• Loddon Herald

New water tariffs

COLIBAN Water prices for 2022-2023 has seen the authority kept increases below inflation for all five years of its Victorian Essential Services Commission plan.

Managing director Damian Wells said while most customers would notice an increase of around three per cent, the changes were still well below inflation.

“Our prices have been steady or decreasing for several years now,” Mr Wells said.

“Our built structures, some dating back to the goldrush, are ageing and a major program of upgrades and renewal must be funded and delivered in a way that allows us to prepare for tomorrow, while being fair to customers today.

“We have engaged with residential and business customers, community groups and other stakeholders, to ensure our new pricing plan for 2023 to 2028 continues to reflect community expectations, while allowing us to upgrade and renew our infrastructure to meet the needs of our growing region. “The ESC’s role as a water industry regulator is to review our price submission every five years to ensure pricing, service levels and works programs are justified, and costs and charges are fair,” said Mr Wells.


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