This document explains how increases in estimated unit prices due to a budget change will affect existing equity members.

When estimated unit prices increase, equity households must maintain a minimum investment equal to 5% of the new estimated unit price. This 5% amount is usually referred to as Bucket 1. Households which currently have equity in excess of the new 5% amount (i.e. they have Bucket 2 investments) will have enough equity reallocated from Bucket 2 to Bucket 1 to cover the increased amount. This reallocation will take place on the day the new unit prices are consensed upon.

Households which do not meet the new 5% requirement after all Bucket 2 investments have been reallocated (or who had no Bucket 2 investments to begin with), will be required to invest a sufficient amount to meet the new Bucket 1 requirement within 30 days of the date the new unit prices are consensed upon.

No interest earned on money that was previously allocated Bucket 2 will be lost, but interest will not continue to accrue on the reallocated amounts, only on amounts remaining in Bucket 2.

All members will still have the opportunity to make special payment arrangements in consultation with the finance team.