WICS responds to Scottish Government's proposals on economic regulation
28 February 2013
WICS responds to Scottish
Government's proposals on economic regulation
John Swinney, Finance Minister, today published a discussion document on the
approach to economic regulation were Scotland to vote for
The future of economic regulation in Scotland is a matter
for government. However, WICS welcomes the recognition in Mr Swinney’s
announcement of the strength of the regulatory framework in Scotland’s water
industry which has empowered Scottish Water to deliver real benefits for
Scotland’s consumers and businesses, and for Scotland's environment. We are
confident that the regulatory framework in water could provide a strong
platform on which to build.
Alan Sutherland, CEO of the Water Industry Commission for Scotland said:
"If the Scottish Government were to decide to establish a multi-utility
regulator, WICS could represent a useful foundation given its experience in
regulating Scottish Water efficiently and effectively."
For more press information please contact 01786 430 200.
Note to editors:
The Water Industry Commission for Scotland is the economic
regulator of the Scottish water industry. It promotes the interests of water
and sewerage customers by making sure they receive a high-quality service and
value for money.
It does this by: setting prices, monitoring Scottish Water’s
performance, and facilitating competition in the water industry.