The Independent Pricing and Regulatory Tribunal (IPART) is starting its review of the Central Coast Council’s prices for water, sewerage and related services. New prices will apply from 1 July 2019.
Central Coast Council has the third largest urban water supply system in NSW.
IPART Chairman Dr Peter Boxall said the Issues Paper released for public comment today canvasses issues IPART will consider in assessing the pricing proposal to be put forward by the Council in September this year.
These include:
• the efficient cost of providing water, sewerage and related services
• the structure of water, sewerage and stormwater prices to residential and non-residential customers, which determine how costs are shared between different types of customers, and
• the impact of prices on customers and the broader community.
"Stakeholders have the opportunity to comment on the Council’s performance since the last price review, and to consider and provide comment on its pricing proposal for the upcoming determination period," Dr Boxall said.
"We hope stakeholder organisations and members of the public will take this opportunity to share their views so that we can consider these when making our decisions on whether to allow the Council’s proposal to be adopted."
As part of this review, IPART will also determine maximum prices for the transfer of bulk water between Hunter Water Corporation and the Council.
Central Coast Council and Hunter Water are expected to provide pricing proposals to IPART on 7 September 2018. Submissions in response to the Issues Paper and the pricing proposals will be accepted until 12 October 2018.
There will be a public hearing on 27 November 2018 for stakeholders to present their views, prior to the release of draft prices for public comment in early April 2018.
IPART will release its Final Report and Determination of prices in May 2019.
The Issues Paper is available on IPART’s website <http://www.ipart.nsw.gov.au. ---
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