Final Report SunWater Irrigation Price Review: 2012-17 Volume 2 Macintyre Brook Water Supply Scheme April 2012 Level 19, 12 Creek Street Brisbane Queensland 4000 GPO Box 2257 Brisbane Qld 4001 Telephone (07) 3222 0555 Facsimile (07) 3222 0599
[email protected] www.qca.org.au © Queensland Competition Authority 2012 The Queensland Competition Authority supports and encourages the dissemination and exchange of information. However, copyright protects this document. The Queensland Competition Authority has no objection to this material being reproduced, made available online or electronically but only if it is recognised as the owner of the copyright and this material remains unaltered. Queensland Competition Authority Table of Contents TABLE OF CONTENTS PAGE GLOSSARY III EXECUTIVE SUMMARY IV 1. MACINTYRE BROOK WATER SUPPLY SCHEME 1 1.1 Scheme Description 1 1.2 Bulk Water Infrastructure 1 1.3 Network Service Plans 2 1.4 Consultation 2 2. REGULATORY FRAMEWORK 4 2.1 Introduction 4 2.2 Draft Report 4 2.3 Submissions Received from Stakeholders on the Draft Report 6 2.4 Authority’s Response to Submissions Received on the Draft Report 6 3. PRICING FRAMEWORK 7 3.1 Tariff Structure 7 3.2 Water Use Forecasts 9 3.3 Tariff Groups 10 3.4 Continuous Sharing Arrangements 11 4. RENEWALS ANNUITY 12 4.1 Background 12 4.2 SunWater’s Opening ARR Balance (1 July 2006) 13 4.3 Past Renewals Expenditure 14 4.4 Opening ARR Balance (at 1 July 2012) 26 4.5 Future Renewals Expenditure 27 4.6 SunWater’s Consultation with Customers 39 4.7 Allocation of Renewals Expenditure According to WAE Priority 40 4.8 Calculating the Renewals Annuity 44 5.