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Draft determinations for blind-year reconciliation
2nd Oct 2025 07:00
RNS Number : 7065B
Water Services Regulation Authority
02 October 2025
Ofwat publishes draft determinations for blind-year reconciliation 2024-25
Ofwat has today published its draft determinations to adjust water companies' revenue and Regulatory Capital Value adjustments to reflect:
· the difference between companies' actual and forecast performance for 2024-25 on their PR19 reconciliation mechanisms; and
· the correction of unambiguous errors identified after the 2024 price review final determination.
The draft determinations are subject to consultation until 20 October 2025.
Further information can be found at: https://www.ofwat.gov.uk/regulated-companies/price-review/2024-price-review/blind-year-reconciliation-for-2024-25/blind-year-reconciliation-for-2024-25-draft-determinations
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