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Cuts would not compromise service | |
(about 1 hour later) | |
The Utility Regulator has said the the cuts in spending it has proposed for Northern Ireland Water could be met "without compromising services". | |
Iain Osborne suggested savings of 11% and told the government-owned company more efficiencies are needed. | |
On Thursday, NI Water was told it must cut spending by £135m after the regulator studied its business plan for 2010-2013. | |
NI Water said it was considering the regulators proposals. | |
Mr Osborne said NI Water had experienced "decades of neglect whilst it was being run as a government department" and that it did not compare favourably to water companies in the rest of the United Kingdom. | |
"There is a huge gap. It is half as efficient," he said. | |
"The operating cost base is double the best companies in the UK. We don't expect it to snap instantly into being the best in the UK. It is going to be a long job of focused management attention. | |
"We are not proposing they do fewer projects, we are proposing they do more projects, but do them efficiently." | |
'Head start' | |
NI Water Chairman Chris Mellor said he realised there was a gap to be closed. | |
"NI Water was only set up as a company two and half years ago. Companies in England and Wales have had a 17 year head start," he said. | |
"We've made significant progress over the last two and a half years. We've delivered the best drinking, waste quality water ever last year in the history of Northern Ireland. | |
"We will have saved this year £1 in every £4 compared to the equivalent operation when it was run as a government service." | |
The SDLP's Tommy Gallagher welcomed the proposed cuts in spending. | |
Mr Gallagher, who sits on the Regional Development Committee, said there was a legacy of underinvestment in water but the cut was "good news" for consumers. | Mr Gallagher, who sits on the Regional Development Committee, said there was a legacy of underinvestment in water but the cut was "good news" for consumers. |
"The reason is not hard to find - 30 years of underinvestment in water and sewerage infrastructure," he said. | "The reason is not hard to find - 30 years of underinvestment in water and sewerage infrastructure," he said. |
"This was the legacy left to our devolved institutions by direct rule." | "This was the legacy left to our devolved institutions by direct rule." |
The Utility Regulators said its proposals would create a better service for consumers. | |