We are a non-ministerial government department. We were established in 1989 when the water and sewerage industry in England and Wales was privatised.
Ofwat is working with the UK and Welsh governments on the implementation of water reforms while strengthening our collaboration with partner regulators.
Until these new arrangements are in place, we will keep working hard to drive water companies to improve performance and deliver maximum value for customers, communities, and the environment.
Board
Executive
How we are funded
We are financed by licence fees that are recovered from the water companies.
We are accountable to Parliament for the money we spend. We also provide information, as requested, to:
- the Treasury
- the National Audit Office
- the Public Accounts Committee.
More detailed information is available in our annual report and accounts.