IB 20/14 Further engagement with Bristol Water over cost gap

Ofwat has today written to Bristol Water following the company’s further representations on the 2014 price review.

Ofwat continues to engage with Bristol Water on wholesale costs to find the best outcome for customers.

Ofwat previously wrote to Bristol Water on 6 August setting out that they were concerned about the cost gap of £203million in the company’s wholesale costs.

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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 finance them.
  2. This release may be of interest to those following these companies: Affinity Water, Anglian Water Services Ltd, Bristol Water plc, Cholderton and District Water Company Ltd, Dee Valley Water plc, Dŵr Cymru Cyfyngedig (Welsh Water), Northumbrian Water Ltd, Portsmouth Water plc, Sembcorp Bournemouth Water Ltd, Severn Trent Water Ltd, South East Water Ltd, Southern Water Services Ltd, South Staffordshire Water plc, South West Water Ltd, Sutton & East Surrey Water plc, Thames Water Utilities Ltd, United Utilities Ltd, Wessex Water Services Ltd, and Yorkshire Water Services Ltd.
  3. The letter sent to Bristol Water on 13 October 2014 can be found on Ofwat’s website.
  4. Media enquiries to Ofwat Press Office on: Simon Markall 0121 644 7696 / [email protected]i.gov.uk