Oireachtas Joint and Select Committees
Tuesday, 21 January 2014
Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government
Estimates for Public Services 2014
Vote 25 - Department of the Environment, Community and Local Government (Revised)
4:40 pm
Phil Hogan (Carlow-Kilkenny, Fine Gael) | Oireachtas source
The savings will be €2 billion. The Irish Water funding model will yield a potential saving of €2 billion over seven years. This is based on a comparison between the projected funding under the transitional arrangements to 2021 and the Irish Water funding model and it reflects projections regarding potential customer revenue, the funds from third parties, the likely levels of State support and the efficiency gains. Comparing like with like, it is €2 billion over seven years.
No comments