Energy prices start to take their toll on costs
- From: Vol 7, Issue 6 (June 2006)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: AWG, Severn Trent Water and United Utilities
Rising energy bills are starting to eat into the UK water sector’s profits.
One cloud over the UK water sector in the year ahead is the steep rise in its energy costs – for which no allowance was made in their tariff structure.
At the time the industry regulator Ofwat was negotiating the 2005/10 tariffs with the companies (two to three years ago) electricity prices had plunged to record lows and forced several ...
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