01342 332057
info@utilityweek.co.uk
The boss of the UK’s largest water company expressed deep disappointment about Ofwat’s decision to place Thames Water in the “significant scrutiny” category in its initial assessment for PR19 business plans.
7 years ago
Ofwat has today (31 January) published its initial assessment of water companies' business plans for the 2019 price review, PR19. The industry reacts.
Ofwat has taken a tough stance on all but three water companies and will push them to go further to deliver for customers between 2020 and 2025.
Philip Hammond has expressed hope that Hitachi might still press ahead with its plans to build a new nuclear plant in north Wales.
As Ofwat prepares to publish its initial assessment of water companies’ business plans, Nigel Hawkins asks if 2019 could be the year that the firms’ customers do better than their shareholders.
Auto-switching service Switchd has announced it has raised £500,000 in its latest funding round.
Big six supplier Npower has introduced a tracker tariff which keeps below the price cap by 6 per cent.
Severn Trent has successfully trialled an alternative payment method which it says will make paying bills “easier than ever”.
Research from Citizens Advice has found that a lack of clear information is making it difficult for electric vehicle (EV) drivers to work out the best electricity tariff to choose to charge their vehicles.
Paul Richards, chief executive of Together Energy, said the company strongly believes there should be a "price collar" as well as a price cap, as research from Uswitch reveals customers face "staggering" price increases. "We strongly believe as well as a price cap, there should be a price collar," he said.
The Scottish government provided three commercial rate loans totalling £9.5 million to failed Edinburgh-based supplier Our Power.
The money will be used to fund the ongoing global expansion of Faraday Grid, including in the UK, and the accelerated commercialisation of its Faraday Exchanger technology.
The UK stock market had a very poor final quarter in 2018, as a swathe
Ofgem has permitted Octopus Energy to recoup nearly £13.2 million of costs it incurred in
