Thu, Oct 01, 2026
Text Size
Tuesday, 08 November 2016 09:46

Ofwat consults on Wholesale Retail Code

Water industry regulator Ofwat has launched a new consultation on the Wholesale Retail Code (WRC) which plays a key role in the regulatory framework for the new business retail market which opens next year.

The WRC has been developed through detailed consultation with the industry over a period of nearly two years and has been subject to change control by the Interim Code Panel (ICP) since August 2015.  It sets out the relationship between wholesalers and retailers and how the market will operate.

Ofwat is now consulting on the restructured WRC and is seeking feedback from respondents on whether any further changes are needed to the WRC before it comes into effect at Market Opening in April 2017.

The WRC applies to all Licensee and Appointees in England and Wales. Ofwat also intends to introduce a derogations process to relieve Licensees and Appointees from compliance with obligations in the WRC, if they can demonstrate to the regulator’s satisfaction are disproportionate in effect and unduly burdensome on the business.

Ofwat said the WRC consultation paper should also be considered together with its proposed policy on derogations.

Deadline for submission of responses to the consultation is Friday 16 December 2016.

Click here to access the consultation paper.

News Showcase

Sign up to receive the Waterbriefing newsletter:


Watch

Click here for more...

Login / Register




Forgot login?

New Account Registrations

To register for a new account with Waterbriefing, please contact us via email at waterbriefing@imsbis.org

Existing waterbriefing users - log into the new website using your original username and the new password 'waterbriefing'. You can then change your password once logged in.

Advertise with Waterbriefing

WaterBriefing is the UK’s leading online daily dedicated news and intelligence service for business professionals in the water sector – covering both UK and international issues. Advertise with us for an unrivalled opportunity to place your message in front of key influencers, decision makers and purchasers.

Find out more

About Waterbriefing

Water Briefing is an information service, delivering daily news, company data and product information straight to the desks of purchasers, users and specifiers of equipment and services in the UK water and wastewater industry.


Find out more