Nearly two-thirds of companies clock up 2021-22 performance penalties
by Karma Loveday
Six companies secured performance rewards of £92.8m for 2021-22, with the lion’s share for Severn Trent (£62.9m) and United Utilities (£24.1m).
The remaining 11 companies were issued penalties totalling £149.3m, with the largest to Thames Water (£51m).
The table summarises Ofwat’s total draft determination adjustments for year, covering the net impact of total Outcome Delivery Incentive payments (including C-MeX and D-MeX). These determinations are open for consultation until 21 October.
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