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Water Charges Yield

Dáil Éireann Debate, Tuesday - 10 February 2015

Tuesday, 10 February 2015

Ceisteanna (590, 600)

Michael McGrath

Ceist:

590. Deputy Michael McGrath asked the Minister for the Environment, Community and Local Government the additional revenue that Irish Water will accrue as a result of householders who did not sign up by 2 February 2015 being subject to a flat charge of €260; and if he will make a statement on the matter. [5954/15]

Amharc ar fhreagra

Brian Stanley

Ceist:

600. Deputy Brian Stanley asked the Minister for the Environment, Community and Local Government if the rate of compliance is factored into the figure of €271 million provided last week by him as the amount projected to be collected through domestic water charges; and the estimated rate of compliance. [6044/15]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 590 and 600 together.

Irish Water's costs in the coming years will be funded through a mix of revenue from the domestic and non-domestic sector, third party finance and State support which may be in the form of both equity and subvention.

The Government decisions on levels of funding and the approach to free allowance were informed a high level financial model prepared by NewERA, which was based on inputs provided by my Department and Irish Water. This model envisages that the total amount to be billed to domestic customers in 2015 will be approximately €271 million, which factors in properties with only one service and holiday homes. Irish Water’s revenue forecasts are based on the expected occupancy, based on Census 2011 data, and expected consumption patterns based on surveys associated with metering.

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