Advice to CAA on BAA’s Forecast of Utility Costs

IPA are providing consultancy advice to the Economic Regulation Group of the CAA in connection with the CAA’s airports price control review for Heathrow and Gatwick Airports.

The objective is to reach conclusions on the reliance which the CAA could place on BAA’s utility cost forecasts as a basis on which to set price controls for Heathrow and Gatwick for the period 2008-2013, and any alternative projections for utility costs at each airport over the relevant period.