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 WASA rates to increase
ray786
  Posted: Sep 17 2009, 07:21 AM


D' NeWs MaN


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http://www.newsday.co.tt/news/0,107451.html

Consumers can expect an increase in water rates after the Regulated Industries Commission (RIC) completes its review of WASA’s current rates, Harjinder Atwal, Executive Director of the RIC warned yesterday.

Speaking with Newsday, he said, “according to the law, we are required to set a formula, or rate for the coming five years, which will involve estimating all costs for a company to operate, in this case, WASA . For every year, therefore, we have to estimate what WASA needs to run efficiently. Remember, WASA has not had a rate increase since 1993, so customers should expect an increase.”

He added that the Commission will also seek to simplify the WASA rate structure since there are a number of different categories, which can be very confusing at times.

RIC conducted consultations last year to hear the public and stakeholders’ views on a possible rate adjustment for WASA.

Atwal said that the RIC was close to completing a draft determination on the matter which will be made available for three months for public comment. He explained during the period, the RIC will publish information from the draft determination on about 12 to 13 papers to make it easier for the public to understand since this document may be over 500 pages long. The condensed version will explain how the RIC determined sufficient operation costs, the impact of the rate adjustments on consumers, and the benefits from the adjustments. The RIC will also seek comment through workshops and stakeholder meetings.

Once this period has ended, he said, the RIC will use public comments to make a final determination on the rate review.


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-jack-
Posted: Sep 17 2009, 09:19 AM


D' ORIGINAL STALKER!!!


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why pay wasa bill & not not get water when you can go live on the beetham & get free wate 24/7 whistle%5B1%5D.gif


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ray786
Posted: Sep 17 2009, 11:02 AM


D' NeWs MaN


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^^ 'kanal' water u mean... even dem eh have water des days...


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Imogen
Posted: Sep 17 2009, 02:54 PM


D' SpAMoD


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Water rates up too? Sigh. First was electricity and I resorted to flambeau...now I will have to resort to jumping in a pond.


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Axe
Posted: Sep 17 2009, 03:21 PM


D' MK Photographer MoD


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What the...Working class getting hit hard.


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