Coast Deals & Specials Locals Discounts Available on Free Business Advertising Learn more...

Current Advertising Promotions on MSC WE don't often have specials as such, though understand some small business here on the Coast would like a little assistance. Learn more...

This is an archived copy of an article that has already passed. It is online for informational purposes only.

Water bills $200 lower than allowed maximum

The Queensland Competition Authority (QCA) has found Unitywater is undercharging its customers by approximately $57 million – or the equivalent of more than $200 per household – in 2011-2012.

The findings were detailed in the independent regulator’s Interim Price Monitoring Report released on 3 April.

The report also found that Unitywater made efficiencies in its forecasted operating costs for 2011-12 and that revenues from non-capped charges, such as trade waste, fell despite their increasing operating costs for the water retailer.

Unitywater CEO Jon Black said that while the company was currently under-recovering from its customers, he was very conscious of the pain many families were feeling from bills.  He was keen to keep driving down operating costs while continuing to provide high-quality, environmentally and economically sustainable water and sewerage services.

“Unitywater is currently under-recovering on its costs and this does present a challenge for our long term sustainability and returns to the owner councils. However we believe we are responsibly managing this challenge and remain mindful of the impacts rising costs have on our customers,” Mr Black said.

The QCA compared Unitywater’s forecasted earnings from water and sewerage services against the maximum allowable revenue (MAR), according to an estimate of the ‘efficient cost of providing services’.

Unitywater’s forecast revenue for 2011-12 was $398.4 million, while the QCA found $455.3 million was the maximum allowable figure.

Of this, the forecast water revenue of $195.7 million was below the authority’s MAR of $238.8, while forecast sewerage revenue of $202.7 million was below the authority’s MAR of $216.4 million.

The report said there was no evidence of an exercise of monopoly power and found Unitywater’s $268.73 million capital expenditure to be prudent and efficient.

The authority also expressed support for Unitywater’s efforts ‘to seek collaborative and cost-effective solutions for maximising water quality improvement and achieving healthy waterways’.

Unitywater provides water supply and sewerage services to the Sunshine Coast and Moreton Bay regions and is wholly-owned by the Councils of those regions.

Permanent Link: Water bills $200 lower than allowed maximum
Publish Date: 11 Apr 12

Unitywater :
Ground Floor, 8-10 Maud Street, Maroochydore
Phone: 07 5431 8333

Comments / Have your say

  1. You can't post on an expired article.

Any comments are submitted for possible publication on the condition that they may be edited or refused. Include your name (or alias for those who wish to be anonymous), and email address (only used for verification), your location is optional. ( Publication guidelines / disclaimer for article and comment content ). Any comment that is; is offensive, includes profanity, only a personal attack, is illegal, meaningless (spam), or contains obvious factual errors, will not be posted, at the sole discretion of our staff.

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service




view all

Latest Sunshine Coast Events

Bookfest Noosa
Bookfest Noosa
Starts: Friday 2nd May 2014
Bicentennial Hall
Cooran Acoustic Night
Cooran Acoustic Night
Starts: Saturday 26th April 2014
Cooran Hall
Long Gone Lonesome Cowgirls
Long Gone Lonesome Cowgirls
Starts: Thursday 8th May 2014
Nambour Civic Centre
Expressions Dance Company’s SOLO Festival of Dance
Expressions Dance Company’s SOLO Festival of...
Starts: Thursday 15th May 2014
Cremorne Theatre, QPAC
Basic Kinesiology
Basic Kinesiology
Starts: Tuesday 27th May 2014
Nambour Library


Coast News sign up form

Coast News Form

First
Last
*
*
*
*
Please fill the text in this image in the field below to assist us in eliminating spam