Cambridge Economic Policy Associates (CEPA) has been commissioned by two UK regulators, Ofwat, the economic regulator for water and wastewater services for England and Wales, and the Civil Aviation Authority (CAA), the economic regulator of British airports, to undertake a study of potential approaches to setting the allowed cost of debt. This report was commissioned to assist both regulators in determining whether, and how, to change their approach to setting the cost of debt in the forthcoming price control determinations (Ofwat’s PR19 and the CAA’s H7) and for any runway capacity determinations in aviation.
- Status:
- Current
- Review comment:
- -
- Version:
- 1
- Version date:
- 13-Jun-2017
- View file:
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