We will be increasing the price of our water services by an average of 2.5 per cent from 1 July.
Chief executive Raveen Jaduram says this is an increase of less than $2 a month for an average household’s water charges.
Mr Jaduram says the price rise is necessary to cover growing service delivery costs: “Water and wastewater charges fund our day-to-day operations in supplying ‘Aa’-graded drinking water to the people of Auckland, and treating wastewater to a high standard.”
They also fund infrastructure renewals and expansion that support development across the region.
The price of wastewater services will increase by an average of 3.3 per cent, which reflects the greater investment required for future wastewater infrastructure.
“The increase of 3.3 per cent reflects the higher investment required in wastewater infrastructure as the city grows and demand for these services increases,” Mr Jaduram says. “These charges help to fund large projects such as the Central Interceptor
, which not only provide for growth, but replace or help maintain the levels of service from our existing assets.”
Capital expenditure is also funded from infrastructure growth charges and borrowings.
Auckland’s population is predicted to grow by 1 million people in the next 30 years and we have forecast a $5.5 billion spend on upgrading and expanding our infrastructure over the next 10 years to support this growth.
We do not operate to make a profit nor do we receive any funding from property rates paid to the Auckland Council. We also do not pay a dividend 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 supply for the future,” Mr Jaduram says.
- Water prices will increase from $1.480 to $1.517 (including GST) per 1,000 litres for all customers.
- Fixed wastewater charges for domestic customers will rise by $7 to $218 per year and from $2.540 to $2.618 per 1,000 litres of wastewater discharged (including GST).
- Wastewater charges for non-domestic customers will increase by an average of 3.3 per cent.
The Infrastructure Growth Charge (IGC)
will increase by 3 per cent to $11,680 plus GST for metropolitan customers. For stand-alone non-metropolitan networks, where past and future investments are specific to each network, new IGCs will be introduced progressively between July and September 2018. These will reflect areas where significant new infrastructure investment is occurring due to growth. Affected customers will be advised directly.
For more information, see Our charges.