Written Question·Department for Environment, Food and Rural Affairs·UIN 120291

Water Companies: Finance

Tabled: 12 March 2026
Answered: 24 March 2026

Question

Barry Gardiner

LabourBrent West

To ask the Secretary of State for Environment, Food and Rural Affairs, what analysis her department has undertaken to assess whether using Regulated Capital Value to measure water company values provides the most accurate measure of their value.

Answer

Emma Hardy
Regulatory Capital Value was originally set with reference to the equity value and debt levels of each water and sewerage company at privatisation. It has been updated by the Water Services Regulation Authority (Ofwat) since and provides a proxy for the t...

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