Oireachtas Joint and Select Committees

Wednesday, 24 September 2025

Joint Oireachtas Committee on Climate, Environment and Energy

Engagement with the Commission for Regulation of Utilities

2:00 am

Mr. Fergal Mulligan:

They were looking for approximately 18%. The reason for the increase of 9.8% is that it is an interim change of the price while we are working on a price control for the next five years, which has been delayed. The process involved is that the Government publishes a water services policy statement, the Minister approves an Uisce Éireann strategic funding plan and that plan is then submitted to us. The increase is a result of the output on the funding plan that has been approved by the Government. That plan, which is on our desks, outlines an amount of approximately €16 billion that will go into water and wastewater services. A significant proportion of that cost will have to be recovered from businesses. It is recovered through the regulatory framework. As a result of that framework, based on the cost of what is being delivered by Uisce Éireann, which is an enormous investment and a huge increase on previous years, as I say, up to €16 billion, is now reflected in a higher price.

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