In 2007 the ERA undertook an annual inquiry on the most appropriate level of tariffs for the Water Corporation’s customers. This annual inquiry was not intended to be a comprehensive reassessment of the Corporation’s pricing, but rather an update that took into account information that came to hand in the preceding year. This inquiry was intended to provide advice to Government on the Water Corporation’s annual budget submission. The ERA did not undertake a public consultation process.
The ERA’s final report was tabled in Parliament on 17 January 2008. Following the public release of the final report, an error was identified in the model used to determine tariffs. The error resulted in the publication of some incorrect information in the original report. The affected tables were corrected and a revised final report was released. The revised report is available in both clean and marked up versions.