Consumer willingness to pay for domestic water services in Kelantan
The importance of woter to life connot be denied ond it Is the most precious substance among all of our notural resources. High rapid population growth and urbonization have increased the demond for water which is expected to undergo substantial changes in the future. Kelontan faces many problems...
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://psasir.upm.edu.my/id/eprint/21273/ http://psasir.upm.edu.my/id/eprint/21273/1/21273.pdf |
| Summary: | The importance of woter to life connot be denied ond it Is the most precious substance among all of our notural
resources. High rapid population growth and urbonization have increased the demond for water which is
expected to undergo substantial changes in the future. Kelontan faces many problems in the water sector. The
state lacks financial sources in order to improve its water supply coverage. There are numerous functions which
will support by water price itself in the industry and it requires in delivering a clean ond adequate supply to water
top. Cheap water rates may threoten heavy losses to the water provider who is expected to provide various
services to the community. This study utilizes Contingent Voluation Method (CVM) in order to derive consumers'
willingness to pay (WTP) for improved water services; and based on the WTP value obtoined, the aggregate
monetary benefits of improving water services for the consumers of Kelontan will be estimated. The estimated
meon WTP for improved domestic water services is RMO.596 applies on first 35m3 (i.e. 8.36% above the current
price). The findings offer policy recommendations to they address the numerous, serious water issues facing the
state. The appropriate woter toriff may help water provider to overcome the problems in providing better
services in the state. |
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