Ofwat announces £40m Water Breakthrough Challenge

It will open on 6th May 2021 and aims to encourage collaborative and innovative initiatives that help tackle the biggest challenges facing the water and wastewater services

Ofwat proposes increasing price cap due to higher bad debt

The water regulator is consulting on the most appropriate ways to share the costs and is seeking views and evidence until 6th April 2021

Ofwat CEO Rachel Fletcher joins Octopus Energy

As Director of Regulation and Economics, Mrs Fletcher will work for the energy system decarbonisation

Ofwat consults on what the water sector should look like by 2040

It has launched the ‘Future Ideas Lab’, where ideas can be submitted on how the regulator could evolve the price review to meet the challenges faced by the water sector

Water company chiefs challenged on environmental performance

Environment Minister Rebecca Pow said while water companies coped well under increased pressure during the lockdown, she made clear much stronger action is needed on environmental priorities

Water regulator Ofwat appoints first Head of Wales

Bethan Evans will take on the role from 1st September 2020

Water
Ofwat revokes Tor Water’s licence

It comes after South West Water told the regulator last month that it has terminated Tor Water’s wholesale contract due to ‘a series of outstanding undisputed payments’

Competition watchdog to examine Ofwat’s price review after appeals

Last December, the regulator said water companies across England and Wales must cut their bills by 12% before 2025

Yorkshire Water rejects Ofwat’s price determination and seeks CMA appeal

Last December, the regulator said water companies across England and Wales must cut their bills by 12% before 2025

Ofwat tells water firms to cut bills by 12% before 2025

The water regulator says returns on invested capital will be capped at a rate of 5.02%, down from the current limit of 6.64%