Our Business Plan sets out the levels of service we intend to provide to our customers, how we will measure our performance, and how much we will need to spend to provide water services. This is used by the industry regulator, Ofwat, to determine how much revenue we are allowed to receive, which is collected through customer bills.
We submitted our Business Plan to Ofwat in December 2013. Following Ofwat’s initial review of our Plan we produced an updated version in June 2014. This version of our Plan can be found below.
Ofwat published its Final Determination on our Business Plan in December 2014. We asked Ofwat to refer its Determination to the Competition and Markets Authority (CMA), and the CMA published its redetermination of our price limits in October 2015.
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