TITLE

Sutton's price hike appeal rejected

PUB. DATE
June 2009
SOURCE
Utility Week;6/26/2009, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the Competition Commission's rejection of an appeal filed by Sutton and East Surrey Water for an increase in its prices in 2009/10 due to higher power prices and lower demand. The company previously submitted a substantial adverse effect claim to Great Britain's Office of Water Services (Ofwat) to raise its prices by 10.2% but was rejected. According to the commission the company's financial problems would not hinder its operations or long-term survival.
ACCESSION #
43182277

 

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