We investigated the prices the Gladstone Area Water Board (GAWB) plans to charge for the 2020–25 period, under direction from the Queensland Government. We considered:
- prices that would provide GAWB with sufficient revenue to recover prudent and efficient costs
- the accumulation of under-recovered revenues and its impact on customers.
GAWB lodged its pricing proposal on 30 September 2019. We published our draft report on 25 February 2020, on which we received submissions from 13 stakeholders.
We provided our final report to the Treasurer on 29 May and published it on 3 June 2020.
Anyone who would like to receive ongoing information about the investigation can register by following this link and choosing the option ‘Water’.
|On 10 June 2020 it came to our attention that we had inadvertently, on 3 June 2020, published a draft version of part A of our final report for the 2020–25 GAWB price monitoring investigation, rather than the (correct) final version that was provided to the Treasurer and GAWB on 29 May 2020. This page now provides the correct version of part A of the final report. If you downloaded or printed part A of the final report from our website between 3 and 10 June 2020, we ask that you please disregard it and replace it with the correct version. We apologise for the error.|
We will prepare a subsequent report (by 31 October 2023) that compares the annual prices GAWB charged between 1 July 2020 and 30 June 2023 with the findings in our 2020–25 final report. GAWB may make a submission that justifies any deviations between the prices GAWB charged to its customers and the indicative prices in our 2020–25 final report.
We intend to start consulting with stakeholders on this pricing review in early 2023.
The financial impacts on customers are discussed in our final report, but individual customers are not identified. The individual customer impacts, which are confidential, appear in section 10.4 (in Part A) and sections 1.2, 4.3, 5.2 and 7.1 (in Part B) of the report.
Customers who want to know their financial impacts can contact us using the contact form on our website.
|1 July 2019||The QCA publishes a notice of investigation|
|30 September 2019||Initial submissions and GAWB’s proposal|
|28 October 2019||Stakeholder submissions on GAWB’s proposal|
|4 November 2019||The QCA releases confidential information|
|29 November 2019||Submissions on confidential information|
|25 February 2020||The QCA publishes a draft report|
|27 March 2020||Submissions on the draft report|
|29 May 2020||The QCA provides a final report to the government|
|3 June 2020||The QCA publishes the final report|
|31 May 2023||Stakeholder submissions on 2023 mid-term pricing review due|
|31 July 2023||GAWB’s submission for mid-term review due|
|31 October 2023||The QCA’s final report to the government for mid-term review due|
Report and papers
|03 June 2020||Final report||QCA – Final report Part A – GAWB price monitoring 2020-25||pdf, 2.65 Mb|
|03 June 2020||Final report||QCA – Final report Part B – GAWB price monitoring 2020-25||pdf, 730.47 Kb|
|14 May 2020||Consultant report||KPMG – Final report on GAWB expenditure review||pdf, 3.78 Mb|
|05 May 2020||Consultant report||CEPA – Report on GAWB debt risk premium update||pdf, 215.70 Kb|
|25 February 2020||Draft report||QCA – Draft report Part A – GAWB price monitoring 2020-25||pdf, 2.82 Mb|
|25 February 2020||Draft report||QCA – Draft report Part B – GAWB price monitoring 2020-25||pdf, 1.34 Mb|
|25 February 2020||Other documents||QCA – initial findings sheet for Part A – GAWB price monitoring 2020-25||pdf, 573.78 Kb|
|25 February 2020||Other documents||QCA – initial findings sheet for Part B – GAWB price monitoring 2020-25||pdf, 494.73 Kb|
|18 December 2019||Consultant report||CEPA – Report on GAWB WACC parameters||pdf, 618.54 Kb|
|13 February 2020||Consultant report||KPMG—draft report on GAWB expenditure review||pdf, 3.09 Mb|
|30 September 2019||Submission||GAWB proposal – Part B – Redacted by the QCA||pdf, 1.04 Mb|
|31 October 2019||Submission||Letter – GAWB to QCA – Confidentiality claim – 31 October 19||pdf, 553.60 Kb|
|25 October 2019||Other documents||Letter – QCA to GAWB – Confidentiality claim – 25 October 2019||pdf, 325.74 Kb|
|01 October 2019||Submission||GAWB proposal – cover letter||pdf, 140.53 Kb|
|01 October 2019||Submission||GAWB proposal – Part A||pdf, 4.30 Mb|
|01 October 2019||Submission||GAWB proposal – Part B||pdf, 4.06 Mb|
|01 October 2019||Submission||GAWB proposal – Att 1 (Referral and direction notice)||pdf, 568.47 Kb|
|01 October 2019||Submission||GAWB proposal – Att 2 (DAE cost escalation factors)||pdf, 613.40 Kb|
|01 October 2019||Submission||GAWB proposal – Att 3 (Synergies WACC report)||pdf, 720.54 Kb|
|01 October 2019||Submission||GAWB proposal – Att 4 (Capital contributions framework)||pdf, 155.13 Kb|
|01 October 2019||Submission||WICET – initial submission||pdf, 173.00 Kb|
|25 February 2020||Notice||QCA—Stakeholder notice—Consultation on draft report||pdf, 561.56 Kb|
|04 November 2019||Notice||QCA – Stakeholder Notice – Access to confidential information||pdf, 412.91 Kb|
|11 October 2019||Notice||QCA – Statutory request to provide contracts||pdf, 353.85 Kb|
|11 October 2019||Notice||QCA – Stakeholder notice – statutory requests||pdf, 529.51 Kb|
|01 October 2019||Notice||QCA – Consultation on GAWB’s regulatory proposal||pdf, 526.15 Kb|
|01 July 2019||Notice||QCA – Guidance notice||pdf, 689.08 Kb|
|01 July 2019||Notice||QCA – Notice of investigation||pdf, 534.88 Kb|
|28 June 2019||Minister’s direction||Treasurer – Referral and direction notice||pdf, 568.54 Kb|