Business
United Utilities 2019 Price Review Update
United Utilities 2019 Price Review Update.
About this update from United Utilities Group Plc
[{"type":"text","content":"\n \nRNS Number : 2901Z United Utilities Group PLC 14 December 2017 \n\nUnited Utilities Group PLC\n14 December 2017\n \nUNITED UTILITIES 2019 PRICE REVIEW UPDATE\n \nOn 13 December 2017, Ofwat published its final methodology for the 2019 price review (PR19) in which it sets out its expectations and requirements for companies preparing their business plans to meet the needs of customers from 2020 to 2025 and beyond. This represents a further evolution of Ofwat's Water 2020 framework and the PR19 methodology consultation published earlier this year.\n \nUnited Utilities has been actively engaged in the development of this approach, contributing across the full range of working groups and providing detailed proposals in key areas. We support Ofwat in developing a progressive framework of regulation in the sector. We believe that our strong track record of operational performance and service delivery, leading environmental performance, innovative approaches to customer service, and recognised strengths in transparency and reporting provide a strong underpin for our business plan.\n \nWe are advanced in our plans for PR19, informed by extensive engagement with customers regarding their needs and priorities. In May 2018, we will provide early evidence on company specific factors affecting our wholesale and retail operations in the North West ahead of our final business plan submission in September 2018.\n \nWe will provide a further update via a webcast presentation to investors and analysts at 2.00pm on Thursday 14 December 2017. The webcast can be accessed using the following link:\nhttp://event.on24.com/wcc/r/1564096-1/468F737F682DFE7F16842411935B001C\n \nA live listen in facility can be accessed by dialling:\nUK toll: +44 (0) 333 300 0804 / UK toll free: +44 (0) 800 358 9473\nParticipant PIN: 06817461#\nFor international dial in numbers:\nhttp://events.arkadin.com/ev/docs/NE_W2_TF_Events_International_Access_List.pdf\n \nThis announcement and the associated presentation will be available on the day at:\nhttps://www.unitedutilities.com/corporate/investors/financial-news/latest-financial-news/\n \nAn audio recording of the event will be available for 90 days and can be accessed by dialling:\nUK toll: +44 (0) 333 300 0819 / UK toll free: +44 (0) 800 358 2049\nAccess code: 301213810#\nFor...