Targeted review of revenue and cost information – water only companies

Targeted review of revenue and cost information - water only companies

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Published

23rd August, 2016

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Publication

Type

Corporate document

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Cambridge Economic Policy Associates (CEPA) undertook a targeted review in early 2016 with the aim of helping Ofwat consider the extent to which sludge and water resource cost and revenue data is robust and comparable across the ten water and sewerage companies (WaSCs). Whilst we gained a good insight into the water activities of the WaSCs from the CEPA targeted review, it was recognised that it would be useful to additionally engage with the seven water only companies (WoCs) to ensure that all potential issues were covered, particularly those which are company specific. We subsequently undertook a review of the seven WoCs over April-June 2016, the findings of which are discussed in this document. The objective of this review of the WoCs, in line with the CEPA review, was to gain a better understanding of the robustness and comparability of water resources reporting data of the companies and to identify any additional issues.