CMA requests six month extension to redetermine price reviews for five water companies

The Competition & Markets Authority (CMA) has requested an extension of six months to the process that will see it redetermine the price reviews for five water companies.

The process normally takes six months; however, the CMA is permitted to request an extension of a further six months. In line with this provision, the CMA has made that request and Ofwat has agreed.

Ofwat had formally referred the requests from five companies for a redetermination of their PR24 Final Determination to the CMA in March this year.

The five companies whose requests have been referred to the CMA are:

  • Anglian Water
  • Northumbrian Water
  • South East Water
  • Southern Water
  • Wessex Water

The CMA requested the extension given the nature and scale of the work involved in assessing the price controls for the five water companies and the associated procedural complexity. The CMA now has until 17 March 2026 to complete its report on the references, although it may do sooner.

SourceOfwat

NEWS CATEGORIES

LATEST NEWS

Ofwat appoints interim leaders following David Black’s resignation

Following the announcement that David Black is to stand-down from his role as Chief Executive, the Board of Ofwat has appointed Chris Walters as the...

Storm Floris brought rain but water scarcity in the east of Scotland remains unchanged

Despite a wet and windy start to August, Scotland's water scarcity picture remains largely unchanged, with concerns persisting in the east. This week's update from...

New updates to EPA tools for targeting agricultural measures to protect water quality

Ireland's Environmental Protection Agency (EPA) has published updated evidence to further support the targeting of agricultural measures to protect and improve water quality. There are...

Marshalls confirms the appointment of Paul Inman to the Board as a Non-Executive Director

Marshalls, a leading manufacturer of sustainable solutions for the built environment, has confirmed the appointment of Paul Inman to the Board as a Non-Executive...