Annual report

Barwon Water delivered its largest capital works program in 13 years, as it upgraded and expanded its asset base to cater to the region’s growing population.

The $158.1 million investment in infrastructure was the biggest since 2011/12, our 2024/25 Annual Report shows.

Amid significant economic challenges, this investment and operating costs were balanced with a $29.4 million net surplus.

In a joint message, then-Chair Jo Plummer and Managing Director Shaun Cumming said the year was marked by rainfall well below average, with some areas experiencing their driest conditions in 86 years.

“The resulting decline in inflows to our storages posed a challenge, particularly for the closed system in Apollo Bay, which required water restrictions to safeguard supply,” they said.

“However, long-term investments in our interconnected water network – including the Melbourne to Geelong Pipeline and the Geelong to Colac Pipeline – enabled us to shift water to where it was needed, helping us avoid restrictions in our two largest cities.”

Low storage levels led to the Melbourne to Geelong Pipeline (MGP) operating at maximum capacity throughout most of 2024/25.

To help meet future demand, infrastructure works to increase the capacity of the MGP from 16,000 to 22,000 million litres per year commenced and will be completed in 2025/26.

Annual Report 2024–2025 (PDF 12.8 MB)

For an accessible version of the annual report, please contact us.

The year in numbers

  • $3.9 billion – in total assets
  • 200 million – litres of water delivered to the Moorabool River and Durdidwarrah Wetland, supporting Wadawurrung values and environmental outcomes
  • $158.1 million – invested in infrastructure
  • 34.2 million – litres of water saved by 112 schools participating in our Schools Water Efficiency Program
  • $834,840 – in government utility relief grant scheme payments made to customers (up 80%)
  • $576,416 – in grants (up 24%) allocated to 4,778 customers
  • 145 - in-class school and kindergarten water literacy sessions
  • 100 – per cent of electricity supply sourced from renewable energy
  • 37 – per cent below average rainfall for the Moorabool Catchment
  • 1 - Finished the year ranked No. 1 in Victoria for value for money, trust, reputation in the community and overall satisfaction. (Source – Essential Services Commission)

Consultancy expenditure

In 2024/25 we engaged 80 consultancies where the total fees payable to the consultants were greater than $10,000, with a total expenditure of $8,614,984 (excl. GST). To view a full list of the consultancy expenditure for the 2024/2025 financial year, please open the accordion below.