News 
 Local News 
 News 
 General 
 Central Highlands Water price rises to stay on track 

Central Highlands Water price rises to stay on track

21 Feb, 2010 12:13 AM
CENTRAL Highlands Water says it has no plans for a price hike, after Coliban Water said it wants to amend its five-year plan to pay off its debt.

Coliban Water, which supplies Bendigo and the surrounding area, will propose to the Essential Services Commission next month to bring forward its price rises by 12 months.

If this is successful, the price of water will rise by an extra 50 perthcent, on top of the price rise already approved by the ESC.

Opposition water spokesman Peter Walsh said on Friday he was concerned that other water authorities would follow Coliban Water's lead, to recoup the massive losses they accumulated in 2008-09.

Yesterday, CHW managing director Neil Brennan said the authority had no plans to raise Ballarat's prices further.

"We're keeping in line with the ESC pricing, we're comfortable with that," Mr Brennan said.

"The board's very conscious about getting efficiencies out of the business, making sure the business absorbs growth ... there's no consideration of looking at pricing."

CHW increased its rising block tariff by 5.1 per cent on July 1 last year, in line with its five-year plan set in 2008 to support the authority's business and projects.

Customers are now charged an extra nine cents ($1.40) for the first 150 kilolitres, and an extra nine cents per kilolitre ($1.68) for the next 151 to 300 kilolitres. More than 300 kilolitres is charged at $2.10 a kilolitre, up 14 cents on 2008-09 prices.

Water access fees also went up nearly $15, from $185 in 2008-09.

Under the 2008 price review, Ballarat's household water bills were to increase by an average of 38.4 per cent over the next five years.

The next three financial years will bring increases of 3.1 per cent.

Print
Increase Text Size
Decrease Text Size

comments


Date: Newest first | Oldest first
Now that we've privatised water, phone, electricity and public transport, we simply don't have anything left to buy.
Posted by Gandalf, 22/02/2010 12:35:12 PM, on The Ballarat Courier

post a comment


Screen name  *
Email address  *
Remember me?
Comment  *
 
We invite and encourage our readers to post comments. Comments are moderated and will appear as soon as our editor has approved them. When posting comments you agree to be bound by our Terms and Conditions.

Most popular articles


Ballarat Community Health Nie
 
Begonia Festival
 
Her Majesty's NIE
 
Loreto College NIE


The Courier







Weather brought to you by:

Weatherzone

Front Page

Current Issue
Privacy Policy | Conditions of Use | Advertising Terms | Copyright © 2012. Fairfax Media.
 SEND...
 SAVE...
 SHARE...