The National Water Initiative pricing principles guide rural and urban pricing practices and assist jurisdictions to implement their pricing commitments under the NWI in a consistent way.
They comprise 4 sets of principles:
- asset valuation and cost recovery for urban and rural capital expenditure
- urban water tariffs to guide price setting where there are monopoly providers
- water planning and management for urban and rural water service providers
- recycled water and stormwater reuse in urban and rural settings.