Water Prices: Memorandum to House of Commons Environment, Food and Rural Affairs Committee

The water periodic review currently under way has raised substantive issues about the nature of the regulatory regime, as well as the appropriateness of proposed price increases, and its impact on current and future customers. This memorandum summarises the causes of the proposed price increases for the period 2005-10, and considers the consequences of the flight from equity which has followed the 2000 periodic-review outcome. A number of recommendations for the conduct of the current review and the future regulation of the water industry are made.

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