Public Accounts Committee to review Uisce Éireann finances
The Public Accounts Committee will scrutinise Uisce Éireann's 2025 financial performance, focusing on a €31 million revenue reduction tied to unmet regulatory targets. The session will be held at Leinster House, assessing the utility's investment and operational challenges amid growing demand.
Source:
Oireachtas - Press Releases
•
⏱️ 2 min read
The Committee of Public Accounts convened on Thursday, 15 October 2026, to review Uisce Éireann's financial statements for 2025. Central to the discussion was a €31 million decrease in future revenues mandated by the Commission for Regulation of Utilities (CRU) due to the utility's shortfall in meeting objectives on water leakage reduction and non-domestic revenue collection.
The meeting took place at 10:30am in Committee Room 3 of Leinster House, with Uisce Éireann's Chief Executive Officer and Accounting Officer, Niall Gleeson, appearing alongside senior officials. Representatives from the Department of Housing, Local Government and Heritage were also present, as well as the Comptroller and Auditor General, a permanent witness to the Committee.
In 2025, Uisce Éireann received €1.243 billion in recurrent government subvention income and an additional €801 million in non-refundable capital contributions. The organisation reported approximately €1.8 billion in revenue and invested around €1.4 billion in water and wastewater infrastructure. The Committee explored the CRU’s assessment of underperformance during the 2020–2024 regulatory period, leading to the revenue adjustment. With pressures from population growth, climate change, and increased housing and economic development, the Committee also examined the sustainability and resilience of the national water network. Deputy John Brady, Committee Cathaoirleach, emphasised the importance of effective delivery and oversight, highlighting concerns over the CEO’s remuneration package and rising bonus payments within the organisation. The meeting was available to watch live via the Oireachtas website and smartphone app.
The meeting took place at 10:30am in Committee Room 3 of Leinster House, with Uisce Éireann's Chief Executive Officer and Accounting Officer, Niall Gleeson, appearing alongside senior officials. Representatives from the Department of Housing, Local Government and Heritage were also present, as well as the Comptroller and Auditor General, a permanent witness to the Committee.
In 2025, Uisce Éireann received €1.243 billion in recurrent government subvention income and an additional €801 million in non-refundable capital contributions. The organisation reported approximately €1.8 billion in revenue and invested around €1.4 billion in water and wastewater infrastructure. The Committee explored the CRU’s assessment of underperformance during the 2020–2024 regulatory period, leading to the revenue adjustment. With pressures from population growth, climate change, and increased housing and economic development, the Committee also examined the sustainability and resilience of the national water network. Deputy John Brady, Committee Cathaoirleach, emphasised the importance of effective delivery and oversight, highlighting concerns over the CEO’s remuneration package and rising bonus payments within the organisation. The meeting was available to watch live via the Oireachtas website and smartphone app.
2 views