Improving the reliability of water supply in regional and rural NSW
The Independent Pricing and Regulatory Tribunal has released its final report on water resource management prices in NSW.
Our decisions are aimed at supporting the long-term security of water entitlements and reliability of water supply in regional and rural NSW.
Increases in expenditure are needed to provide a sustainable water supply in areas, which are particularly vulnerable to the impact of climate change.
The report sets out our decisions on the maximum prices that the Water Administration Ministerial Corporation (WAMC) can charge for water management functions from 1 October 2021 to 30 June 2025.
WAMC charges vary across each of the 27 water sources and will increase in all but 3 water sources. We partially constrained the increase in WAMC’s prices to 2.5% per year, before inflation, to limit bill impacts.
The price increases will help sustain the effort to manage water resources effectively for the long-term benefits of water users.
We are mindful of how these increases may impact customers and the broader community. We consider prices are reasonable given these are in line with prices in other jurisdictions.
There are also new charges to implement the NSW Government’s metering reforms over the next 4 years.
These new charges are needed to recover the efficient costs of Water NSW’s metering program. This will support the long-term sustainability of water resources in NSW, which is in the interests of all water users.
We have prepared fact sheets for each water source, and are available here.