Companies are starting to consider potential impacts of water market reforms, including upstream reform, water trading and the implications of totex and outcomes. But the more immediate concerns still centre on the PR14 price review. Putting together a multi-billion pound, five-year plan to submit to the regulators touches almost every area of the business and its people and requires significant effort to coordinate and manage.
Baringa’s water specialists have helped clients develop regulatory submissions and price control responses that also provide the necessary insight to refocus business models around delivering results against customer outcomes. We help clients engage with regulators to shape the market, understand the implications of reform and build both a theoretical framework and an asset management plan in response.
Our work draws on our consultants’ extensive experience of the regulatory and reform process in the energy markets, as well as in-depth understanding of the water industry. Our team includes regulatory economists who can conduct advanced industry modelling and analytics for forward planning, as well as consultants with hands-on experience of delivery at major water companies. We take a holistic approach to all our projects, fitting together all elements from conception to delivery.