Information packs will be sent to thousands of homes in the next few weeks containing information on the installation process and what customers can expect.
Installing a meter should take about two hours, with 27,000 to be installed every month.
The programme is to be completed by December 2016, with 1.1 million meters to be installed.
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The first water charges will arrive in January 2015 with the average bill expected to be between €300 and €350.
Meanwhile, The Irish Examiner revealed today that the estimated €500 cost of installing a water meter in each household is expected to be passed on to consumers in the form of a standing charge on their water bills.