Ofwat to look at social tariffs and abstraction reform
Ofwat has updated its 2012-2013 work programme to include projects on social tariffs and abstraction reform.
This reflects proposals made in the Government’s Water White Paper, which was unveiled last month. The document sets out consultation on Ofwat’s forward work programme for the coming financial year, focusing on projects in the pipeline as opposed to routine activities. These include projects, such as the Thames Tideway project and license reform.
In a foreword to the programme, Ofwat chairman Phillip Fletcher and chief executive Regina Finna said they were “delighted” the Water White Paper included a “promise of legislation”.
As a result, Ofwat confirmed it was already looking at how it will support the Government’s aims, as well as continuing work to deliver better regulation, implement market reform and contribute to sustainable development.
It also outlined plans for further consumer protection and said a consumer policy statement would be published in April 2012.
According to Ofwat it is aiming to change the way it regulates: “We are now entering a new phase of activity where we are starting to take firm decisions about the shape of our future regulatory framework – rather than exploring a range of possible solutions.”
Consultation on the work programme is open until February 6 and the final forward programme is set to be published by March 31.
The full document can be downloaded here.
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