The ACCC is conducting its first annual review of Water NSW’s regulated charges for water infrastructure services in the Murray-Darling Basin.
This review applies to charges for 2015-16, the second year of the regulatory period 2014–17. Annual reviews of charges for the second and subsequent years of a regulatory period are provided for under rule 34 of the Water Charge (Infrastructure) Rules 2010.
In this annual review the ACCC can only vary the charges determined in accordance with its' 2014 decision on State water's charges if it considers the changes are reasonably necessary having regard to:
- changes in demand or consumption forecasts
- price stability.