Yarra Valley Water outcomes reporting

This page summarises Yarra Valley Water's outcomes, measures and targets for the regulatory period 2018–23. This is the final year of reporting against its 2018 commitments, with its new outcomes, measures, and targets in effect from 1 July 2023.

More details are available on our outcomes reporting page, and on Yarra Valley Water’s website.

What are outcomes?

Water businesses are accountable to their customers for delivering the outcomes set out in their price submissions, under our new PREMO water pricing framework. Each business is required to report at least annually to its customers on:

• it's performance against the specified measures and targets for each outcome
• an overall assessment of whether it has delivered on expectations for each outcome, including the business’s explanation for any performance shortfalls and how it intends to address them.

We have requested businesses also provide us with a summary outcome report document using a standard template. The self-assessments use a simple “traffic light” rating: 

• green = achieved target
• amber = mostly achieved target
• red = failed to achieve target.

2023 water price review

Our 2023 water price review assessed 14 water businesses’ proposed prices and outcomes and determined the maximum prices these businesses can charge for their water and sewerage services for the next 5-year regulatory period, from 1 July 2023.

Part of the price review included assessing how businesses have performed against their outcome targets and major projects they committed to deliver to customers at the 2018 water price review. In our final decisions, we agreed with all 14 businesses' self-assessments that they had, overall, met their outcome commitments for the 2018–23 period, and that their reporting to customers during this period met our requirements.

Read more on Yarra Valley Water's performance against its outcome commitments as part of our 2023 price review.

Yarra Valley Water's self-assessment against outcomes in 2022–23

Outcome	Self-assessment
Safe drinking water
Reliable water and sewerage services
Timely response and restoration
Fair access and assistance for all
Water availability and conservation
Modern flexible service
Care for and protect the environment
Overall

Our observations on its 2022–23 performance

Yarra Valley Water’s self-assessment is reasonable, and its performance was strong. It met six of its seven outcomes overall for the year, as well as six of its seven measures. It showed ownership for its outcome commitments by publishing this year’s performance results prominently on its website.

Yarra Valley Water's overall self-assessment across 2018–23