GROUND WATER
Ground water is a valuable resource available to enhance and secure water supplies and can be traded on a temporary or permanent basis.
-
Temporarily transferring a licence allows existing license holders to maximise the value of their licence by trading their unused entitlement for an agreed period.
-
Trading provides the opportunity for other licence holders in compatible trading zones to access additional water.
-
Permanent transfers provide existing licence holders with the opportunity to maximise the value of their licence by selling either the whole licence or a portion of the licence if they do not intend to use the full volume of water entitlement in the future.
-
Permanent transfer provides other water users with the ability to purchase water entitlements in areas where new entitlement is not available.
Ground water trading is different to surface water with some restrictions to movement, availability, salinity and use, just a part of the assessment processes. Call the Water Partners team for more information and we can assist you through the process.