Detail
The introduction of a readiness condition requiring companies to make the preparations necessary for market opening will provide important support to the opening of the new retail market in April 2017. It creates a legally enforceable obligation, supporting the programme requirements around preparations for data, shadow operations and the assurance framework. Ofwat issued a formal consultation on the proposed readiness condition on 3 March. This was the third-stage of consultation on the readiness condition. This document sets out the results of that consultation. We summarise the responses received, how we have considered the points made in the responses and the decision that we have reached.