Ofwat is the independent economic regulator of the water and sewerage industry with responsibility for setting prices and ensuring we carry out and finance our business properly.
Ofwat sets prices at the beginning of a five-year cycle called Asset Management Plan (AMP) periods and prices are based upon submissions from companies detailing how much it will cost to deliver their business plans. Read our latest Business Plan.
Each year, every water company sends Ofwat a detailed breakdown of its performance. This is then used to monitor and compare companies' performances. Read our latest Annual Review Summary.