Published Date: 23 Nov 2022

Sectors:
  • Water Icon
    Water

Irish Water Revenue Control 3 (2020-2024)

The CRU is today, 23rd November 2022, publishing a decision concerning an interim review of Irish Waters Revenue Control 3 (RC3). In a prior consultation paper (CRU202267) the CRU presented a framework assessment for assessing whether Irish Water required additional revenues, on top of those decided at RC3 (CRU19148 and CRU21093). The consultation paper sought stakeholder feedback regarding proposed mechanisms to address the shortfall in revenue and, separately, a detailed submission from Irish Water.

Having considered all stakeholder responses and after due deliberation of Irish Waters capex and opex submissions, the CRU has decided on the following approach:

• Irish Water will be granted access to €556m (2017 monies) of previously ring-fenced funds for diversion to its broader capex budget.
• Irish Water to be allocated an additional 2023 opex allowance of €137m (2017 monies) to address deficits caused by inflation and energy increases.

At the end of RC3, Irish Water’s investment and delivery performance will be assessed for value for money as part of the lookback process. Furthermore, the CRU is committed to the ongoing monitoring and assessment of Irish Water’s efficient capital investment and operational delivery during the RC3 period via the Investment Plan and Performance Assessment Framework monitoring programmes.

Also published alongside the decision paper is an updated RC3 revenue model and eight stakeholder responses to the consultation paper.

Contact Name:
CRU Water Division
Contact Email:
rc3@cru.ie

2022

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CRU2022977b An Foram Uisce Consultation Response - Irish Water RC3 Interim Review

2022

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CRU2022977d CCMA Consultation Response Submission to RC3 Interim Review July 2022

2022

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CRU2022977h Irish Water Capital Expenditure Submission to CRU202267 Consultation

2022

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CRU202267 Irish Water Revenue Control 3 Interim Review

2021

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CRU21108 CRU Decision Paper - RC3 Financial Incentives - (Non-Domestic Billing & Leakage)

2021

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CRU21108a Irish Water response to RC3 Incentives Consultation

2021

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CRU21108b AFU response to CRU RC3 Incentives Consultation

2021

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CRU21108c Kennedy Analysis response CRU RC3 Incentives Consultation paper

2021

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CRU21108d Responses to RC3 Incentives Consultation from 13 Individuals - Redacted

2021

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Letter from CRU to Irish Water - RC3 Controllable Operational Expenditure 2022 to 2024

2021

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CRU21096 Irish Water Submission – Revenue Control 3 (2020 – 2024) 2022 Opex Review – Impact of Ervia separation on IW costs

2021

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Information Note Irish Water RC3 Update Controllable Operations Expenditure

2021

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Irish Water Letter to CRU - RC3 Controllable Operational Expenditure 2022 2024

2020

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CRU20143 RC3 Financial Incentives (Non-Domestic billing and Leakage) - CRU Consultation Paper

2020

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CRU20085 Update to Irish Water’s Revenue Control 3 (RC3.5)– Irish Water’s Updated Capital Investment Plan

2020

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CRU20085b Scottish Water International Report (IW Investment and Delivery Review)

2020

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CRU20085c Addendum to Scottish Water International Report (IW Investment and Delivery review)

2018

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CRU18240 CRU Discussion Paper - Irish Water Revenue Control 3

2019

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CRU19148 Irish Water Revenue Control 3 Decision Paper

2019

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CRU19148a Irish Water Revenue Control 3 CRU Consultation Response Paper

2019

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CRU19148c Irish Water Capital Investment Plan 2020 - 2024 October 2019

2019

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CRU19148d American Chamber of Commerce Ireland Response to RC3 Consultation

2019

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CRU19148e An Fóram Uisce Response to RC3 Consultation

2019

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CRU19148f Carlow County Council Response to RC3 Consultation

2019

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CRU19148h Chambers Ireland Response to RC3 Consultation

2019

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CRU19148i Clare County Council Response to RC3 Consultation

2019

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CRU19148j Cork County Council Response to RC3 Consultation

2019

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CRU19148k DEBI IDA EI Response to RC3 Consultation

2019

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CRU19148l Dublin Chamber of Commerce Response to RC3 Consultation

2019

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CRU19148p Irish Water Response to RC3 Consultation

2019

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CRU19148q Kerry County Council Response to RC3 Consultation Paper

2019

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CRU19148r Kilkenny County Council Response to RC3 Consultation

2019

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CRU19148s Tigh Beag Response to RC3 Consultation

2019

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CRU19148t - Waterford County Council Response to RC3 Consultation

2019

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CRU19148u Wexford County Council Response to RC3 Consultation

2019

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CRU19148w Irish Water Submission Outputs and Outcomes

Round

2022

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CRU2022977e Chambers Ireland Consultation Response - Irish Water RC3 Interim Review