Northumbrian Water has received Ofwat’s final determination of price limits to be applied during the period 2010 to 2015.
This is Ofwat’s response to the very detailed Business Plan submitted by NWL in April 2009 and the consultation following the draft determination issued by Ofwat in July 2009.
Ofwat’s proposals allow average annual household bills to rise (before inflation) by £14 to £313 over the five year period.
The proposals include an investment programme of over £1.2 billion across the areas served by Northumbrian Water in the North East and Essex & Suffolk Water in the South East. In the North East, they include a significant investment to address sewer flooding and a large mains cleaning programme to deal with discoloured water.
Managing Director, John Cuthbert said: “The proposed price limits are just one part of a detailed pack of information provided by Ofwat. The NWL board will need to consider the detail carefully before reaching a conclusion on the final determination and will make an announcement in due course.”
For further information, contact Alistair Baker 0191 3016851.
Notes to editors:
Northumbrian Water Limited supplies 2.6 million customers in the North East with water and sewerage services, trading as Northumbrian Water, and 1.8 million customers in the South East with water services, trading as Essex & Suffolk Water.