Sharechat Logo

Large-scale water users face compulsory water-metering: Nick Smith

Friday 30th April 2010

Text too small?

Any water user taking more than 5 litres per second will have to instal water meters and record their useage, Environment Minister Nick Smith announced tonight.

Treasury analysis says the impost on water users including farmers, food processors and municipalities will cost $42 million for national benefits of $101 million, on a net present value basis. The move will allow water pricing and charging to develop on a national basis.

"We can't even begin to manage water properly in New Zealand when we have so little information on how much is extracted and when," said Smith.

Less than a third of water taken nationally is currently metered.

 

 

Businesswire.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

RAK - Rakon Receipt of Takeover Notice
January 12th Morning Report
GEN - Resignation of Corporate Counsel and Company Secretary
January 9th Morning Report
VSL - Confirmation of MD/CEO and Board changes
January 5th Morning Report
December 31st Morning Report
December 30th Morning Report
CHATHAM ROCK CLOSES PRIVATE PLACEMENT
December 29th Morning Report