This document is a consultation on our approach to introducing the water efficiency fund that we confirmed in our final methodology for the 2024 price review. The final methodology said that “PR24 will introduce a fund of up to £100 million to help stimulate a transformative, sustained and measurable reduction in water demand nationally, using a range of water efficiency approaches”. This consultation sets out our emerging thinking on how the fund
could operate and seeks views on a wide range of related questions. It is the first of two consultations we have planned and the next, in early 2024, will use the feedback we receive on this consultation to set out a more developed approach.
We welcome comments on this proposal. Please email your responses to waterefficie[email protected]. The closing date for this consultation is 22 September 2023.