Written answers
Tuesday, 2 May 2017
Department of Housing, Planning, Community and Local Government
Irish Water Funding
Michael Healy-Rae (Kerry, Independent)
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482. To ask the Minister for Housing, Planning, Community and Local Government the cost to the State of Irish Water since its establishment; and if he will make a statement on the matter. [20106/17]
Simon Coveney (Cork South Central, Fine Gael)
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State funding provided to Irish Water since its establishment in 2014 has been in the form of operating subvention, capital contribution and replacement revenue as follows:
| State Funding of Irish Water | 2014 €m | 2015 €m | 2016 €m |
|---|---|---|---|
| Operating Subvention | 439 | 399 | 479 |
| Capital Contribution | 239 | 222 | 184 |
| Replacement Revenue (in lieu of the suspension of domestic water charges) | - | - | 123 |
| Working Capital Loan (converted to subvention in light of the suspension of domestic water charges) | - | - | 50 |
| Total | 678 | 621 | 836 |
In addition to the above, a grant of €0.57m was provided to Irish Water in 2013 to fund the cost of a pilot study in relation to Phase 2 of the Water Metering Programme which was targeted at metering those properties that were not meterable in the Phase 1 Programme.
Separately, loan finance has been provided to Irish Water by the National Pension Reserve Fund/Irish Strategic Investment Fund.
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