We have approved the prices that South Gippsland Water can charge from 1 July 2020 to 30 June 2023.
South Gippsland Water price review 2020
- Price submission lodged15 November 2019
- Draft decision released25 February 2020
- Submission close30 April 2020
- Final decision released16 June 2020
- Implementation1 July 2020
Overview
We have completed our review of the prices South Gippsland Water will charge from 1 July 2020.
We conducted our review under our new PREMO pricing framework, which:
- promotes better value and outcomes for Victorian water customers
- requires water businesses to undertake meaningful customer engagement to inform their price submissions.
Our determination sets out the maximum prices South Gippsland Water may charge from 1 July 2020 to 30 June 2023.
Our final decision paper explains our reasons for making this price determination.
View our final decision and price determination
What will happen to your bill?
The table below shows the estimated typical annual bills (water and sewerage only) for residential customer groups during the regulatory period under the final decision (in $2020-21).
Customer group | Average consumption (kL p.a.) | 2019-20 annual bill | 2020-21 annual bill* | 2020-21 annual bill | 2021-22 annual bill |
---|---|---|---|---|---|
Residential (owner occupier) | 121 | $1,026 | $1,060 | $1,099 | $1,121 |
Residential (tenant) | 121 | $229 | $236 | $245 | $250 |
Note: *2020-21 annual bill is calculated based on a weighted average of prices maintained at a flat rate for the period 1 July 2020 to 31 October 2020 and a 5 per cent increase for the period 1 November 2020 to 30 June 2020.
Use our water bill calculator to estimate your own annual bill.
Key facts from our final decision
Support for customers facing payment difficulties has expanded
South Gippsland Water has expanded its customer support program to assist customers affected by coronavirus. This includes offering longer extensions and payment plan options to both residential and non-residential customers.
Prices will rise to fund investment in water security and key services
South Gippsland Water's prices will increase by 5 per cent in 2020-21, after an initial freeze on prices until 31 October 2020 in response to coronavirus. Prices will then increase by 2 per cent (before inflation) in each of the following two years. The price increase is driven by new sewer services provided within the region and increased costs following connection to the Melbourne water supply system which has improved security of supply for South Gippsland Water’s customers.
Investment in areas of highest priority
South Gippsland Water has reflected customer priorities in its commitments to:
- renew aging infrastructure to maintain service levels
- progress programs that ensure water security for the region
- continue its carbon emission reduction program
- work to minimise unplanned water interruptions
- strengthen support for vulnerable and disadvantaged customers through its customer support program.
Read our fact sheet on the final decision
Read our media release
Got questions?
Contact us for more information.