Photo: Scottish Water
The Water Industry Commission has today published its Final Determination for Scottish Water. It challenges Scottish Water to improve its efficiency further and deliver all of the charging and revised investment objectives of the Scottish Government.
Over the five-year period 010-2015 charges will rise by 5% below the rate of inflation. Householders will enjoy a price freeze in the first and probably second year depending on actual inflation. Capital investment will be £2.53 bn an increase of £150m over the draft determination.
The outcome has been welcomed by Scottish Water and underwrites continuing massive investment with the consequent opportunities for suppliers. It bodes well for future prospects.
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