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Thursday, June 2, 2022

NSW IPART NEWS Letter - Econveyancing Transactions & Strip Lights

 



A water pricing framework that promotes the 3Cs of:  Customers - Water businesses work with customers to identify required services, including desired community and environmental outcomes Costs - Water businesses propose efficient costs and prices to deliver services at lowest sustainable cost Credibility - Water businesses accountable for delivering well framed and achievable proposals
 

How we regulate the water businesses 

 

IPART is updating how we regulate businesses that deliver NSW’s water. 

We have released a draft report which proposes improvements to support these businesses to efficiently deliver high-quality and reliable water services.  

The measures encourage good long-term planning, innovation and prudent investment so water businesses deliver better long-term customer value. 

The aim is to ensure that water and wastewater services are resilient to drought and natural disasters, promote environmental outcomes and support more liveable cities. 

 
 
Couple buying a house

Econveyancing transations 

 

We are investigating a pricing regulatory framework for interoperable electronic conveyancing transactions between Electronic Lodgement Network Operators (ELNOs). 

This review is significant because eConveyancing is used to settle most sales of property and land in Australia. 

Interoperability is important because having different systems being able to ‘talk’ to each other facilitates competition in the market. 

Submissions on our draft terms of reference close soon. There will be opportunities to have your say throughout the review process. 

Central Coast beach
 

Central Coast water prices 

 

We’ve released our final report on the prices that Central Coast Council as a Water Supply Authority (CCC Water) can charge for water services. 

IPART has decided to increase prices to support better services in line with community concerns. 

However, the price increase is not as large as the increase proposed by CCC Water and will occur in stages to allow customers to better manage the bill impacts. 

We have also made recommendations to the NSW Government to support improving CCC Water’s performance and accountability, and to support pensioners and customers who may need assistance to manage their bills. 

 

 
LED strip light
 

Strip lights in the Energy Savings Scheme 

 

Strip lights can now be used in lighting upgrades. 

The new fact sheet about the Energy Savings Scheme outlines the product acceptance, auditing and compliance requirements. 

 

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