Irish Water Its not fair to compare us to 25yearold UK utilities

first_imgTherefore these utilities are 25 years ahead of Irish Water and have already achieved the very efficiencies that Irish Water has been established to achieve but it has taken 25 years to do it – so comparing the two at this stage is not a like for like comparison. However it does demonstrate one of the reasons why IW has been established – a utility model delivers cost savings.Irish Water added that it “strongly refutes statements” made by some commentators on the issue as it is “widely known” that costs are scrutinised by an independent regulator.As part of proposals put forward by the CER two weeks ago, the commission said it would be keeping a close eye on Irish Water costs and proposed an overall reduction in allowed revenue of 8.2%.Read: Fianna Fáil attacks “gold-plated bonus culture” at Irish Water as costs are revealed>More: ‘If you install a water meter at our house, we will remove it’> IRISH WATER HAS hit back at a report that said its running fees would be twice that of UK counterparts.The Sunday Business Post cited a report from a consulting firm which found projected costs would be double that of similar companies – something that was harshly criticised yesterday.In a statement released today, however, Irish Water said it has been established to “increase efficiency, reduce costs and delivery improved water services to customers”.“Water services have suffered from under investment for decades and seven months in, Irish Water has already made proposals to the CER as to how significant efficiencies can be achieved,” it said.The company said that based on the Commission for Energy Regulation (CER) proposals, published two weeks ago, it will have to achieve about €1.4 billion in operating and capital expenditure efficiencies by 2021.As part of the price control process, Irish Water said it has been compared to UK utilities that are over 25-years-old.last_img read more

Ferguson to be under curfew for the second night

first_imgSource: CNN/YouTubeTHE RIOT-HIT US town of Ferguson, Missouri, will have a curfew in place again tonight, it has been announced.The St. Louis Post-Dispatch said the curfew would run from midnight to 5:00 am (0500 to 1000 GMT) in the St. Louis suburb, as it had the night before.Further details were expected at a public briefing later today.Last night’s curfew ended with seven arrests and a shooting – not by police- after officers used tear gas and armoured vehicles to disperse protesters. People defy a curfew before smoke and tear gas was fired to disperse a crowd protesting the shooting of teenager Michael Brown last Saturday in Ferguson. Source: AP/Press Association ImagesProtests have been ongoing since 9 August, when unarmed black teenager Michael Brown was shot by a police officer.Crowds chanted “hands up! Don’t shoot” as the marched through the St Louis suburb last night.Governor Jay Nixon had declared a state of emergency and a curfew after rioting and looting reignited on Friday after police named the responsible officer as Darren Wilson, a six-year veteran of the force.Meanwhile, U.S. Attorney General Eric Holder asked federal authorities to have a federal medical examiner perform a second autopsy on Brown as soon as possible because of “extraordinary circumstances involved in this case and at the request of the Brown family,”.Read: Police fire smoke and tear gas at defiant Ferguson protesterslast_img read more