Stocks of real incomes are companies safe water. At privatization in 1989, quoted a fair water and sewerage companies in England and Wales, irrespective of pure water of small suppliers, whose actions in a large hall. Years and has agreements with a number 1004. Hundreds of thousands of investors in these. First, drought is not necessarily good news for them. Or bad. Private industry source said that their fear of looking over the water shortage has been exaggerated. The industry is much more efficient than the last real long drought in 1995, and reservoirs have been built.
The lack of rain, therefore, benefit those with more water meters installed between your customer base. The most advanced in the southwest of the Water Group, owned by Lennon, with a penetration of 71 per cent of meters. However, do not seem to make a big difference. People that are measured tend to avoid waste and therefore limiting their outtake.
The other important issue to discuss in the abstract, which includes the exercise, the impact of the terrible winter weather. The tubes have appeared many targets for waste water can be lost by several companies.
The interesting thing about the round of the results is that it is the first under the new pricing regime five years set by Ofwat, the regulator. This increases the price limits on the rate of inflation and use the figure of last November from 4.7 per cent for the current year, plus or minus percentage. South-west, for example, more than 1.9. At the other end of the scale, Severn Trent was at least 0.6, so the increase in prices will slow inflation.
The real problem facing the industry is how Ofwat intends to introduce competition into what is now the regional monopolies. This is an issue, the proposals of the regulator, in its simplest form, it would break the water companies on the sides "wholesale" and "minor." These would still be part of the same company and may even explain, in general, the financial results of the joint report.
No comments:
Post a Comment