Page last updated at 05:46 GMT, Wednesday, 9 April 2008 06:46 UK

Regulator investigates NI Water

Dripping tap
It is thought the error will result in a 20m shortfall per year

Northern Ireland Water is under investigation over how it handled information about proposed water charges.

The investigation by the Utility Regulator is focused on information about the amount of money the company raised from non-domestic customers.

In February, NI Water admitted it had made a miscalculation in its projected revenue.

The shortfall is estimated to be 13m this year and 20m next year.

In a statement, Northern Ireland Water said it would co-operate fully with the regulator.

"We have been carrying out our own review which is nearing completion and we will be briefing the minister, the regional development committee and the regulator in due course," the company said.

The regulator's report will be produced by the end of May 2008.

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