Watercare have announced that their prices will be increasing this year – we thought we’d summarise what this really means and how it affects the average Aucklander;
When?
Water and wastewater prices will increase by around 7% from 1 July 2021.
Why?
Watercare have been developing a comprehensive asset management plan that identified what they’ll need to spend over the next 10 years in order to service growth, satisfy consent requirements, renew assets, improve resiliency and respond effectively to climate change, and this is a step in that direction.
How will this affect me?
This works out to be about $1.50 per week extra for the average household.
Margaret Devlin, the board chair at Watercare said the following; ‘We are very conscious that many Aucklanders are facing financial hardship as a result of Covid-19. Therefore, we have been working to scale back our capital works programme to deliver a price path that is affordable for most households. ‘
For more information on this see Watercare’s article on the announcement here – or if you have any further questions, just reach out!