Unlocking Opportunities in AMP8: Skewb’s Strategic Response to Regulatory Reporting Demands
As the UK water industry enters AMP8, water companies are facing the most significant uplift in reporting obligations to date. A recent analysis of the AMP8 regulatory environment and PR24 Final Determinations undertaken by Ben Evans has revealed a clear picture: water companies are under increasing pressure to deliver real-time, auditable performance reporting, whilst managing ageing infrastructure, financial constraints, and low digital maturity.
What We Did
Over the past 6 weeks, a comprehensive analysis has been conducted including a detailed review of the AMP8 reporting landscape. This included:
- Analysis of Ofwat’s PR24 determinations
- Detailed assessments of the reporting burden shift from AMP7 to AMP8
- Financial impact reviews, particularly for challenged companies like Southern Water
- Development of a tailored digital solution wireframe and reporting enablement stack
Our Key Findings
Reporting Complexity Has Doubled
The AMP8 regulatory period introduces a 75% increase in reporting obligations compared to AMP7, alongside stricter financial and performance scrutiny under Ofwat’s PR24 determinations.
Water companies must now report across 20+ performance domains, including new metrics for resilience, customer vulnerability, and incident response.
Data Fragmentation Is a Barrier
Most companies lack integrated data architecture, leading to duplication, inefficiency, and compliance risks.
Funding Gaps Are Acute
Funding shortfalls, for example, directly impacts the Water companies ability to deliver required performance improvements and resilience outcomes.
Digital Maturity Is Low
Over 60% of UK Water companies are currently rated as medium-to-high risk for digital maturity, with legacy systems, fragmented datasets and manual reporting processes severely limiting compliance capabilities.
Opportunity for Skewb
The analysis undertaken has directly informed the opportunities to develop an offering to support Water companies via a potential Skewb Reporting Enablement Stack, consisting of a modular solution that brings together:
- Centralised data flows across asset, customer, and incident domains
- Automated PR24 reporting tools and dashboards
- Custom resilience and ODI/PCD performance tracking
- Managed compliance services and long-term strategic consultancy
Such potential tailored service offering and platform architecture would be built to reduce manual reporting effort, improve audit readiness, and provide a single source of truth for operational and regulatory performance.
What’s Next
Further analysis is to be undertaken to assess the individual maturity of each UK water company before identifying opportunities for engagement with water companies to deliver short, sharp discovery sprints that identify immediate opportunities for automation, compliance uplift and data alignment. As PR24 ramps up and the industry readies for PR29, our role is clear, enable clarity, reduce burden, and support the long-term success of our clients and the industry.
By Ben Evans
Ben Evans is Head of Delivery at Skewb. To speak with him about this topic in more detail, you can connect with him on LinkedIn.