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23/06/2018

Adjustment – KOC Budget 2019


Adjustment – KOC Budget 2019

With effect from 1 July 2019, the inflation-linked adjustment of 5% will be applied.  The impact of this will translate to an increase from the current R911.58 p.m. to R957.16 p.m. (VAT incl.).

 With effect from 1 July 2018, water consumption will be levied on the basis of a revised sliding scale.  The applicable tariffs are as follows:

 0 -6kl free

 >6kl - 10kl           R 8.35 per kl

 >10kl - 30kl         R 10.55 per kl

 >30kl- 50kl         R11.25 per kl

 >50kl                     R11.97 per kl

 The basic levy will remain at R10.59 per month.

 Kindly note that the adjustment in water tariffs will translate to an average increase of 32.94% in the KOC water income budget for the 2019 financial year.