The table below shows the impact of these adjustments on average customer bills: A lot of long days and hard work. We are proposing a How we monitor the business retail market. Final proposed bill profile including Manchester and Pennines Resilience project. The bill impacts of these adjustments are relatively modest, and still enable us to propose a substantial reduction in bills in real terms over AMP7 as part of our business plan, which has received high levels of customer support.
We have applied PAYG rates broadly consistent with operating costs which includes infrastructure renewals expenditure as a proportion of totex for each price control. Choosing your water retailer. We will be hosting a webcast presentation for investors and analysts starting at Becoming a new supplier. Capital expenditure and RCV. The presentation can also be accessed via a live audio-only call facility by dialling:
We recognise the importance of dividends to our shareholders, however our United Utilities Group PLC dividend policy will not be decided by the Board and announced until we have received our final determination. Our full PR19 business plan can be accessed at the following link: We are proposing a Increases in customer numbers. We have significantly reduced leakage over the last 25 years and have met our leakage target for over a decade.
In many ways this has changed how we communicate and deliver services and is now embedded in how we run the business. This announcement and the associated presentation will be available at: We are excited about what it means for AMP7 and beyond and we are confident that this is a very high quality and ambitious plan, rich in content, with a compelling proposition of bill reductions and service improvements. Additional cost of delivering new environmental obligations and service enhancements.
Overall cost of debt RPI real. The table below shows how unites WACC is broken down: Water Industry Act cases. Capital expenditure and RCV. This target is stretching, but one that we think we have a good opportunity of achieving. The webcast can be accessed at the following link: We will be hosting a webcast presentation for investors and analysts starting at Lower base costs to maintain services, including reduced recovery of pension deficit payments. Delivering this for our customers will also mean that average bills will be around 14 per cent lower in real terms in than they were 15 years ago inwhilst service standards and environmental quality continue a path of significant improvement.
Robert Lee – Head of Investor Relations. Customer and developer services experience.
United Utilities Group PLC – PR19 Business Plan – Proactiveinvestors (UK)
Our plan proposes one significant resilience project that sits outside of the core total expenditure budget unuted ensure the resilience of potable water supplies to populations in Manchester and the Pennines. The webcast will be available on demand from Wednesday 5 September at the following link: Depreciation determined by RCV run-off and post depreciation.
A great team of committed people. These significant savings are achieved through ugilities applied in AMP6 and planned for AMP7, market testing our cost base and a better challenge of needs both internally and externally with our quality regulators.
United Utilities – Behind the scenes in developing a fast-track business plan
We are already benefiting from historical investment in capability and infrastructure and, in AMP7, we propose incentives through a Systems Thinking ODI for additional innovation and adoption of technology to create a clearly charted step change in capability.
In many ways, we are already leading the way for the industry in the areas of operational, corporate and financial resilience and our plan sets out how we intend to raise the bar even further. This mechanism provides scope for flexible acceleration in adopting new technology so it can improve service delivery to customers faster. This includes a small adjustment to the PAYG ratios p,an we have used to mitigate financeability constraints by keeping FFO to debt ratios above the minimum threshold during AMP7 on a notional company basis.
We have also made substantial contributions towards customer affordability schemes out of shareholder funds. We were also very aware of our business, in a region with some of the highest levels of deprivation in the country, to provide support for those struggling to make ends meet.
United Utilities Group PLC (LON:UU.)
United Utilities Water Limited has today submitted its business plan covering the period. This is consistent with the approach we adopted at PR14 although the adjustment required for AMP7 is significantly lower than the amount advanced in AMP6.
These include significant reductions in leakage, sewer flooding, and supply interruptions, as well as further developments in our industry leading pollution performance and integrated catchment management approach. Search the Ofwat site.