Dáil Éireann Debate, Tuesday - 25 October 2016
249. Deputy Eoin Ó Broin asked the Minister for Housing, Planning, Community and Local Government the amount of Irish Water's 2017 capital programme which will come from Exchequer funds; and the amount which will come from borrowing by Irish Water. [31650/16]
View answerThe Programme for a Partnership Government reflects the overall commitment to Irish Water's capital investment of €5.5 billion to end of 2021, as set out in Irish Water's Business Plan 2014-2021. The investment programme for the period 2017-21 will be subject to review by the Commission for Energy Regulation (CER), and any Government funding will be subject to future budgetary decisions.
On 30 September 2016, the CER published its consultation on the level of Irish Water's allowed revenue, including proposals on operational and capital budgets, for the 2017 and 2018 period with a view to a final decision being made by the CER in Quarter 4 2016. A copy of the CER's consultation paper is available on its website, www.cer.ie.
The Government's capital contribution for Irish Water in 2017 is €270m which was agreed as part of Budget 2017. The balance of Irish Water's capital investment is being supported through borrowing.
