Ofwat calls on water sector to improve its performance after …

Oct 8, 2024 · Poor performance costs water sector £157.6m this year as companies fall further behind on some key Ofwat targets Customers’ bills will be reduced to reflect these …

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Ofwat Calls On Water Sector To Improve Its Performance After …

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Oct 8, 2024 · Poor performance costs water sector £157.6m this year as companies fall further behind on some key Ofwat targets Customers’ bills will be reduced to reflect these …

ofwat.gov.uk

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Ofwat Calls On UK Water Sector To Improve Its Performance

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Oct 8, 2024 · Poor performance costs water sector £157.6m this year as companies fall further behind on some key Ofwat targets; Customers’ bills will be reduced to reflect these …

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Ofwat Approves £104 Billion Plan For Cleaner Water And Secure …

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Dec 19, 2024 · Ofwat has approved a £104 billion upgrade plan for the water sector, aiming to deliver substantial and lasting improvements for both customers and the environment. This …

globalflowcontrol.com

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Water UK Response To Ofwat Water Company Performance Report

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Oct 8, 2024 · “Water companies have proposed to invest a record £105 billion over the next five years to go even further. This investment will support economic growth, build more homes, …

water.org.uk

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Ofwat Announces Details Of £400m Fund To Spur Water Sector ...

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3 days ago · The Ofwat Innovation Fund will double to £400 million to support projects that could transform the water sector. ... Senior Director for Sector Performance, Ofwat, said: ... The …

watermagazine.co.uk

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Ofwat Announces Details Of £400m Fund To Spur Water Sector ...

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4 days ago · The Innovation Fund forms part of Ofwat’s approach to innovation in the water sector. Ofwat with the Environment Agency and Drinking Water Inspectorate also runs …

ofwat.gov.uk

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Water Companies To Invest £22bn In Wide-ranging Programme To …

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3 days ago · “Working with the water companies on this £22bn programme is a crucial way to realise the government’s goals of stimulating development and boosting economic growth, …

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FAQs about Ofwat calls on water sector to improve its performance after … Coupon?

Why is Ofwat's water company performance report disappointing?

Ofwat has today published its annual Water Company Performance Report which shows disappointing results. This demonstrates that record investment alone in the next five-year period will not deliver the sustained improvements to services and the environment needed to rebuild public trust. ...

How has customer satisfaction deteriorated since Ofwat introduced the 'average' measure?

Customer satisfaction has deteriorated further, to its lowest point since Ofwat introduced the measure in 2020. Four companies have moved up from ‘lagging behind’ to ‘average’, South East Water, South West Water (Bristol region), Thames Water and Yorkshire Water, but performance improvements are inconsistent across the sector. ...

Does Ofwat compromise enough for water companies?

Has Ofwat compromised enough for water companies in its final determinations in PR24? As Ofwat announces its final decisions in the 2024 price review (PR24), it was always going to be a difficult compromise and an exceptionally tough job balancing the competing factors. ...

Is Ofwat achieving 'leading' status?

Companies are falling further behind on key targets for pollution and internal sewer flooding, with no company achieving ‘leading’ status for the second year running. Ofwat CEO, David Black said:: “This year’s performance report is stark evidence that money alone will not bring the sustained improvements that customers rightly expect. ...

Is Ofwat a good water regulator?

Negatively for water companies, Ofwat has held firm on its frontier shift adjustment of 1% per year. While this is more than in the past, it is consistent with recent approaches of other regulators. Ofwat has updated its outcomes for 2023-24, which gives a more pessimistic view of performance. ...

What does Ofwat expect from the Water Commission's review?

David Black, Ofwat's chief executive, said: "We welcome the Water Commission’s review and look forward to being able to work with the Government on the change that is needed to drive better outcomes for customers and the environment." ...