Basic electrical, optical and calorimetric characteristics of an ac (50 Hz) driven capillary discharge produced in a water solution were studied for initial water solution conductivity in the range 50-1000 µS cm −1 . Typical current and voltage waveforms and emission intensities produced by several electronically excited species were recorded with high time resolution. The evolution of the electrical current, power and capillary resistance was inspected during positive ac half-cycle for various operational regimes. A fast relaxation of the discharge following a breakdown event was observed. Optical measurements indicate that radiative species are mostly generated during the first few hundreds of nanoseconds of plasma generation and that the average duration of plasma emission induced by a discharge pulse is of the order of a few microseconds. Results of calorimetric measurements are in good agreement with average electrical measurements and support the assumption that the discharge is a constant source of heat delivered to the liquid. Assuming that only a fraction of the heat released inside the capillary can be transported by conduction through the capillary wall and via its orifices, the processes of bubble formation, expulsion and re-filling the capillary with 'fresh' water must play a key role in maintaining a thermal balance during long-time steady-state operation of the device. Furthermore, a simplified numerical model and a first order energy deposition calculation prove the plausibility of the bubble breakdown mechanism.