Irish Water CEO John Tierney has said the company spent €50m on consultants last year.
However, he said that amount of money would not be spent this year.
Mr Tierney said that as Irish Water establishes itself as a business it will have very limited expenditure on consultants because it will have hired in the expertise.
He said there have been very few applications from those working in utilities in Northern Ireland because salaries in Ireland are far lower than those in other countries.
A decision on the final amount to be charged for water rates will be made by the end of August.
The proposed charge will be assessed by the Commissioner for Energy Regulation who will then hold a public consultation on the plan.
Mr Tierney said the charge will be reasonable, but he cannot yet comment on how much it will cost, as there are many processes to be completed before a final decision is made.
He said: "We have two submissions to do to the Commissioner for Energy Regulation, one at the end of January, one at the end of February.
"Then there will be a period between March and August by when the final charge has to be determined, when our proposed charge will be accessed by the regulator, who in turn will do a public consultation ultimately on our water charges plan."
Mr Tierney said existing charges for businesses are likely to rise in large urban areas.
Irish Water will have the power to restrict the flow of water to those who refuse to pay, which will be important in terms of bill collection.
"We want people to pay, to understand that those who try not to pay are being followed up to the maximum extent possible because that's how we keep the charge low overall," he said.
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