The findings of the research described in this paper are that there were significant errors made in the setting of water charges in 2002-06 in Scotland, such that there was substantial overcharging of customers. This will continue at a lesser extent over the period 2006-10. The amounts involved are large: total overcharging in cash terms is likely to be at least £650 million cumulatively over the eight year period from 2002 to 2010, and could well be close to £1 billion. This affects both households and businesses in Scotland.
|Number of pages||11|
|Journal||Quarterly Economic Commentary|
|Publication status||Published - Mar 2006|
- Fraser of Allander Institute
- Scottish economy
- utility pricing
- water charges