Water bills raise cashflow concern

May 2009
Utility Week;5/22/2009, p24
Trade Publication
This article reports on changes proposed by the Water Industry Commission for Scotland (WICS) regarding the way water retailers pay for their bulk water supply from Scottish Water to avoid cash flow problems for licensees. The proposal would allow a company with an A-grade investment rating to act as a guarantor for wholesale charges. The commission claims that the changes would prevent prepayment cash flow pressures from becoming a barrier to entry.


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