Water bills reduced for families in Sydney, Blue Mountains and Illwarra
The NSW Government has welcomed news that households in Sydney, the Illawarra and the Blue Mountains will save around $100 a year on their water bills.
The Independent Pricing and Regulatory Tribunal (IPART) today released its final pricing determination, which will bring down water bills across Greater Sydney from 1 July 2016 over four years.
Minister for Water Niall Blair said this is the first time households in Greater Sydney will experience a water bill reduction.
“This is a great day for households in Sydney, with this decision to decrease water bills for the next four years,” Mr Blair said.
“I am proud we have the world’s best drinking water and we are uncompromising in our commitment to deliver that quality while ensuring we can deliver lower water bills for Sydney families.”
Treasurer Gladys Berejiklian said the determination was welcome and would help ease cost of living pressures for households.
“Every dollar counts when paying household bills, so the fact that savings are on the way as a result of the IPART determination is great news for residents in Sydney, the Illawarra and the Blue Mountains,” Ms Berejiklian said.
“This Government is determined to do whatever it can to ease cost of living pressures and after five years of hard work, customers are now reaping the benefits of greater efficiencies within Sydney Water.”