FAQs

The British Water and Waste Market Report is a comprehensive study of  the British water and waste markets.

This report provides insight into this market and its structure of both British and foreign ownership. In the year 2005 the total revenue for water and waste in the whole of the United Kingdom was £8.5 billion. The water sector now consists of 10 water and waste companies and 12 water only companies. Four companies account for 48% of water and 52% of waste. While British-owned companies are still strong Foreign investors such as Veolia, RWE, Ondeo and YTL have significant shares and Agbar and Macquarie.

The report outlines the price review and financial aspects, including capital expenditure. Water prices are set for a period of five years by the regulator, Ofwat. The next price control period runs from 2005-06 to 2009-10. The British water companies have already invested £50 billion in improvements and upgrades of the systems to meet EU directives and will invest a further £17 billion by 2010.To accommodate this, the regulator has agreed an increase in prices in the next period averaging 3.2% annually and starting with 9.6%.

The report reviews current conditions in the water sector with particular reference to the droughts of 2005/06 and the possible effects in future water measurement. In 2005-06 severe droughts have brought restrictions although not as bad as were feared earlier in the year. At present only 26% of households are metered with the rest paying through local rates, but this is likely to increase with water scarcity. There is wide variation in leakage rates, with two companies accounting for 17% of leakage.

The British Water and Waste Utility Market Report is essential to gain a complete understanding of these fast changing markets.

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For more information on the rest of the topics we cover within the water and waste market please go to our water and waste market research page.