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Ofwat
/ ˈɒfˌwɒt /
noun
- Office of Water Services: a government body set up in 1989 to regulate the activities of the water companies in England and Wales, and to protect the interests of their consumers
Example Sentences
In July, Ofwat confirmed it had served formal notices and opened an enforcement case against Welsh Water and three other companies into how they managed waste water treatment works and networks.
The company, he said, planned to spend £4bn between 2025 and 2030, with £100m on improvement and maintenance in Pembrokeshire, subject to Ofwat approval.
Ofwat and water firms have been locked in tense negotiations over how much they will be able to charge for the five years from April next year.
Ofwat said it would "fully consider" the findings from the CCW research.
In July, Ofwat provisionally said bills would rise by an average of £19 per year between 2025 and 2030 - totalling a £94 increase, or a 21% rise, over that five year period.
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