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Utilities must take urgent action now to help customers avoid escalating debt or face a crisis this winter. This is according to Baringa Partners, which has investigated the potential impact of coronavirus on the sector over the coming months and concluded companies face a three-fold increase in typical bad debt charge write-offs.
4 years ago
National Grid has unveiled a General Electric director as its new chair. Elsewhere, former energy minister and COP26 president Claire O'Neill has joined sustainable business group WBCSD, Southern Water prepares to welcome EA director Toby Willison and an ex-Ofwat director joins SSE.
The leisure centre operator, which has 99 sites in the UK, will partner with Waterscan. The move has been welcomed as the leisure sector is currently under-represented in the water market,
The majority of householders have no conception of how much water they use, with 78 per cent believing they consume under 60 litres a day. This is according to a new survey from Water UK, which says the results underline the need for education around the value of water to help people lower their usage.
The Competition and Markets Authority has told Utility Week it expects to hit its deadline of mid-September to deliver its first take on the appeals by four water companies to Ofwat's final determinations on their AMP7 business plans. All eyes will be on any adjustments to WACC, what value is placed on customer input and the levels of investment permitted.
As businesses re-open after lockdown the pressure is on water retailers to read a copious number of meters and accurately update customer bills. Castle Water CEO John Reynolds talks to Utility Week about the storm after the calm.
The long-awaited Environment Bill will enshrine protection for waterways that may include new PCC targets, changes to abstraction licences, review of agricultural and wastewater pollutants that enter waterways.
Everflow Tech, the sister company to Everflow Water, has released its proprietary quotation software to the water retail market, whilst boasting of its ability to produce almost instantaneous quotes for switching. The company has also appointed Paul Williams its first chief technology officer, who said the Simple Quoting tool will be first in a series of modules to be spun off from its billing platform Eclipse.
Ofwat has decided to roll back most of the temporary measures that were introduced to protect the non-household market during the coronavirus lockdown when many businesses were forced to temporarily shut. However, the regulator also announced it would continue to allow water retailers to defer a portion of their wholesale charges until the end of October.
The Agriculture Bill has the potential to transform catchment management by water companies, landowners, farmers and other stakeholders with subsidies available for farmers who employ environmental land management, according to Anglian Water's head of public affairs Daniel Johns.
Tony Cocker, who led Eon and sits on the board at SSE, has announced he will step down as chair of Affinity Water from January 2021 citing personal reasons for the decision.
Water resource management plans should prepare an area for once in 500-year drought events and feature natural capital solutions to resource management, according to proposed updates to planning guidance.