The regulator’s decision envisages that Sutton and East Surrey Water’s average domestic water bill will reduce by 3% from the current £186 a year to £180 a year (before inflation) by 2019/20.
As part of the review process, the Company will now consider whether to accept Ofwat’s decision, or ask for it to be referred to the Competition and Markets Authority to make an independent, final decision on what the levels of customers’ bills should be from 2015 – 2020.
A copy of Ofwat’s final determination can be found here