VicWater Submission – ESC Water Pricing Approach PREMO Self Assessment
During November, VicWater prepared a submission in response to the Essential Services Commission’s (ESC) Consultation paper on assessing and rating PREMO price submissions.
The consultation paper is part of the ESC’ review of the approach to water pricing that follows the revision of the Water Industry Regulatory Order (WIRO) in October 2014. The revised WIRO allows the Commission to consider a broad range of pricing approaches to deliver efficient pricing and service outcomes for Victorian water and sewerage customers. A copy of an earlier consultation paper is available here. The new pricing approach will underpin the next major water price review for the fourth regulatory period from 1 July 2018.