WASA Rates Under Review

Rates for the Water and Sewerage Authority (WASA) are being reviewed by the Regulated Industries Commission (RIC). In a statement, it revealed that the first phase of the process is in progress with the release of the RIC's Information Requirements. This specifies, what RIC needs from the provider in order for the review to happen. The second phase includes the release of consultative documents, which will present the RIC's views on key areas that impact various aspects of rate determination, such as quality of service. In the third phase the RIC will review the business plan/pricing proposal of WASA and then issue its draft determination for public discussion. The RIC will conduct open Public Consultation sessions during this period. Finally, the RIC will review all comments and concerns raised during the public consultation, and then publish its final determination.