Oireachtas Joint and Select Committees

Tuesday, 28 September 2021

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Water Services Separation Bill 2021: Department of Housing, Local Government and Heritage

Mr. Feargal Ó Coigligh:

We are looking at those costs but we have not settled on a final figure. This is an open question. Experience will tell, but it could be in the region of €10 million per annum. That is the cost that has been identified to the Commission for Regulation of Utilities, CRU, for its determination of the final costs that will occur for Gas Networks Ireland, GNI, and Irish Water as we go forward. That is the cost between the two in the context of a company that will expend more than €1.5 billion per annum in operational and investment costs.

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