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LWG Lausitzer Wasser GmbH & Co. KG is one of just a handful of companies that has been able to keep its water rates stable over a long period of time. At the moment, our customers pay 1.22 euros (gross) for 1,000 litres of drinking water – for top quality water that is available 24/7. That is a mere 0.12 cents per litre! That’s pretty unbelievable really considering just how complex it is to produce drinking water and just how great the responsibility is to be able to continue to provide a reliable supply of top quality water in the future. And yet, LWG succeeds in doing this again and again to the complete satisfaction of its customers.
The business model with our private sector partner, EURAWASSER, has proven to be a great success over the last few years. LWG’s philosophy is to run a sustainable business – whilst always acting with sound judgement. Investments are always scrutinised to make sure they are cost effective. Efforts are always made to coordinate such plans with the cities and districts to fit in with their road construction projects. That cuts costs and ultimately keeps rates stable! Having a private sector shareholder in a
municipal company does not normally lead to the business being run so as to make as big a profit as possible no matter what the price but to it being run more cost effectively. Of course, a company wishes to (must) make a profit and that should be the aim of a municipal firm as well. I certainly believe that LWG’s business model has been a success – in the interests of our customers, our local residents!
Fritz Handrow Mayor of the District of Kolkwitz and Chairman of the Supervisory Board of LWG Wasser und Abwasser Verwaltungs GmbH
Source: 2016 annual report, LWG Lausitzer Wasser GmbH & Co. KG