Icon Water

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Icon Water Limited
Government-owned corporation
IndustryPublic utility
Founded1 July 1995 (1995-07-01)
HeadquartersCanberra, Australia
Area served
Australian Capital Territory
Key people
Dr Michael B Easson AM (Chairman),
John Knox (Managing Director)
ServicesDrinking water, wastewater, stormwater
RevenueIncrease A$308.4m (2016) [1]
Increase A$137.9m (2016) [1]
Increase A$122.3m (2016) [1]
OwnerACT Government
Number of employees
389 (2016) [1]
SubsidiariesIcon Distribution Investments Limited,
Icon Retail Investments Limited,
ActewAGL (50%),
Ecowise Environmental Pty Limited (50%)
Websitewww.iconwater.com.au

Icon Water Limited, trading principally as Icon Water, is a water and wastewater public utility that is an Australian Capital Territory-owned corporation. The company provides drinking water and wastewater services to the ACT. Icon Water is also a 50% owner of ActewAGL, a multi-utility provider of electricity and gas services in the ACT and south-east New South Wales. Icon Water Limited is also the owner of Bendora Dam, Corin Dam (further upstream), and Cotter Dam (further downstream). Water is pumped to Canberra via the Bendora Gravity Main. Icon Water operates, and maintains 48 service reservoirs, 25 pump stations and over 3,300km of water pipelines.

Icon Water Limited is wholly owned by the Government of the Australian Capital Territory, with the only voting shares being held by the Chief Minister and the Minister for the Environment and Heritage of the ACT.[2]

History and relevant legislation[edit]

The origins of the Icon Water Limited (previously ACTEW Corporation) go back to the Australian Public Service. The Australian Capital Territory Electricity Authority was established in 1962, with functions transferred from the Commonwealth Government to the ACT Government. In 1998, its functions were transferred to the Australian Capital Territory Electricity and Water Authority.

The ACTEW Corporation was established under the Corporations Act (Cth) in 1995 to take over the Authority’s functions. The company was given obligations under the Utilities Act 2000 (ACT), Water Resources Act 2007 (ACT), Environment Protection Act 1997 (ACT), Water and Sewerage Act 2000 (ACT) and the Public Health Act 1997 (ACT).[3]

In October 2000, ACTEW Corporation joined with the Australian Gas Light Company (AGL) to form ActewAGL to jointly provide electricity and gas services in the ACT and south-east New South Wales.[4]

In 2000, ACTEW Corporation entered into a contract with ActewAGL for the management and operation of the water and sewerage network of the ACT and surrounding area. The contact was not renewed in June 2012.[3]

On 4 May 2015, ACTEW Corporation was renamed Icon Water Limited. The reasons given for the change were brand confusion with electricity and gas supplier ActewAGL, the name ACTEW no longer being relevant in the company's operations, disconnect between the company's origin and future.[5]

See also[edit]

References[edit]

  1. ^ a b c d Icon Water Limited - Annual report to the ACT Government 2015−16
  2. ^ https://www.iconwater.com.au/About/Who-are-we.aspx
  3. ^ a b "Who are we?". Icon Water Limited. 2015. Retrieved 28 November 2015.
  4. ^ Wright, B. (2003). Canberra & the Capital Region, a new focus. NSW: Focus Publishing Pty Ltd.
  5. ^ "A new chapter". Icon Water Limited. 2014. Retrieved 28 November 2015.

External links[edit]