 2021 Comprehensive Spending Review (CSR) can be funded and to future-proof the fee cap.

Where to send submissions

We would welcome any comments on this document. Please email them to [email protected]

The closing date for this consultation is 12 July 2022.

We intend to publish responses to this informal consultation document on our website at www.ofwat.gov.uk.