 |
|
|
|
| Facilities License |
License issued by SPAN to owner of water assets |
|
|
| Service License |
License issued by SPAN to water service providers. With the enactment of WSIA, water operators need to have the Service License to operate and maintain water assets. |
|
|
| Non-revenue water (NRW) |
Water that has been produced and is “lost” before it reaches the customer. Reasons for losses include leaks, theft or metering inaccuracies. High levels of NRW are detrimental to the financial viability of water companies because NRW are not billable, as well to the quality of water itself. |
|
|
| Water services industry |
Encompasses both water supply and sewerage services |
|
|
| Water tariff |
Water rates charged to consumers, normally by per cubic meter. Currently, the water tariffs in Malaysia vary from state to state.
|
|
|
| SPAN |
Suruhanjaya Perkhidmatan Air Negara or National Water Services Commission, is the technical and economic regulator of Malaysia ’s water services industry |
|
|
| Full-cost recovery |
Revenue generated equals or exceeds the operation expenditure and capital expenditure of water companies. |
|
|
| CAPEX |
CAPEX or capital expenditure is the cost to build a system. In the water industry, it relates to mostly cost involved in building new water assets such as a treatment plant, a reservoir, new water mains and pipes. |
|
|
| OPEX |
Operational expenditure is the on-going cost/ day-to-day expenses for running a business. Such expenses include electricity costs, staff costs and rental. |
|
|
|
| |
| |
