CPC ANNUAL REPORTS

The CPC Annual Reports are available to download

2010 Annual Report
2011 Annual Report


2011/12 Peak Period Expanded Delivery Notification

As previously stated in the June 2011 Newsletter, CPC is investigating options for extending its high flow operational capacity to determine whether additional flow rate can be delivered during high demand periods to the advantage of all its shareholders.

CPC has now completed the review and wishes to advise that all irrigators will be able to access an additional one third flow rate and volume for the coming CPC Peak period (1 November 2011 - 31 March 2012). Please note that these arrangements apply only for the 2011/2012 season.

Accessing this higher flow rate using your existing volume will not attract any additional charges, however, in the event you use additional volume above your contracted volume, this will be charged at the prevailing Peak delivery rate of $180 per ML (Langhorne Creek) or $240 per ML (Currency Creek).

For Example: If you currently have 100ML of Peak contracted with CPC at a flow rate of 7.72 l/sec, under the 2012 revised arrangements, you would be able to draw up to 26.66 ML (instead of 20.0 ML) per month during Peak at 10.30 l/sec. If this volume was taken over each of the five (5) months of the Peak period, you would have drawn about133.33ML and would be charged the Peak delivery rate for all of this water drawn. Alternatively, if at the end of the Peak season you have taken only 95ML you will only charged for 5ML of non-take, not 38.33ML.

It is further proposed that a portion of the revenue CPC earns from supplying additional volumes to CPC customers will be used to reduce the aggregate Peak non-take charges payable by all users (i.e. CPC will not be charging its customers twice for the same flowrate).

To achieve the expanded volumes and flowrate, CPC may be required to make some modification to your connection point. Any major upgrading required will be at the customers cost, alternatively if you do not wish to access the additional volume and flow rate please notify the CPC office. It should be noted that flows are available at your CPC connection point but, if your infrastructure is inadequate to take the additional flow rate you may not be able to utilise the expanded option.

Whilst CPC will endeavour to supply the expanded flows for the entire Peak period 24 hours a day, 7 days a week due to unforeseen circumstances such as power outages and breakdowns these expanded delivery conditions cannot be fully guaranteed. As in previous seasons all customers will be kept updated via SMS or email should any of the above mentioned conditions come into play during the period.

Each customer will soon receive a notification slip as per the example below with your individual details mailed to you shortly.

Customer Number: CPC 456
Your current CPC contracted Peak capacity is 100 ML at a continuous flow rate of 7.72 l/sec
Your expanded volume for the 2011/12 Peak season is 133.33 ML at a continuous flow rate of 10.30 l/sec
Your new expanded monthly take through 2011/12 Peak is 26.66 ML you must not exceed this volume.

If you do not receive your personal notification or have any question regarding this notification please contact me at the CPC office on 08 85373 266
Regards
Mike Reynolds
General Manager
The Creeks Pipeline Company



C . P . C
THE CREEKS PIPELINE COMPANY LIMITED
Established 2009
P O Box 99, Langhorne Creek SA 5255
Emergency: 0427 778080 - Office: 08-85 373 266 - Fax: 08-85 373 061
ACN: 133 867 197

Fees for 2011/2012 and a Rebate for 2010/2011

In reviewing the company performance for this financial year and setting fees for the 2011/12 year, the CPC Board has taken into consideration the environmental circumstances that have impacted customers this year. In acknowledging these difficult circumstances, the Board has decided to reduce and/or defer allocations to the Infrastructure Replacement Reserve for 2010/2011 and 2011/2012.
In implementing this decision, the Board has determined to pay the following rebate on 2010/2011 fees and reduce certain prices for 2011/2012 as follows:-
Rebate for 2010/2011
In respect of the year ended 30th June 2011, the Board has decided to make a one off rebate equivalent to 40% of the total amount paid by customers with respect to the 2010/2011 Peak season. This will be processed as a credit to your CPC account.
For example:
If you paid Peak water delivery charges of $10,000 for the five months 1st Nov 2010 - 31st March 2011, a credit of $4,000 will be processed to your account in late June 2011.
It should be noted that 2010/2011 Non Take charges will also be due at this time. Should the rebate be a larger amount than the outstanding Non Take charges, any credit will be carried forward until utilised.
Fees for 2011/2012
Fees in 2011/2012 will be as tabled below. Reductions have been made in both Langhorne Creek and Currency Creek ‘Take’ fees whilst ‘Non Take’ fees remain unchanged from 2010/2011.

CPC Water Delivery Charges (GST exclusive) 2011-2012

Langhorne Creek (KL)

Peak Rates 2011-12                                    18.0 cents  Down 4.5 cents
Peak Non Take Rates 2011-12                    10.0 Cents No change
Off Peak Rates 2011-12                                8.0 cents No change             
Off Peak Non Take Rates2011-12                3.0 cents  No change

Currency Creek (KL)   

Peak Rates 2011-12                                   24.0 cents Down 11.0 cents    
Peak Non Take Rates 2011-12                  10.0 cents No change                     
Off Peak Rates 2011-12                              9.5 cents  No change            
Off Peak Non Take Rates 2011-12              3.0 cents   No change

The rebate in 2010/2011 and the reduction in fees for 2011/2012 has been possible by deferring allocations to the Infrastructure Replacement Reserve for those years. Customers should note that it will likely be necessary to recommence allocations in 2012/2013 to ensure the Company’s infrastructure remains fully functional well into the future. This will more than likely result in future fee increases.
If you have any enquiries regarding these matters please do not hesitate to contact me.

Regards,
Mike Reynolds, General Manager