About Water Trading
To assist irrigators in trading water, we have set up a Voluntary Trading Register. The register is open to buyers and sellers and all negotiations are to be directly between the buyers and sellers. Harvey Water plays no part in trading or pricing water and asks traders to sign a Disclaimer which recognises this. It is optional for you to advertise a price although we do recommend that you advertise the volume you want to trade. Anyone can register at any time although trades cannot be processed until after the allocation for a season is decided, which is usually at the end of October each year.
The register is listed in potential volume order so that it is easier for buyers to match their volume requirements against that available. It is also separated by our three distribution areas: Collie, Harvey and Waroona.
Water Trading Register
Harvey Water suggests to irrigators that if you are not intending to use your water allocation, it is best to trade it with another irrigator who may be short. This allows a refund on some of your fixed water charges, allows efficient water use and potentially assists in securing our water allocation in the future. .This is because the Department of Water issues us a licence for our irrigation water, and closely monitor how much water allocation is unused at the end of each season. They then make a judgement as to whether irrigators really need all the water they have been allocated. There is the risk that Harvey Water will not have as much water in future if allocated water volumes are not fully used.
In past seasons irrigators who have wanted to buy water because they were short, have sometimes been unable to do so because they have not known who had more water than they needed and could potentially trade. To deal with this issue a resolution was passed at the 2003 AGM to change the company Articles of Association to allow the publication of limited details on water which might be tradeable. It was agreed that if on a 5 year rolling average, and taking into account restricted seasons, an irrigator did not use 75% of their TWE for either irrigation or trade, then they would have their contact details listed for access by potential buyers.
The publication of contact details does not compel the listed person to sell but is only to assist buyers know who they might approach. Any details of price or other trade conditions are matters to be sorted out between the buyer and the seller. Harvey Water will continue to only play the role it always has, which is to register the trade.
TO REGISTER SIMPLY CALL HARVEY WATER ON TEL 9729 0100 AND WE WILL SEND YOU AN AUTHORISATION FORM.