Anglian Water rejects Ofwat determination

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ANGLIAN Water, which covers the largest part of England and Wales, announces it has asked Ofwat to refer its Final Determination to the Competition and Markets Authority.

So far, Yorkshire Water and Bristol Water have also rejected the PR19 determination.

On the other hand, Sutton and East Surrey Water, United Utilities, Welsh Water and Severn Trent have already accepted the water sector regulator’s determinations while Southern Water is still considering its stance.

Chief Executive Peter Simpson commented on the decision: “The Anglian region faces specific challenges brought about by a changing climate and a population growing faster than almost anywhere else in the UK.

“Our plan aimed to address these challenges and our customers wholeheartedly supported it.

“They want us to invest now, not wait.

“We also recognise that delaying now will mean that costs for customers in future will be much higher.

“Social and environmental needs are firmly embedded in our business purpose.

“We have a long term focus on improving the resilience of the region and investing in infrastructure to cope with the impacts of climate change and population growth.

“As we do not believe the Final Determination enables us to meet these needs, we are making use of the next step in the regulatory process and asking the Competition and Markets Authority to consider if the right balance has been struck between bill reductions and investment.

“Throughout the Competition and Markets Authority process we will remain absolutely focused on continuing to deliver operational excellence and great service for our customers.”