Setting price controls for 2015-20 – framework and approach

Price review 2014

Customers of water and sewerage and water only companies deserve excellent service at a fair price. As the economic regulator for the water and sewerage sectors in England and Wales, we want to ensure this is delivered, while at the same time protecting the natural environment.

We are now consulting on how we will set the price and service package (‘price controls’) that the monopoly water and sewerage and water only companies must deliver for each of the five years from 2015 to 2020.

A key feature of our proposals is, for the first time, to set separate price controls for:

  • retail water and sewerage services to household customers
  • retail water and sewerage services to non-household (business) customers
  • wholesale water services
  • wholesale sewerage services

By setting these distinct controls, we can target our regulation on the different activities that companies carry out. This is essential if we are to keep prices down, while encouraging innovation and sustainable solutions to manage this valuable and precious resource.

Setting price limits for 2015-20 framework and approach: a consultation

Briefing notes

Setting price controls in 2014 | Gosod rheolaethau prisiau yn 2014: