State Funding provided to Irish Water over the past 5 years is set out in following table:
Year
|
2014
|
2015
|
2016
|
2017
|
2018
|
Total
|
€m (to nearest)
|
900
|
495
|
836
|
1,200
|
1,100
|
4,531
|
The Irish Water Strategic Funding Plan 2019-2024 sets out Irish Water’s multi-annual strategic business planning funding requirement of €11bn to 2024, comprised of a €6.1bn investment in infrastructure and assets and €4.9bn in operating costs. This funding requirement will be met through a combination of non-domestic revenue including new connections revenue, domestic excess usage charges, non-domestic borrowings, government subvention and capital contributions.
Furthermore, Irish Water’s capital investment of over €8bn is projected over the lifetime of the National Development Plan 2018-2027.