AQW 21020/17-22


Mr Andrew Muir
Alliance Party
North Down


Tabled Date: 25/06/2021
Answered On Date: 05/07/2021
Priority Written: No


Question:
To ask the Minister for Infrastructure whether the £215m of capital funding allocated to NI Water in 2021/22 is sufficient to fully fund PC21 for this financial year.


Answer:
The Utility Regulator’s PC21 Final Determination outlines an investment requirement of some £2 billion capital funding for water and sewerage services over the six financial years from 2021/22 to 2026/27. This represents an increase of 102% compared to PC15.
The capital investment required each year is contained within the Price Control 21 Final Determination, as follows;
PC 21 Capital DEL
2021/22
2022/23
2023/24
2024/25
2025/26
2026/27
Total
£m
£m
£m
£m
£m
£m
£m
178.6
251.2
327.3
438.2
449.4
405.7
2050.4
My department has committed £215.6m Capital DEL for 2021/22. This represents full funding as determined by the Utility Regulator for 2021-22. I have also provided additional capital budget allocation to NI Water this year, to accelerate the delivery of PC21 projects, and to begin to address the issues of historic underinvestment in our water and sewerage service.