The Utility Regulator today commented on NI Water’s announcement that non-domestic water and sewerage charges for the 2016/17 financial year will remain largely unchanged.
Commenting on the announcement, Utility Regulator Chief Executive, Jenny Pyper said:
“I am pleased that, for the majority of NI Water’s non-domestic customers, the water and sewerage charges for this coming year will remain largely unchanged. Whilst there is an increase of 2.8% to trade effluent charges, those customers affected, will be benefitting from no change in their water and sewerage charges.
“This year, NI Water has introduced a new Nett Annual Valuation (NAV) which may result in an increase for some customers. It is important that the price paid for water and sewerage services reflects the actual cost of delivering these services to business properties and that charges are fair to all customers.
“We monitor and approve NI Water’s regulated water and sewerage charges by carrying out a review of their annual Scheme of Charges submission.”
The annual charges announced by NI Water reflect the price limits set in the price control for 2015 – 2021, also referred to as PC15.
This announcement marks the conclusion of a process that is undertaken by the Utility Regulator and NI Water, in consultation with the Department for Regional Development and the Consumer Council for Northern Ireland.
ENDS
For further information, please contact Adele Boyle on 028 9031 6664 or 07787 279584.