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Media centre
Launching the report Director General Philip Fletcher said: "The review of price limits for 2005-10 has dominated our workload this year. I consider the limits I set are as high as they needed to be but no higher, in order to protect the interests of customers of monopoly service providers. An increase in price limits is necessary to allow the companies to maintain the progress in service quality and performance that has already been achieved and to make the further advances required." Looking ahead Mr Fletcher said the focus would continue to be on: · Protecting customers' interests by monitoring the performance of the water companies. · Working with the water industry, government and fellow regulators to eliminate unnecessary regulation; and · Finalising the competition framework that will allow new suppliers to enter the market to supply large-scale users where they can make a difference. Notes to Editors: 1. The Director General of Water Services is the economic regulator of the water and sewerage companies in England and Wales. He exercises his powers in a way that he judges will allow them to carry out their functions properly, and finance them. 2. A copy of the 'Annual Report of the Director General of Water Services 2004-05' will be available from the Ofwat website, www.ofwat.gov.uk, or from the Ofwat Library on 0121 625 1373. MEDIA ENQUIRIES TO OFWAT PRESS OFFICE ON: 0121 625 1416/1496/1442 Out of hours enquiries to pager: 08700 555 500 water 503/509 or 07768 456646.Ofwat publications and press notices can be found on Ofwat's website at: www.ofwat.gov.uk  | ||||||
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