Ofwat refers Bristol Water appeal
Ofwat has referred an appeal from Bristol Water plc to the Competition and Markets Authority (CMA).
This follows the water supply company鈥檚 decision to reject the regulator鈥檚 , broadly on the grounds that they were too low.
The Water Services Regulation Authority (Ofwat) is required to refer such appeals to the CMA under the Water Industry Act 1991.
The CMA鈥檚 task is to determine the appeal and, if necessary, set new price limits. Its deadline is 3 September 2015.
More details on Ofwat鈥檚 final determination are .
Bristol Water announced its last month.
All information on the appeal will be available on the case page.
Notes for editors
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The CMA is the UK鈥檚 primary competition and consumer authority. It is an independent non-ministerial government department with responsibility for carrying out investigations into mergers, markets and the regulated industries and enforcing competition and consumer law. From 1 April 2014 it took over the functions of the Competition Commission (CC) and the competition and certain consumer functions of the Office of Fair Trading, under the Enterprise and Regulatory Reform Act 2013.
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The Water Industry Act 1991 requires Ofwat in accordance with the terms of Bristol Water鈥檚 licence to refer any disputed determination of price limits to the CMA for determination.
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All the CMA鈥檚 functions in price determination appeals are performed by inquiry groups chosen from the CMA鈥檚 panel members which act as the decision-makers. The members of this appeal group will be confirmed shortly.
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A was referred to the CC by Ofwat in 2010.
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Enquiries should be directed to Rory Taylor, ([email protected]) or Siobhan Allen, ([email protected]), or by ringing 020 3738 6798 or 020 3738 6460.
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