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:

PFI - Q3 Div & Upgraded FY25 Div Guidance, FY26 Div Guidance
AIA - Auckland Airport announces leadership team change
May 9th Morning Report
May 8th Morning Report
NZME Takeovers Panel determination
MNW - Commerce Commission clears the Contact Energy acquisition
May 7th Morning Report
General Capital Appoints New CFO
SUM - Summerset Considers Retail Bond Offer
SKC - Updated FY25 Full Year Earnings Guidance