Ofwat issues final charging rules consultation
Ofwat is consulting until 1 September for the last time before it issues revised charging rules to take effect from 1 April 2022. This follows a June consultation.
The changes concern: Wholesale Charging Rules and Charges Scheme Rules in England and Wales; and new connection rules in England. Ofwat explained: “These changes are to make important steps to improve the transparency of charges for new connections set by English companies, specifically through greater consistency in terminology and through use of worked examples.” It noted that companies have collaborated to make these improvements under the leadership of Northumbrian Water and Water UK, with input from stakeholders, and that the work followed from Ofwat's November 2020 conclusions on new connections.
Ofwat sets principle-based charging rules which give companies flexibility to innovate in how they calculate and present their charges and offer better customer services. The regulator pointed out the current consultation fits into a wider programme of work on charges for and regulation of developer services.
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