We have now responded to Ofwat’s first assessment of our plan with five key challenges, some of which asks the regulator to address sector wide issues such as the overall balance of risk and return and the absolute need to make sure the water industry is investable. Others are more specific to Anglian Water and the outcome of our plan.
It’s important we and Ofwat work together to get this right. Water is the lifeblood of our region. It allows businesses to grow, communities flourish and people to get on with their day-to-day life. Our response to Ofwat asks it to help make sure we can do this.
The next stage of the process happens in mid December, when Ofwat will issue its Final Determination (the end result).
You can find out more about our Draft Determination Representations for 2024 here.