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Name | Symbol | Market | Type |
---|---|---|---|
Severn T.6e% | LSE:83NL | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 100.525 | 98.50 | 102.55 | 0 | 01:00:00 |
RNS Number:4723R OFWAT 14 February 2002 PN 11/02 14 February 2002 OFWAT PUBLISHES PROPOSALS TO ALLOW SEVERN TRENT TO SUPPLY CUSTOMER IN WESSEX WATER'S AREA Ofwat is consulting on changes to the licences of Severn Trent Water and Wessex Water. Wessex Water currently supplies water and sewerage services to Bowyers, part of Northern Foods, located at Trowbridge, Wiltshire. The licence change would give the customer the choice of allowing Severn Trent Water to supply services at this site. However, following the consultation, it would be for Northern Foods to decide whether to go ahead and change supplier. Michael Saunders, Director of Consumer Affairs, said: "We would like to see more business customers following Northern Foods' example and finding out what other suppliers can offer them." Comments about or objections to the proposal should be sent in writing to Beryl Brown, Head of Competition Policy, Office of Water Services, Centre City Tower, 7 Hill Street, Birmingham, B5 4UA or faxed to her on 0121 625 1379 before 5pm on 14 March, 2002. NOTES TO EDITORS 1. Philip Fletcher, the Director General of Water Services (the Director), is the economic regulator of the water and sewerage services in England and Wales. His primary duty is to ensure that the functions of the companies are carried out and that they are able to finance them. The Director has a duty to customers and a duty to facilitate competition. Customers' interests are represented by ten independent Customer Service Committees, established and maintained by the Director and, at a national level, by the Ofwat National Customer Council. 2. Details of the proposals published today under the Water Industry Act 1991 section 8(3) are attached. 3. Certain classes of customer are currently able to choose their water or sewerage supplier through the inset appointment system. They are: • Those using large amounts of water - not less than 100 million litres of water a year. • Those not served by an existing undertaker. This includes areas that may be presently supplied by private suppliers' as well as unconnected sites. • Where the existing water company agrees to change its boundary or allow part of its area to be transferred to another water company. MEDIA ENQUIRIES TO OFWAT PRESS OFFICE ON: 0121 625 1416/1425/1345 Out of Hours calls to: 0345 345100, Pager 509 or 503 Ofwat's home page on the Internet is at: http://www.open.gov.uk/ofwat/ This information is provided by RNS The company news service from the London Stock Exchange
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