Dáil Éireann Debate, Wednesday - 20 September 2017
799. Deputy Richard Boyd Barrett asked the Minister for Housing, Planning and Local Government the proposed figures for investment in repairing and upgrading the water infrastructure over the coming three years. [39783/17]
View answerThe Irish Water Business Plan 2014-2021 forecasts €5.5 billion in capital expenditure over the period. It is anticipated that €2.2 billion will be spent by the end of 2017, leaving some €3.3 billion to be invested to the end of the Plan period. The Commission for Energy Regulation has approved the capital spending for the current regulatory period to end 2018 and the 2019-2021 regulatory period is being re-profiled in the light of investment to date.
Arising from recommendations of the Joint Oireachtas Committee on the Future Funding of Domestic Water Services, a new funding model is being put in place for Irish Water. This will involve the State funding the cost of domestic water services. The requirements for 2018 to 2021 are being finalised in the context of the 2018 Estimates and the Capital Plan.
