Ms Yvonne Harris:

It is called the shared quotable rebate. It means that the developer can be entitled to a rebate within a ten-year period but he or she must still fund upfront. There was an option around reasonable cost reduction that would see the cost of the infrastructure reduced or at least have a rebate in the early days of the payment but the regulator has recommended and proposed the shared quotable rebate which is similar to the electricity model. From a national utility perspective, both models would be the same.