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With the level of bad debt anticipated to exceed 2 per cent for the water retail sector, Ofwat has begun consulting on the most appropriate ways to share the costs. The regulator has proposed raising the price cap and sharing debt between customers from 2022
4 years ago
Bulb has been ranked topped of the fastest growing businesses in Europe with Everflow coming in at third and Octopus at 26th on the Financial Times' list.
In the latest appointments round-up from across the utilities sector, the head of BP UK is to step down at the end of this year; the Energy Networks Association has named the chair for its smart grid project; MOSL has appointed a non-executive director, and Energy UK’s switching consumer group has a new chair.
United Utilities reports a strong first year to AMP7 with ODI reward payments 10x what they were at this point in AMP6 and predictions the company will do "significantly better" over the five years.
Yorkshire Water has published ideas for investment and regulatory reform to allow the sector to be more flexible in its PR24 business plans and rise to the challenges of climate change and population growth. Utility Week discusses the company's proposal with its director of corporate affairs, Richard Emmott.
To address some of the problematic elements of decarbonisation in the water sector, this virtual innovation festival jointly hosted by Anglian, Yorkshire and Essex & Suffolk will look towards COP26
South Staffs has engaged with farmers and land managers to trial companion crops for maize fields as part of a catchment management scheme that has seen nitrate run off reduced by 50 per cent
SES Water has created a campaign to debunk commonly held myths about water consumption at a personal, local and global level as part of its efforts to reduce consumer demand in its region.