Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who agrees the price changes?

April 26, 2017agrees changes price

0

Posted

Who agrees the price changes?

1 Answer

0

Posted

Ofwat determines companies’ price limits, which the companies then implement: they are the amount by which charges can change in relation to inflation. Ofwat sets companies’ price limits based on the information provided by companies in their Business Plans. The information includes the overall business strategy and investment plans for the five-year period of the price review.