The South Australian Government has announced a one off Water Security Rebate aimed at alleviating the cost of increased water prices, which are anticipated to rise 26 per cent.


Premier Jay Weatherill said the rebate will go to over 600,000 residential customers, meaning the average increase in water prices, once the rebate is factored in, should be around nine per cent.


“The Water Security Rebate has been factored into the 2012-13 pricing decision in recognition of substantial price increases experienced by consumers over the past few years,” Mr Weatherill said.


“Minimum and maximum concessions available to assist pensioners and Commonwealth Low Income Health Care Card holders will also increase to take into account the price changes.”


State Treasurer Jack Snelling said the State Budget will include $45.7 million to accommodate for the rebate.


“Households using up to and including 120 kilolitres per year will receive a one-off rebate of $45 while those using more than 120 kilolitres, typically a larger family, will receive a $75 rebate,” Mr Snelling said.


Mr Caica said the pricing path set by the Government over the past few years meant water prices from 2013-14 onwards are expected to be more in line with inflation.