Each year, the utilities secretariat decides on the economic framework for Denmark's largest water companies. This includes demands for efficiency improvements, which compensate for the companies’ natural monopoly by creating conditions that resemble market competition.
The demand for efficiency improvements in 2018 will result in the Danes saving a total of EUR 40 million on their water. Combined with the effect of previous years’ demands, it adds up to an annual saving of EUR 215 million from next year onwards.
-Danish citizens and companies save a huge amount of money when we impose demands on the water companies regarding efficiency of their operation and investments, says Minister for Industry, Business and Financial Affairs, Brian Mikkelsen.
Benefits from strategy and water sector regulations
For the Minister of Energy, Utilities and Climate, Lars Christian Lilleholt, it is a pleasure to see the comprehensive strategy for the utilities sector, Utilities for the Future, producing good results.
-Utilities for the Future is the first comprehensive strategy for the utilities sector in Danish history, and it marks an ambitious agenda to improve and develop the sector for the benefit of both consumers and companies, he says and adds:
-The savings we will achieve by imposing demands on the water companies are a good example of how consumers and companies will benefit from the new water act from 2016.
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