SME Chamber

A Water Rip-off

 We know it now. GRTU has been screaming loud ever since the surcharge on water was introduced that it is nothing but a rip-off. Government did not want to listen and the European Commission preferred to listen to the Maltese Government rather than the Maltese voice of small businesses.

The facts are clear enough; the published accounts of the Water Service Corporation (WSC) showed one year after another that the electricity costs of the WSC in its function of producing water for consumption is only 28% of the total WSC costs. Then why charge the public the full surcharge on the entire water bill as well as on the entire electricity bill when the right ratio should have been 28%.

Now the rip-off has grown further. Water Services Corporation, it was confirmed at Malta Council for Economic and Social Development (MCESD) last Friday has succeeded to bring down the electricity content of its cost structure to 6%.

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