Eleven companies are currently specified as public utility undertakings. These are 2RN, BT Communications Ireland Limited, Eircom Limited, Eirgrid, ESB Networks, Gas Networks Ireland, Iarnród Éireann, Eir Mobile, Three Ireland (Hutchison) Limited, Virgin Media Ireland Limited and Vodafone Ireland Limited.
The basis of valuation of all rateable property throughout the State is “Net Annual Value”, as defined in section 48 of the Valuation Act. This applies to both public utility undertakings valued on a global basis and conventional rateable properties such as shops, offices and industrial facilities operated by other businesses.
If dissatisfied with the valuation of a public utility undertaking, there is a right of appeal to the Valuation Tribunal which may be exercised by the utility, a rating authority or the Minister for Housing, Planning and Local Government. The Tribunal is an independent body set up for the purpose of hearing appeals against determinations of valuation made by the Commissioner of Valuation. There is a further right of appeal to the Higher Courts on a point of law.
The global valuation is apportioned pursuant to section 53(6)(a) of the 2001 Act, between each of the rating authorities in whose areas property comprised in the valuation is situated. The apportionment is proportionate and is expressed as a percentage of the total population taken under the last published census of population.