I couldn't find a lever either.
I tried blocking some of it with plants, but it didn't seem to help. I did read in the booklet that came with it that you could raise the intake tube if necessary at feeding time. Then I got to looking at the intake tube and it seems to have little grooves on it...I'm wondering if this is how you would regulate the speed of the flow by raising the intake tube using the grooves. When I have to perform a water change, I'm gonna check it out.