An easy to use A to Z of some of the most commonly used terms used throughout the water industry.
| A | B | C | D | E | F | G | H | I | J | K | L | M |
| N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
K factor
The annual rate by which each licensed water company can increase its charges annually on top of inflation. The K factors are set by Ofwat at a price review, for the next five years. Companies can defer K, and both Ofwat and companies can seek interim adjustments of price limits between price reviews.
