No Thanks; I'll Use my Own Water

Almost everyone gets their water from the same place ... usually the public water utility.  It's been that way forever and there aren't many options.  


Until now!

A new real estate development by Frasers at Sydney Central changes things a bit by setting up the first private water supply services contract in Sydney with the Water Factory Company.  You can read more about it in this SMH article.

I like the choice things bring to property developers and strata owners.  It also follows the pattern we've seen with telecommunications and electricity supply in the last 10 years and the way other utility and other services might be supplied to strata owners in the future.

What will be interesting is how the suppliers, regulators and consumers balance the recovery of infrastructure costs by the contract supplier, competitive supply charges, contestability for supply and consumer choice about supplier.  The correct answer should be based on value but it might end up being based on political expediency.


Either way you can expect more privately supplied water, electricity and other services in strata buildings from now on.


Francesco ...