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.