Board Statement of Assurance and Statement of Significant Change
Bournemouth Water’s Board recognises the importance to the regulatory process of providing reliable, accurate and complete information, and also understands that it is under a duty to comply with legal and regulatory requirements in accordance with the terms of the Water Industry Acts 1991, 1999 and 2003, 2014 and in relation to its licence to operate. The Board’s Statement of Assurance on the tariff development process can be found below.
Statement of Assurance
The Board and Bournemouth Water’s management also recognise the importance of ensuring that when tariffs are set, unacceptable or unaffordable incidence impacts on particular classes of customer are kept to a minimum. The statement below details how the company’s Board has satisfied itself that the 2016/17 tariffs that will come into effect on 1 April 2016 do not impact any class of customer inappropriately or disproportionately, and any actions it will take.
Statement of Significant Change
2016/17 Wholesale Charges Scheme
Bournemouth Water’s powers to charge for water supplies are contained in the Water Industry Acts. Charges are set in accordance with revenue control limits determined by Ofwat. To comply with Condition E of our licence to operate, charges must not show undue preference to, or discriminate against, any class of person.
Under the terms laid down by Section 143 of the Water Industry Act 1991 and Ofwat’s 2014 Price Review, incumbent regional monopoly water supply wholesalers are required to publish separate charges for the wholesale and retail activities of their business.
Our Wholesale charges scheme for 2016-2017 may be found on the link below along with our Wholesale standard schedule. Our retail charging policies and charges for end-users, both household and non household, (customers of Bournemouth Water’s incumbent retailer) are described in our Water Charges 2016-2017 publications, the links for which are also shown below.
Wholesale charges scheme
Wholesale standard schedule
Household water charges 2016-2017
Non household water charges 2016-2017