Response to Water Company Performance report
Responding to the publication of the annual Water Company Performance and Monitoring Financial Resilience reports, by the economic regulator Ofwat, Christine McGourty, Water UK Chief Executive, said:
“There are areas of good performance right across the sector, but this report clearly shows there’s more to do for water and wastewater companies to meet the stretching targets of the regulators, as well as the high expectations of the public.
“It’s good to see that nearly every company has met its target on leakage reduction with an ambitious industry-wide plan in place to cut leaks by 50% by 2050.
"Water companies will continue to work with Government and the regulators to ensure we enable the levels of investment needed to improve our infrastructure and protect the environment, while maintaining value for money for customers.”