The PRO9 water price review timetable is set by the regulator Ofwat. The table below shows milestones for price setting. The process has key inputs by government, the water companies, consumer groups and other stakeholders. A detailed timetable of activity is on the Ofwat website – see links below.
| 2007 | |
|
October - January (2008) |
Ofwat consults on its approach to the 2009 price review |
|
December |
Water companies submit their Strategic Direction Statements to Ofwat - looking ahead 25 years |
| 2008 | |
|
(Late 2007 -) March |
CCWater-led/ joint stakeholder research |
|
May |
Draft water resource management plans published for public consultation |
|
August |
Companies publish draft business plans and price proposals |
|
September - January 2009 |
Joint research is conducted by water companies, regulators and stakeholders into consumers' views on draft business plans |
| 2009 | |
|
April |
Companies publish final business plans and price proposals for 2010-2015 Water companies submit final water resource management plans to Secretary of State/Welsh Assembly Government |
|
July |
Ofwat publishes draft price limits for consultation |
|
November |
Ofwat publishes full price limits |
| 2010 | |
| April |
2010-2011 prices take effect |
| April - September |
Evaluation of price review process |
The table below has links to Ofwat's detailed timetables for each phase of price setting.
| Ofwat timetable
(detailed) |
|
| Phase 1 | October 2007 - March 2008 |
| Phase 2 | May 2008 - January 2009 |
| Phase 3 | February - November 2009 |
| Phase 4 | January – September 2010 |
