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๐Ÿ‡ฑ๐Ÿ‡น Lithuania /Economy & Trade

Kauno Vandenys to Lower Prices for Water Services

From Delfi · () Lithuanian

Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified New plan
  • Kauno vandenys will reduce water supply and wastewater treatment prices by 2-3 cents per cubic meter starting July 1.
  • The company attributes the price decrease to operational efficiency, cost optimization, and investments in renewable energy.
  • Kauno vandenys aims to maintain some of the lowest water service prices among major Lithuanian cities.

Starting July 1, customers of Kauno vandenys will see a slight reduction in their water supply and wastewater treatment bills, with prices decreasing by 2-3 cents (approximately 1%) per cubic meter. This adjustment will lower the tariff for apartment residents from 2.49 to 2.47 Euros (including VAT) and for individual homes from 2.46 to 2.43 Euros (including VAT).

Despite rising operational costs, the company managed to stabilize and even slightly decrease service prices. This achievement is credited to the implementation of efficiency improvements, cost optimization measures, and enhanced energy efficiency practices, alongside an expansion of service volumes. The company also highlighted its investments in renewable energy.

Ramลซnas-Petras ล ulskus, the general director of Kauno vandenys, stated that the company is consistently investing in renewable energy to bolster its energy independence and security. Currently, over a tenth of its electricity consumption is self-produced, reducing reliance on market fluctuations. This strategy allows Kauno vandenys to maintain some of the lowest water service prices among major Lithuanian cities.

About this summary

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.