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Irish Water Funding

Dáil Éireann Debate, Wednesday - 30 September 2015

Wednesday, 30 September 2015

Questions (155)

Richard Boyd Barrett

Question:

155. Deputy Richard Boyd Barrett asked the Minister for the Environment, Community and Local Government if he will set out, in tabular form, the expected revenues from Irish Water in respect of domestic water charges for 2015, and for 2016; if he will provide details of the subventions to Irish Water from the Government for these years, indicating the sources of those subventions; and if he will make a statement on the matter. [33459/15]

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Written answers

The Irish Water funding model is set out in a detailed fact sheet published on my Department’s website. Irish Water expects billed income from domestic customers to total €271m in 2015 and €274m in 2016. Government funding is by way of operational subvention, loans and capital contributions. Specifically, the Government will provide €399m in operating subvention to Irish Water in 2015 and €479m in 2016. This subvention will be paid 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.

2015

2016

Domestic Billed Income

271

274

Government subvention excluding working capital loan to Irish Water

399

479

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