Over the past few years, Melbourne households have been paying higher fees on their water bills for the desalination plan which is currently being developed.
As the project is not yet completed, households whom were forecasted to pay an extra $88 for water over the next financial year has been scrapped.
This back flip by the Victorian government is as a result of a $230 million over charge to Melbourne Water customers whom is owned by the Victorian government. The extra 10% fee hike was frozen to make up for the overbilling relating to the Wonthaggi desalination plant.
In addition to the freeze on the price increase, households will receive a credit on their next water bill ranging from $40 – $100, depending on the amount of the bill. Further to this credit, another credit is due in the 2013/14 financial year for the remainder of the overcharge.
Kris Bondin is the Managing Director of Bills to Pay. As a qualified CPA accountant, Kris wanted to make a positive change to people’s lives when it came to their finances.
Bills to Pay was established to help both individuals and families carefully manage their money with the ultimate goal of helping people get to a healthier financial position.