Use of econometric models for cost assessment at PR19
This report sets out recommendations on the use of econometric models for wastewater cost assessment in England and Wales. The work extends previous inter-disciplinary analysis by Vivid Economics and Arup on the causal factors of efficient wholesale wastewater costs, and produces a recommended suite of models based on these factors. The report combines a diverse set of engineering and statistical evidence to provide fresh insights into subservice cost modelling and regulatory efficiency benchmarking.
This report is the second part to this project. The first report can be found here.
- United Utilities
- Practice areas