There are multiple cost benefits for developers in choosing Flow as their water utility, including dramatically reducing infrastructure costs, speeding up land release by 12 months, removing risk and improving internal rates of return.
With Flow, developers improve their IRR through:
- Reduced lead-in infrastructure costs
- Earlier property release and therefore faster property sales
- Higher property values as a result of a sustainable water solution
- Private local water solutions are reducing costs for connections to existing centralised systems for developers by as much as 50 percent.
- Developers can also save time and money on planning and DA requirements because Flow obtains all relevant approvals.
- Streamlining approvals
As part of the creation of a local water utility, Flow manages and obtains all relevant approvals required, saving time and money for developers.
Approval processes differ depending on the State. In NSW, the Water Industry Competition Act (WIC Act) NSW 2006 requires both a Network Operator’s license and a Retail Supply license, enabling the private utility to build, construct and manage water infrastructure and retail services directly to customers. The WIC Act promotes innovation and the roll out of more recycled water initiatives across the State.
When you consider developers spend up to 24 percent of total development costs on water and sewage solutions, a 50 percent saving is significant and can ensure the viability of a project.
Flow develops recycled water systems that harvest wastewater from homes, offices and shops. Our systems convert wastewater into a resource through purification processes, returning the highest Australian standard crystal clear recycled water back into homes, offices and shops.
Our systems use pressure sewers and local infrastructure avoiding:
- Costly large-scale gravity sewers
- Costly sewage treatment plant and infrastructure upgrades
- Costly underground tunnelling and installation of pipes
- Risks of infrastructure access over multiple land holdings
- Land release delays of more than 12 months
This is made possible because our sustainable water network:
- Can be rolled out faster than publlic utility infrastructure
- Avoids negotiating with multiple land owners for infrastructure access
- Avoids lengthy bureaucratic approvals processes
Flow local sustainable water communities are recognised for BASIX certification. That means homeowners and house builders do not need rainwater tanks to achieve BASIX certification.
By connecting to our local recycled water network, homeowners can save on the installation of a rainwater tank system.
NSW Planning’s proposal to increase BASIX from 40 to 50 will require larger rainwater tanks, encroaching on block size and escalating costs.
By choosing Flow local sustainable water system, no rainwater tanks are required at all, avoiding these additional costs.