Water costs rising
Water is about to cost you more.
Watercare will increase the price of its water and wastewater services from July 1, the first rise in two years.
Chief financial officer Brian Monk says this increase will see the average household’s combined water and wastewater charges rise by less than $2 a month.
Cost savings have allowed the company to delay price increases until now, Monk says.
‘‘Almost two-thirds of our spending goes towards capital assets – the infrastructure and equipment we need to provide Aucklanders with continued access to high quality water and wastewater services – while the balance goes on operating costs.
‘‘We have seen cost increases in both these areas and our new prices reflect those increases.’’
Watercare customers are looking at paying an extra four cents per 1000 litres of water. Householders will pay six cents more per 1000 litres and wastewater charges will rise by $5 per year.