Business
Draft Determination for United Utilities
Draft Determination for United Utilities.
About this update from United Utilities Group Plc
[{"type":"text","content":"\n \nRNS Number : 8953V United Utilities Group PLC 11 April 2019 \n\nUnited Utilities Group PLC\n11 April 2019\n \nDRAFT DETERMINATION FOR UNITED UTILITIES \n \n \nIn line with the price review timetable, Ofwat has today published the draft determination for United Utilities Water (UUW) covering the period 2020-25. \nThe draft determination sets out Ofwat's initial determination of the required costs and service targets for UUW in the next regulatory period. UUW is reviewing the draft determination and will respond to Ofwat by the due date of 24 May 2019.\nIn Ofwat's initial assessment of company business plans, we were pleased to have achieved fast-track status and to have received the highest grades overall for the sector. Ofwat commended our plan in many areas including customer engagement, affordability and vulnerability, resilience, innovation and confidence and assurance. \nWe look forward to working constructively with Ofwat through to publication of the final determination on 11 December 2019.\nFor further information, please contact:\n\n\n\n\n\n\n\n\n\n\n\nGaynor Kenyon - Corporate Affairs Director\n\n\n+44 (0) 7753 622 282\n\n\n\n\nRobert Lee - Head of Investor Relations\n\n\n+44 (0) 7500 087 704\n\n\n\n\nGraeme Wilson - Tulchan Communications\n\n\n+44 (0) 2073 534 200\n\n\n\n \nLEI 2138002IEYQAOC88ZJ59\nClassification - PR19 Draft Determination published\n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END MSCIBMPTMBTBMIL\n ","length":3618,"tagName":"div"}]