We provided our final recommendations to the Queensland Government in May 2013, following an extensive process of reviewing Seqwater’s costs and stakeholder consultation.
The recommended prices are set to recover Seqwater’s efficiency costs as well as smooth-over future price increases.
Proposed changes mean all Seqwater schemes will now have two-part tariffs consisting of a fixed (Part A) price per megalitre (ML) of nominal water allocation and a usage (Part B) price per ML of water use. For the majority of schemes, the recommended prices result in increases to fixed prices and reductions in usage prices.
The Minister accepted our recommendations and they will apply from 1 January 2014 to 30 June 2017.
In 2016, the Government decided to extend the irrigation pricing policies by two years, until 30 June 2019.