ABOUT US OUR CORE BUSINESSES INVESTOR INFORMATION SUSTAINABILITY MEDIA CONTACT US SEARCH Price Review (PR19) You are here: Home/Investor Information/Price Review (PR19) Price Review 2019 About PR19 The 2019 ‘Price Review’ for water companies in England and Wales is a process led by Ofwat to determine prices for the period 2020-2025. As part of this process all companies were required to work with their customers to produce a business plan for 2020-2025 setting out what they intend to deliver for customers and the environment. South West Water submitted its five-year business plan to Ofwat in September 2018, following its biggest ever customer consultation, which showed a public approval rating of at least 88% for the plan and received the support of the independent WaterFuture Customer Panel. To view these documents and for more information click here. Fast Track status On 31 January 2019 Ofwat published their initial assessment of each company’s plan, categorised according to the level of quality, ambition and innovation they demonstrated. Chris Loughlin and Susan Davy hosted a webcast and interactive Q&A on 1 February 2019 providing an overview of what fast-track status means for South West Water which can be accessed here. Final Determination Following detailed review and careful consideration, South West Water confirmed its acceptance of the Final Determination which was published by Ofwat on 16 December 2019. Importantly for customers, by 2025 South West Water bills will be lower than they are today, and lower than they were 15 years earlier. South West Water’s Final Determination also includes; a totex allowance of c.£2bn (wholesale and residential retail) - consistent with South West Water's Draft Determination in April 2019 a suite of outcome delivery incentives reflecting the priorities of our customers an innovative customer sharing mechanism - WaterShare+ which offers customers a tangible stake and a greater say in the business. Investor Summary An investor document summarising the key metrics from Ofwat’s Final Determination can be accessed here. Results, Reports and Presentations 2020/21 Financial Statements RNS Announcements Acquisition of Bristol Water Return of capital to shareholders Green Recovery Share Price Information Financial Calendar Dividends Shareholder Services Pennon Capital Markets Events Price Review (PR19) Sustainable Financing Framework WaterShare+ Disposal of the Viridor Business OUR CORE BUSINESSES Go to South West Water website QUICK LINKS About Us Our Latest Pennon News Our Group Tax Strategy Our Board of Directors Our History Contact Us Supplier Terms and Conditions INVESTOR LINKS Annual Report 2021 Online Annual Report 2021 Share Price Financial Calendar Reports and Presentations Shareholder Services STAY IN TOUCH +44 (01392) 446677 Follow us on twitter Sign up for email alerts © Copyright 2021. Delivered by Investis Privacy Policy Cookie Policy Terms and Conditions Copyright Accessibility Site map We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.View our Cookie Policy Accept Cookies Cookie Settings