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12/02/2010

Wilson Meets Regulator On Water

Stormont Finance Minister Sammy Wilson has held discussions with the Utility Regulator to consider how NI Water can improve its services.

The meeting with the Regulator, Iain Osborne and Utility Authority Chairman, Professor Peter Matthews focused on the recent publication of the NI Water and Sewerage Price Control Determination (PC10).

Speaking after the meeting, the Minister said: "This was a very constructive meeting where we discussed the recent publication of the first NI Water and Sewerage Price Control Determination. This will have a significant and positive effect on NI Water and Sewerage Service delivery."

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Mr Wilson stressed the need to ensure that the NI Water Company operate as efficiently as possible.

He continued: "Minimising NI Water’s operating costs will ensure value for money for both consumers and the public finances. Delivering the PC10 efficiency savings will ensure that water charging, when the DRD Minister brings his proposals to the Executive, will deliver the lowest possible bill to consumers."

(NS/BMcC)

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