Detail
Since the publication of our Consultation on proposals: 2021-22 review of the Retail Exit Code on the 1st of September 2022, we identified a small error in Ofwat's Group One cost allocation model in relation to adjusting Retailer reported costs to a consistent (2021-22) price base. This error does not change our proposed method or approach, but it does lead to minor changes in the calculation of Retailer costs and therefore the proposed allowances.