TITLE

Lower cost of capital 'should mean bill cuts'

PUB. DATE
June 2009
SOURCE
Utility Week;6/19/2009, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the proposal by the Consumer Council for Water (CCWater) for a lower cost of capital than the water companies in Great Britain have asked for. This proposal is aimed at offsetting bill increases in the next price review. CCWater pointed to a report for the consumer watchdog, consultancy Fathom which said that water utilities would be able to obtain capital over the next five years at 2.35-3.40 per cent, up to 50 per cent lower than the 4.9 per cent average proposed by water and sewerage companies.
ACCESSION #
43182216

 

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