Water UK has raised concerns over the regulatory incentives proposed by Ofwat in its draft methodology for the 2024 price review. In its response to the consultation, the trade body said the changes put forward by the regulator, which include the removal of caps, collars and deadbands from individual outcome delivery incentives, suggest water companies will face “increasingly asymmetric downside risks” as part of PR24.
Water UK raises concerns over proposed incentives for PR24
