According to
RTÉ
The proposed average water charge for a household will be €240 per annum, it is understood.
and
It is also understood that the Government will provide a subvention or funding of in excess of €500m to Irish Water per annum.
and according to the
CSO, there are 1,658,243 households in the state, making total projected revenue just shy of €400 million.
What happened to the idea that water charges were to be a money making exercise to satisfy the troika? Is it me or is this not going to lose the taxpayer €102 million a year while simultaneously costing every man, woman and child in the state close to €100 each?