Competition - Indicative access prices
- What are Indicative Access Prices?
- The Water Act 2003 opened up new opportunities for competition in the water industry, by setting up a framework for licensed water suppliers to have access to water undertaker's networks, on either a retail or a combined supply basis.
- Under the provisions of the Water Industry Act 1991 (as amended by the Water Act 2003) and the guidance documents published by Ofwat, undertakers must follow a specific methodology in producing access prices.
- Here we present indicative access prices for both retail and combined supplies for the period 2010-11 to 2014-15. . These indicative prices were produced in November 2011 and reflect our cost base in 2011-12. They follow the methodology and format specified by Ofwat and are intended to give potential licensees a broad indication of likely prices for standard situations. To see the most recent methodology issued to companies in September 2011 please visit Ofwat's website http://ofwat.gov.uk
- Indicative prices are shown for the following volumes of water used by the customer; *5Ml, *25Ml, 50Ml and 500Ml/year.
- * Please note that these prices are only applicable once the relevant legislation has been passed by parliament.
- It is important to note that in any case-specific situation, the assumptions underlying the indicative prices (set out with the prices) may need to be adjusted, which may lead to differences between indicative and case-specific prices arising.
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