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Irish Water Funding

Dáil Éireann Debate, Tuesday - 2 May 2017

Tuesday, 2 May 2017

Ceisteanna (482)

Michael Healy-Rae

Ceist:

482. Deputy Michael Healy-Rae asked the Minister for Housing, Planning, Community and Local Government the cost to the State of Irish Water since its establishment; and if he will make a statement on the matter. [20106/17]

Amharc ar fhreagra

Freagraí scríofa

State funding provided to Irish Water since its establishment in 2014 has been in the form of operating subvention, capital contribution and replacement revenue as follows:

State Funding of   Irish Water

2014

€m

2015

€m

2016

€m

Operating Subvention

439

399

479

Capital Contribution

239

222

184

Replacement Revenue  (in lieu of the suspension of domestic water charges)

-

-

123

Working Capital Loan (converted to subvention in light of the   suspension of domestic water charges)

-

-

50

Total

678

621

836

In addition to the above, a grant of €0.57m was provided to Irish Water in 2013 to fund the cost of a pilot study in relation to Phase 2 of the Water Metering Programme which was targeted at metering those properties that were not meterable in the Phase 1 Programme.

Separately, loan finance has been provided to Irish Water by the National Pension Reserve Fund/Irish Strategic Investment Fund.  

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