Paying for water services: The conundrum of how to fund investment
It is almost a year since the expert commission on the funding of domestic public water services published its recommendation that services should be funded from general taxation — a conclusion that was welcomed and rejected with equal zeal.
Business groups in particular were doubtful the right call was made. ISME stated categorically: “There is simply no way that the required €13bn of capital expenditure identified by Irish Water will be paid for through general taxation.”
