The regulation of water services in the UK
Ian Byatt
Utilities Policy, 2013, vol. 24, issue C, 3-10
Abstract:
Water services in England & Wales were corporatized in 1974 and privatised in 1989. Quality regulators were appointed to ensure good quality of drinking water supplied and waste water discharged. An economic regulator, Ofwat was appointed to secure that water services were properly provided to customers and that they could be financed. The economic regulator was also charged to promote efficiency, enhance competition and protect customers. A similar body in Scotland was appointed in 2005, following corporatisation of water services in 1996 and the formation of Scottish Water as a Public Corporation in 2002.
Keywords: Privatisation; Investment; Environment; Metering; Competition; Ring-fencing (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:24:y:2013:i:c:p:3-10
DOI: 10.1016/j.jup.2012.07.003
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