{"id":1344,"date":"2016-01-13T07:01:24","date_gmt":"2016-01-13T00:01:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-households-overpaying-for-water-supply-due-to-regulator-miscalculation\/"},"modified":"2016-01-13T07:49:48","modified_gmt":"2016-01-13T00:49:48","slug":"uk-households-overpaying-for-water-supply-due-to-regulator-miscalculation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-households-overpaying-for-water-supply-due-to-regulator-miscalculation\/","title":{"rendered":"UK households overpaying for water supply due to regulator miscalculation"},"content":{"rendered":"


\nOfwat consistently overestimated suppliers\u2019 financing and tax costs when setting price limits, say MPsUK households have been paying too much for their water supply because the industry\u2019s regulator which was set up to protect consumers has consistently miscalculated price limits, according to a highly critical report from MPs.Ofwat, the body set up to regulate the privatised industry, has overestimated the costs and financing of water companies when carrying out its statutory duties, the public accounts committee has concluded. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK households overpaying for water supply due to regulator miscalculation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ofwat consistently overestimated suppliers\u2019 financing and tax costs when setting price limits, say MPsUK households...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-1344","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-lG","jetpack-related-posts":[{"id":75497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/switching-energy-supplier-heres-what-you-can-save\/","url_meta":{"origin":1344,"position":0},"title":"Switching energy supplier: here's what you can save","date":"December 30, 2017","format":false,"excerpt":"\r Moving provider is easy \u2013 and it can save you hundreds of pounds. 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