Tor Water on final warning
Ofwat has given notice that it intends to issue a final warning to south west based new entrant retailer Tor Water to comply with its market obligations.
The regulator last week said it will issue a Final Enforcement Order under the Water Industry Act 1991 to Tor, requiring it to provide various outstanding documents and notifications, and to cease to be a defaulting trading party.
Ofwat issued a direction to Tor in May, with which it only complied in part. It ordered Tor to pay outstanding undisputed invoices and to cease to take on customers. The retailer has also since gone into default with a number of wholesalers.