Queensland Competition Authority Review - SEQ long term regulatory framework and pricing principles
Date: 29-Jun-2017
On 28 June 2013, the Queensland Competition Authority was directed to investigate and develop a long-term regulatory framework (and pricing principles) for the monopoly distribution and retail water and sewerage activities of Unitywater, Queensland Urban Utilities and Logan, Redland and Gold Coast City Councils.
The Authority is to provide a Final Report by 30 September 2014 with the regulatory framework to apply from 1 July 2015.
Under the referral, the Authority must:
- develop a regulatory framework that protects the long-term interests of users of SEQ water and sewerage services by ensuring the prices of these services reflect prudent and efficient costs, while promoting efficient investment in, and use of, these services;
- develop pricing principles that apply to the industry (including water, sewerage, trade-waste, recycled water services and stormwater re-use services); and
- recommend the treatment of certain regulatory parameters.
The Authority must also prepare, in consultation with relevant stakeholders, and publish a work program which provides for the release of appropriately sequenced position papers (incorporating draft recommendations).
The Authority invites interested parties to register their interest and provide initial submissions by 2 August 2013. More information is available here.
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