Consultation on the PR24 cost change process and proposed licence modifications

Consultation on the PR24 cost change process and proposed licence modifications

Published date: November 20, 2025
Closing date:

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About Consultation

This consultation sets out how we are intending to implement the cost change process, and our proposal to modify Condition B to allow us to include the cost change process interim determination mechanism.

We are also proposing to modify Condition B to change the deadline for the determination of in-period outcome delivery incentives (ODIs) from 15 November to 15 December and to modify the definition of “Reference Notice” in Condition A of South East Water’s licence to correct an error in the cross references to Condition B following the introduction of the DPC licence provisions last year.

The consultation closed on the 1 September 2025.

Final documents

The cost change process webpage containing guidance document, data tables, definitions and the model is available here.

Supporting documents