Oireachtas Joint and Select Committees

Tuesday, 11 February 2014

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Standards of Service in Water Supply: Irish Water and CER

3:30 pm

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

If I may cut to the chase. Irish Water will have roughly €200 million from non-domestic customers which is less than 60% of the overall and €490 million subvention from the Exchequer - I just want to clarify this - which came through from the local property tax and €240 million for capital works provided for in the budget. It will have roughly €125 million from water charges - if everyone pays - for quarter year because the billing will be for October to December. That comes to €1.055 billion. Does Mr. Tierney agree with those figures? A subvention of €490 million from the Exchequer; €240 million from the Exchequer for capital works; approximately €200 million from commercial water rates; €125 million from domestic water charges which will be collected in January 2015. Are these figures correct?

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