Data source: IPART analysis.
Draft decision on prices for the North Coast valley
Whilst we aim to set prices that fully recover the customer share of efficient costs, in setting the 2017 Determination it was recognised that Full Cost Recovery (FCR) was likely to be unattainable in the North Coast valley over the 2017 Determination and going forward. For the 2021 Determination period, we have decided to keep prices constant in real terms for the North Coast valley. This will recover about 9% of the customer share of efficient costs. The table below sets out our draft decision on Water NSW’s prices, as well as Water NSW’s proposed prices.
Draft decision on bulk water charges – North Coast valley ($/ML, $2021-22)
|
Current 2020-21 ($2020-21) |
4 year FCR Proposed |
Draft Report |
Change current to proposed |
Change current to Draft Report |
Draft Report to proposed |
| High security |
$12.69 |
$13.01 |
$12.99 |
2.5% |
2.4% |
-0.2% |
| General security |
$9.83 |
$10.08 |
$10.08 |
2.5% |
2.5% |
0.0% |
| Usage |
$18.77 |
$19.24 |
$19.24 |
2.5% |
2.5% |
0.0% |
Note: Water NSW’s proposed prices are based on prices that recover Water NSW’s proposed costs over a 4 year period on a full cost recovery basis.
Source: Water NSW proposal and IPART analysis.
Indicative bills under our draft decisions for the North Coast valley
The table below shows indicative bills for 2021-22 under our draft decisions, as well as indicative bills that would arise from Water NSW’s proposed prices.
Indicative annual bulk water bills for North Coast valley ($2021-22)
|
Estimated entitlements (ML) |
Estimated usage (% of entitlement) |
Current 2020-21 ($2020-21) |
4 year FCR Proposed |
Draft Report |
Change current to proposed |
Change current to Draft Report |
Draft Report to proposed |
High Security
|
| Small user |
5 |
100% |
$157 |
$161 |
$161 |
2.5% |
2.4% |
-0.1% |
| Medium user |
10 |
100% |
$315 |
$323 |
$322 |
2.5% |
2.4% |
-0.1% |
| Large user |
50 |
100% |
$1,573 |
$1,613 |
$1,612 |
2.5% |
2.4% |
-0.1% |
General Security
|
| Small user |
20 |
10% |
$234 |
$240 |
$240 |
2.5% |
2.5% |
0.0% |
| Medium user |
100 |
10% |
$1,171 |
$1,200 |
$1,200 |
2.5% |
2.5% |
0.0% |
| Large user |
350 |
10% |
$4,097 |
$4,201 |
$4,201 |
2.5% |
2.5% |
0.0% |
Source: Water NSW proposal and IPART analysis.
The indicative bills shown below represent indicative bills combining Water NSW’s prices for its bulk water services and the Water Administration Ministerial Corporation’s (WAMC’s) prices for its water management services.
High security bills for North Coast valley (medium user)
