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 2009-10 to 2013-14. These indicative prices were produced in December 2009 and reflect our cost base in 2008-09. 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.
- 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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