Written answers

Thursday, 21 April 2016

Department of Environment, Community and Local Government

Irish Water Expenditure

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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120. To ask the Minister for Environment, Community and Local Government if, regarding the planned infrastructural investment by Irish Water of €4 billion over the period 2016-2021, he will provide a breakdown of the annual State expenditure from the €4 billion over the relevant years and the intended source of funds for the €4 billion. [7833/16]

Photo of Alan KellyAlan Kelly (Tipperary, Labour)
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Irish Water’s capital investment in the period 2016 to 2021 will be funded by a mix of debt and equity (including capital transfers from Government), with the investment programme for the period after end 2016 being subject to future review by the Commission for Energy Regulation, and Government funding being subject to future budgetary decisions. Irish Water’s detailed business plan for the period 2015 to 2021 is available at.

Irish Water's costs are funded through a mix of revenue from the domestic and non-domestic sector, third party finance (including bank lending and capital markets facilities) and State support which may be in the form of both equity and subvention. The main aspects of the Irish Water funding model are set out in a detailed fact sheet published on my Department’s website at

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The capital contribution agreed by Government for Irish Water in 2016 is €184m and this has already been paid to Irish Water to support its increased investment in public water services infrastructure. In addition, the Government is providing €479m in operating subvention to Irish Water in 2016. This subvention is in respect of the child allowance of 21,000 litres per child per annum, a product subsidy and the capping of domestic water charges at the rates set out in the Water Services Act 2014.

Provision has also been made for the issue of a working capital loan of up to €58m in 2016 to cover cash flow requirements arising from time lags between billing and payment.

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