‘Business Plan’ confirms that Irish Water is not viable – Stanley
The Sinn Féin spokesperson on the Environment, Brian Stanley TD has reiterated his claim that Irish Water is not viable. He was responding to figures which prove that Irish Water will not take in enough money over the foreseeable future in order to maintain the water services.
Deputy Stanley said;
“I have pointed out on several occasions that the projected income from domestic and commercial water charges will not be enough to cover the increasing costs of Irish Water. Indeed the income from charges over at least the next four years will not be enough to cover Irish Water’s planned investment in addressing leaks and other infrastructural deficits.
“From the initial proposal to establish Irish Water, I have said that the huge amount of money given to establishing the new entity, and in installing meters and paying consultants, should have been spent instead on addressing the problem of leaks and pipes.
“That would have proven to be far more cost effective that the current farce, whereby even with domestic water charges, the taxpayer will end up paying more for a clearly inadequate service that is only projected to be marginally improved by 2021.
“By that stage, Irish Water will have spent somewhere in the region of another €8 billion, with only a 10% reduction in leaks to show for it. It is surely time to abandon this farce and set about creating a proper water services, funded from general taxation, under public control.”