LONDON (Thomson Financial) - Dee Valley Group Plc. said its operating company, Dee Valley Water, has submitted its draft business plan to water industry regulator Ofwat to provide water services for the five-year period commencing April 2010 in which it proposes an investment of 38 million pounds.

Following feedback from stakeholders on the draft, the company will submit a final business plan in April 2009, the provider of water services said.

The plan also proposes increases in the annual average household charge over the period of a little more than 6 pounds per year at today's prices, the group added. TFN.newsdesk@thomson.com npr/ms1

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