ENGLISH PATIENTS
- From: Vol 10, Issue 12 (December 2009)
- Category: Need to know
- Region: Europe
- Country: United Kingdom
- Related Companies: Glas Cymru, Ofwat, Severn Trent, Thames Water, United Utilities and Yorkshire Water
* The UK regulator, Ofwat, published its final determination for the 2010-2015 price review period on 26 November.
It involves a 1% reduction in tariffs, as opposed to the 4% cut proposed in the draft determination in July. With the weighted average cost of capital reduced from 5.1% to 4.5%, big spenders such as United Utilities, Yorkshire Water and Thames Water are worst hit by the determination. Thames’ backers will need to either raise an additional ...
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