Water Meter Installation: Not As Free As Previously Suggested

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HOUSEHOLDS WILL pay an average of €39 per annum over 20 years to cover the cost of the loan from the National Pension Reserve Fund to install water meters in one million Irish homes.

Government sources confirmed yesterday the cost per household, based on the size of the NPRF loan, would work out at about €780, but that the cost would be levied as a standing charge over a period of two decades, in much the same way as such charges are already imposed by other utilities such as the ESB and Bord Gáis.

Oh, Joe Higgins is going to love this.

Households Face €39 Charge For 20 years On Water Meters (Irish Times)

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