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Ofwat has confirmed that water companies have submitted their business plans for the period 2015 – 2020.

Ofwat will now analyse and challenge companies’ plans – and proposed bill changes - to make sure customers get the right level of service for the right price, while ensuring companies can raise finance to continue to invest in the sector.

Jonson Cox, Ofwat’s Chairman said:

“Ofwat challenged companies to listen carefully to their customers in preparing their plans. Our board made clear that current economic circumstances gave companies an opportunity to deliver falling bills in real terms over the coming five years while maintaining substantial ongoing investment. ”

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