Today, Watercare announced it will increase its water and wastewater charges on 1 July 2019. We expect the price rises will result in an increase of around $2.30 a month (around $0.54 a week) for a typical three-person household.
Watercare’s chief financial officer, Marlon Bridge, says the price rises are necessary to cover growing service delivery and infrastructure costs: “Water and wastewater charges fund our day-to-day operations in supplying water to the people of Auckland, and treating wastewater to a high standard. They also contribute towards infrastructure renewals and expansion that support development across the region.”
The price of water will increase by 2.5 per cent from $1.517 to $1.555 (including GST) per 1,000 litres and the price of wastewater services will increase by an average of 3.3 per cent.
Bridge says that Watercare does not operate to make a profit nor does it receive any funding from property rates paid to the Auckland Council: “All the money we receive from customers goes into operating, maintaining and expanding our infrastructure to maintain a safe and reliable water and wastewater services for the future.”
“We are planning to spend $5.5 billion on upgrading and expanding our infrastructure over the next 10 years. About 70 per cent of the funding will come from our water and wastewater charges, with the rest coming from infrastructure growth charges and borrowings.”
- Water prices will increase from $1.517 to $1.555 (including GST) per 1,000 litres for all customers
- Fixed wastewater charges for domestic customers will rise by $7 to $225 per year and from $2.618 to $2.704 per 1,000 litres of wastewater discharged (including GST)
- Wastewater charges for commercial customers will increase by an average of 3.3 per cent
- The Infrastructure Growth Charge (IGC) will increase by 3 per cent to $12,020 plus GST for metropolitan connections. The IGC rates for stand-alone non-metropolitan networks also increase by 3 per cent
- See our Asset Management Plan 2018-2038 and Funding Plan 2018-2028.