NWC customers to see slight reduction in water bills
Customers of the National Water Commission (NWC) are to see a slight reduction in their water bills come January.
The NWC says the computations for Water, Sewerage, Service Charge as well as the X Factor and Price Adjustment Mechanism (PAM) on their water bill will change, starting on January 1.
It says all of these changes are taking place in keeping with the 2016 Mid-Tariff Determination granted by the Office of Utilities Regulation (OUR).
The changes come about as part of a built-in annual recalculation process that will see the PAM charge being rolled into the Water, Sewerage and Service Charge components of the bill and the PAM values reset at zero.
This change will have no effect on the amount the customer is charged with services.
At the same time, the K Factor values will remain at 16 per cent, but the X Factor, which is deducted from the customer’s bill, has moved by 0.7 percentage points from 5.5 per cent to 6.2 per cent.
The NWC says these overall changes will therefore mean the total monetary charges on customer’s water bills for service provided after January 1, 2018 will go down by zero point seven per cent.