Central Coast water bills will fall by up to 33 per cent for some residents – a saving of up to $355 – after the pricing regulator released its final report.
The Independent Pricing and Regulatory Tribunal (IPART) released its report on the maximum prices Central Coast Council can charge for water, sewerage and stormwater services, with the final figures slightly lower than those proposed in the draft report in April.
IPART’s decision means typical household bills will fall by 14 per cent to 33 per cent from July 1 and then only increase with inflation the following two years.
It also includes a slightly lower $103 cap, in real terms, for residential and farm stormwater prices.
The annual water, sewerage and stormwater bill for a typical household in the former Wyong council area will fall by $169, according to IPART Chair, Dr Paul Paterson.
Excerpt from Central Coast Express Advocate story by Richard Noone on 30 May 2019