The Water Services Regulation Authority, or Ofwat, is the body responsible for economic regulation of the privatised water and sewerage industry in England and Wales. Ofwat is primarily responsible for setting limits on the prices charged for water and sewerage services, taking into account proposed capital investment schemes (such as building new...
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http://en.wikipedia.org/wiki/Ofwat
The UK regulator of the water industry...
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Acronym for Office of Water Services, a regulatory body in the UK that supervises the privatized water companies. It was established under the Competition and Service (Utilities) Act 1992, as a...
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http://www.encyclo.co.uk/local/20688
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