Cost Change Draft Determination

Pennon

13/08/2026 07:04

RNS Number : 4622Q
  
Pennon Group PLC
  
13 August 2026
  
 


13 August 2026
Cost Change Draft Determination
 
Ofwat has this morning published its Draft Determination in respect of the Cost Change submissions made in May 2026.
We welcome Ofwat's draft determinations for Pennon Group which confirm that they will allow £190 million1 of additional investment for FY27/28 through to the end of AMP 8. The draft determinations reflect the core business cases we proposed and the strength of our submissions.
We will review the draft determinations in detail and we look forward to a constructive dialogue with Ofwat ahead of responding with our representations by the due date of 24 September 2026.
1 In 2022/2023 prices 


For further information, please contact:


Pennon Group plc                   

James Found    Head of Investor Relations              +44(0)7970 066 634         
Media enquiries                      

Michael Turner   FGS Global                                     +44(0)207 251 3801

Harry Worthington                    
 
 




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