WACC Methodology Review


We undertook a review of the methodology we use to determine the Weighted Average Cost of Capital (WACC) for Icon Water. The purpose of this review was to ensure that our methodology remains effective, appropriate and reflects the best current and relevant regulatory practices.

The review was established as a reset principle in the 2018 Price Direction for water and sewerage services charges.

Release of Final Report

On 30 April 2021, we released our final report on our methodology for determining Icon Water’s weighted average cost of capital (WACC).

Document NameTypeSizePublished date
Final Report - Review of Methodologies for the WACCPDF1.1 MB30 Apr 2021

Submissions - Draft report

Document NameTypeSizePublished date
Submission 1 - Icon WaterPDF427.0 KB17 Mar 2021

Release of Draft Report

On 5 February 2021, the Commission released its draft report on its proposed methodology for determining Icon Water's weighted average cost of capital (WACC). The Commission invites submissions to the draft report until 5 March 2021.

Document NameTypeSizePublished date
Draft Report - Review of Methodologies for the WACCPDF1.1 MB5 Feb 2021

Submissions - Issues Paper

Document NameTypeSizePublished date
Submission 2 - Icon WaterPDF1.4 MB19 Nov 2020
Submission 1 - ACTCOSSPDF195.6 KB19 Nov 2020

Release of Issues Paper

The Commission is reviewing how it calculates the weighted average cost of capital (WACC). The purpose of the Review is to ensure that Icon Water receives an appropriate return on its prudent and efficient investments in infrastructure used for delivering services.

Document NameTypeSizePublished date
Issues Paper - Review of Methodologies for the WACCPDF1016.6 KB28 Aug 2020