Written Question·Department for Environment, Food and Rural Affairs·UIN 71785

Water Companies

Tabled: 29 August 2025
Answered: 8 September 2025

Question

Helena Dollimore

Labour (Co-op)Hastings and Rye

To ask the Secretary of State for Environment, Food and Rural Affairs, what estimate his Department has made of the total value of UK water companies.

Answer

Emma Hardy
Ofwat’s independently set Regulatory Capital Value (RCV) was £99.3 billion in 2024 and is £106.7 billion in 2025. RCV is recognised as the best proxy for the sector’s “enterprise value” – encompassing equity and debt.