PR19

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Is Yorkshire Water’s PR19 challenge a bid to draw a line in the sand?

The wait is over: it’s pistols at dawn. Before this week, there had been growing tension and speculation in the water sector as the deadline loomed for companies to throw out their PR19 final determinations and refer their settlements to the ­Competition and Markets Authority (CMA). In the end it was Yorkshire Water that reached for the trigger.

5 years ago

Yorkshire speaks for the many, not the few

Yorkshire Water's rejection of Ofwat's final determination on its 2020-2025 business plan, triggering a referral to the CMA, has lit the touch paper on what was already an explosive situation. But will the fire spread? Ruth Williams investigates whether the company's concerns represent a wider rebellion across the sector.

5 years ago

Yorkshire rejects Ofwat’s final determination and seeks CMA appeal

5 years ago

Wessex: customers want investment not cuts

5 years ago

UU chief financial officer to retire; Moodys predicts lower penalties

A week after United Utilities accepted its final determination, it has announced the departure of its chief financial officer. Meanwhile, Moodys has set out its predictions for the company including lower penalties and the impact of transitioning to CPIH-linked assets value

5 years ago

Byatt: Time to stop ‘dithering’ and do it right

5 years ago

Six things energy networks need water companies to challenge at the CMA

5 years ago

‘Customers are for life, not just for a price review’

PR19 has been the water sector's most customer-focused ever with more than five million people involved in the writing of the business plans. CCWater and Ofwat discuss how the research should be used as an opportunity to learn more about customers, not as a box-ticking exercise

5 years ago

Affinity gets to grips with PCC and leakage

5 years ago

PR19: Severn Trent is first company to accept final determination

5 years ago

KPMG director says PR19 will be a ‘diet for fat cats’

5 years ago

UU and Northumbrian demonstrate commitment to affordability

5 years ago

Yorkshire invests in smart network to tackle leakage

5 years ago

Investor confidence remains high under tough regulation

The tough stance adopted by Ofwat has challenged the water sector and reassured its investors, according to S&P Global Ratings. Despite difficult times ahead and lower ratings, water remains a sound longer-term investment, thanks in part to the firm regulatory framework the companies operate in, a senior director told Utility Week.

5 years ago

Fitch: Ofwat has moved positively on PR19 but pressures remain

A senior director at ratings agency, Fitch, has said Ofwat’s final determinations (FD) are an example of the regulator listening to the sector. Maria Fassakhova told Utility Week that while significant pressures remained on water companies, she did not expect many to take the risk of appealing to the CMA.

5 years ago

Ofwat: PR19 is pro-investment

5 years ago

PR19 – Was Ofwat tough enough?

The regulator’s final determinations have received a mixed reaction from the water industry, with some claiming Ofwat has compromised its tough stance while others believe it has made some clever moves in heading off potential CMA referrals. James Wallin gauges reaction from across the sector.

5 years ago

Changing waterscapes in PR19

5 years ago

Fast track water companies digest PR19 updates

Utility Week examines the impact of Ofwat's final determinations on the three fast-tracked companies - Severn Trent, South West and United Utilities - including the view of investors.

5 years ago

Don’t mislead customers about lower bills, warns CCWater

5 years ago

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