Committee considers Utility Regulator's decision on costs and efficiencies for Northern Ireland Water

The Northern Ireland Assembly Regional Development Committee today received the Utility Regulator's Final Determination for the period 2010-2013. Commenting on the publication, the Deputy Chairperson, Michelle McIlveen, said:

“The Regulator’s determination today sets out high level priorities for much needed investment in water and sewerage infrastructure, as well as operating costs and efficiencies for Northern Ireland Water to achieve over the next three years.

“It is a very detailed document and getting to the publication of this first price control determination has been a lengthy and complex process. The Committee will consider the document.

“At its meeting next week, the Committee will explore with the Utility Regulator, the Department for Regional Development and Northern Ireland Water, what the financial, operational and customer service implications are of the Regulator's decisions today.”

Ends