‘Increases in water and wastewater charges announced by the Independent Competition and Regulatory Commission reflect additional costs associated with water security projects being undertaken by ACTEW and reduced levels of demand for water over projections for the next two years as set out in the Commission’s 2008 price direction’, Senior Commissioner, Paul Baxter, said today.
The Commission has decided that from 1 July 2011, water prices for the first 540 litres consumed per day will rise from $2 per kilolitre to $2.33 per kilolitre, and for all water consumed above 540 litres per day the rate will rise from $4.01 per kilolitre to $4.66 per kilolitre.
Wastewater charges will also increase from $516.11 to $555.39.
‘For an average household consuming 250 kilolitres of water per year, the total water and wastewater bill will increase by 11.73% in 2011–12, that is approximately $142 for the year’, Mr Baxter said.
Simon Corbell is promising some sort of compensation for low income earners. Those low income renters who don’t pay for their water will no doubt be thrilled.