HARD WORKING: Jim Soorley’s director’s fee is only “approximately one-third” of $300,000.
HARD WORKING: Jim Soorley’s director’s fee is only “approximately one-third” of $300,000. Cade Mooney

Unitywater boss: Here’s the truth on the price of water

COMMENT BY GEORGE THEO: YOUR letter, Who can we trust for the water truth?, (Daily, September 18) contains a number of inaccuracies.

To allay the author's fears regarding the rumour of peak water pricing, our chairman Jim Soorley has categorically stated that approach to pricing was designed for electricity to help manage peak demand and would be inappropriate for the water industry.

For the record, Mr Soorley's exact comments were: "I want to make it crystal clear that this is not an option for us. It is not suitable for water, it would cost a fortune and it is simply not going to happen."

RELATED: LETTER OF THE DAY: Who can we trust for the water truth?

The letter also suggested Mr Soorley was "CEO and recipient of a generous $300,000 annually". This is entirely incorrect.

Jim Soorley is chairman of Unitywater and his director's fee is approximately one-third of that amount.

Our chairman and the rest of our highly experienced, hard-working, skills-based board members are remunerated in line with similar utility organisations nationally.

As reported in the same issue of the Daily, we have announced significant savings for senior citizens with almost 80% of retirement villages in our service area set for a reduced water bill.

As part of Unitywater's Participation Agreement, we have also returned millions to the Moreton Bay, Sunshine Coast and Noosa councils.

GEORGE THEO

Unitywater CEO


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