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Water prices are set for a period of five years by the regulator, Ofwat While the remit of Ofwat is currently to promote competition, which it has chosen to do through the mechanism of Water Supply Licenses, there is considerable debate about how successful they can potentially be. 10 Southern Water Services Limited - Preliminary results for the year ended 31 March 2002 This note is included to comply with assurances given to OFWAT at the time of the acquisition of Southern Water plc to supply financial information for Southern Water Services Limited, the regulated business. |
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