Benchmarking water retail cost efficiency in England and Wales

Privatised water companies in England and Wales are subject to economic regulation by the industry regulator (Ofwat). Ofwat sets 5-year caps on the prices companies can charge their customers. These caps are in part based on the benchmarking of companies’ costs. Ofwat has not previously used econome...

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Bibliographic Details
Main Authors: Sam Williams, Christopher Pickard, Karligash Glass, Anthony Glass
Format: Default Article
Published: 2020
Subjects:
Economics
Applied Economics
Other Economics
Bad debt costs
Dual service (water and sewerage) customers
Single service (water / sewerage-only) customers
Frontier models
Periodic price caps
Online Access:https://hdl.handle.net/2134/12582770.v1
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https://hdl.handle.net/2134/12582770.v1

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