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South East Water, Wessex Water, and Yorkshire Water have all confirmed they have accepted Ofwat’s final determinations.
The three water companies each told Utility Week that they will join the majority of the sector in accepting the final determinations from the regulator ahead of the 12 February deadline.
“We have looked at this carefully and on balance we have decided that it is in our customers’ best interests to focus on delivering the required performance for the period 2015-20,”South East Water said.
Meanwhile, Southern Water said it will not make an announcement until Thursday (12 February) on whether it is going to accept the price control, but it is expected to do so.
Bristol Water remains the only company that has rejected the final determination, and the case is set to be referred to the Competition and Markets Authority by Ofwat.
The water-only company attacked Ofwat’s approach to the price review, accusing the regulator of using “flawed modelling”.
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