Water regulator publishes its annual report for 2010-11
06 June 2011
WATER REGULATOR PUBLISHES ITS ANNUAL REPORT FOR
The Water Industry Commission for Scotland
(WICS) today launches its annual report, outlining the regulator’s achievements
in obtaining best value for water and sewerage customers in Scotland.
As the report highlights, 2010-11 has been a
good year for the Scottish water environment and for customers of water and
sewerage services. In particular, prices have now been frozen for two years
running at a time when customer service is at its highest level ever and
Scottish Water is delivering a major investment programme. Leakage is also down.
Looking ahead, further improvements in customer service are expected and the
Commission’s final determination set prices below inflation for the period 2010-15.
Alan Sutherland, Chief Executive of WICS, said:
“Scottish Water continues to improve and the
benefits are now being felt: household customers are currently enjoying a
second year of their charges being frozen. This is particularly welcome at a time
of increased inflation and many other pressures on household budgets.”
The report notes that Scottish Water is
responding well to the targets and incentives set by the regulatory framework. Sir
Ian Byatt, Chairman of WICS, commented:
“The regulatory regime has helped Scottish Water
to be an increasingly responsive and efficient company. It has successfully
delivered a large and challenging investment programme to improve environmental
and water quality while dramatically improving levels of service to customers.
“We want now to focus regulation increasingly on
the outcomes delivered to customers and to the environment, and have agreed a
timeline and process for the next price review that allows much more
substantial input from customers than in previous reviews. We have also
developed a simple ready-reckoner to show the consequences of expenditure by
Scottish Water for customers’ bills. This will be linked to a reduction in the
detail of regulatory information that we require.”
To see the Annual Report in full visit http://www.watercommission.co.uk/view_Annual_reports.aspx
For more press information please contact: Duncan
Mackenzie-Reid College Hill, 020 7457 2020 or on mobile 07807 239 764/07792 918
648 [email protected]
Katherine Russell, WICS’ Director of Corporate
Affairs, 01786 430 200
Notes to editors:
WICS is the economic regulator of the Scottish water industry. It has a
statutory duty to determine charge caps for Scottish Water based on the lowest
overall reasonable cost of achieving the Scottish Government’s objectives for
the water industry.
WICS published its final determination of charges for the current
regulatory control period, 2010-15, in November 2009. A copy of the
determination is available at http://www.watercommission.co.uk/view_Determination.aspx
Sir Ian Byatt, Chairman of WICS, is standing down at the end of this
month, along with two Commission members, Professor John Banyard OBE and Mike
Brooker. The new Chairman, Professor Gordon Hughes, will take up post on 1
The Annual Report notes that the Commission managed to reduce its own
operating costs substantially during 2010-11, through savings in staff
salaries, travel and subsistence, and consultancy costs.
The Commission has moved offices. Its new address is: WICS, First Floor,
Forthside Way, Stirling FK8 1QZ. Telephone:
+44 (0)1786 430200. Fax: +44 (0)1786 430233.