Water tanks prices are set to rise in the coming months due to the increase in fuel ,transport and raw material costs. Many manufactures have been absorbing price rises in these areas for some time now but with the onset of the slowing economy and tank sales down, many suppliers will now be forced to increase water tank prices.



Recently, the interest in rainwater harvesting has grown. People around the world are aware of how important it is to store the surface runoff water to meet the demand for this precious and natural resource by the growing world population.

The technique that has been highlighted again is that of rain water harvesting. This technique is not new and people have been effectively storing rain water down the ages, in fact right from biblical times.

Here in Australia we have only just recently come out of an extended drought period with many parts still suffering the economic and environmental effects. The effect of the drought in rural areas has filtered down to the urban areas with many of Australia's capital cities now affected by strict water restrictions.

Water restrictions are now something every home owner will have to get accustomed to as population growth and global warming stretch our ever precious water reserves.

A few years ago many local governments introduced a water tank rebate which still continues today. The government is constantly reviewing the rebate and are set to announce a revises rebate soon, which will greatly benefit the consumer.

The rebate was introduced to try to encourage the consumer to take responsibility for their own non essential use of potable water. It is far easier and cheaper for the government to make everyone get rain water tanks than for them to build new dams, not to mention better for our environment and not flooding so much precious land and forests and altering the natural flow of rivers.

There are now regulations in place for new developments to install water tanks as part of their basic requirements and in some states local authorities have introduced regulations for pool owners.

In some areas you have to install a rainwater tank if you build a new pool as a top up supply to combat evaporation.

The introduction of the water tank rebates sparked a boom in the rainwater tank industry with many now global warming conscious people jumping on the environmental band wagon and installing a water tank. This has seen a huge rise in water tank manufacturing companies on the east coast of Australia trying to cope with the demand driven by the new urban market.

The water tanks market has now been flooded with tanks and under cutting within the market is now prevalent. Great for the consumer but not for struggling manufactures. Many manufacturers and resellers have now closed the doors due to too much competition but all the low prices experienced by consumers over the past few years are set to rise with fuel and raw material prices rising dramatically over the last few months.

If you are contemplating investing in water tank now is the time to act and do some research. Put it off for too long and you will be paying allot more very soon.

Many of the major manufactures have been warning of price increases soon. When it will happen is anyones

guess, but when one company takes the first set the others will be sure to follow.