Calls for legislative change to curb district heating prices

Current legislation to curb the recent years' soaring district heating prices is ineffective, according to the Energy Market Inspectorate, which therefore demands legislative changes.

» Published:

Calls for legislative change to curb district heating prices
Photo: Johan Nilsson/TT

Share this article

District heating companies operate on a monopoly-like market. Therefore, there are rules governing how they are allowed to act. Among other things, they have a negotiating obligation, but it is ineffective, notes the Energy Market Inspectorate (Ei). It essentially only means that the companies must inform the customer and try to reach an agreement.

Therefore, legislative changes are needed, notes the authority in a government assignment that has been tasked with reviewing how the market functions.

"To genuinely strengthen the customers' position on the district heating market", writes Ei.

Among other things, it is proposed that district heating suppliers must be more transparent in their pricing, they must disclose their financial position so that companies can be compared with each other, according to Ei.

In recent years, district heating prices for households have risen sharply, with often two-digit (over 10 percent) annual percentage increases. The companies themselves have pointed to rising fuel prices.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

FTC Investigates Google and Amazon Over Advertising Practices

FTC Investigates Google and Amazon Over Advertising Practices

US Proposes G7 Tariffs on China and India Over Russian Oil Purchases

US Proposes G7 Tariffs on China and India Over Russian Oil Purchases

Taco Bell Plans Expansion into Sweden with First Stockholm Location

Taco Bell Plans Expansion into Sweden with First Stockholm Location

Russia's Central Bank Makes Smaller Than Expected Interest Rate Cut

Russia's Central Bank Makes Smaller Than Expected Interest Rate Cut

ECB Officials Divided on Future Interest Rate Decisions

ECB Officials Divided on Future Interest Rate Decisions

Klarna CEO Secures Billion-Kronor Loan to Buy Out Co-Owner

Klarna CEO Secures Billion-Kronor Loan to Buy Out Co-Owner

Six Suspects in Consultant Scandal Face Charges After Spain Raid

Six Suspects in Consultant Scandal Face Charges After Spain Raid

Microsoft to Remove Teams from Office Package in EU Agreement

Microsoft to Remove Teams from Office Package in EU Agreement

UK Economy Growth Stagnant in July as GDP Remains Unchanged

UK Economy Growth Stagnant in July as GDP Remains Unchanged

German Inflation Rises to 2.2 Percent in August

German Inflation Rises to 2.2 Percent in August

Stockholm Stock Exchange Rises Amid Global Market Upswing

Stockholm Stock Exchange Rises Amid Global Market Upswing

Insurance Guide: What to Know After Västernorrland Floods

Insurance Guide: What to Know After Västernorrland Floods

Asian Stock Markets Rise on Week's Last Trading Day

Asian Stock Markets Rise on Week's Last Trading Day

Trump Seeks Court Approval to Dismiss Fed Member Before Rate Decision

Trump Seeks Court Approval to Dismiss Fed Member Before Rate Decision

Warner Bros Discovery Surges on Wall Street Amid Paramount Bid Rumors

Warner Bros Discovery Surges on Wall Street Amid Paramount Bid Rumors

US Inflation Matches August Expectations

US Inflation Matches August Expectations

ECB Keeps Interest Rates Steady

ECB Keeps Interest Rates Steady

Novo Nordisk to End Remote Work in 2024

Novo Nordisk to End Remote Work in 2024

Switzerland Suggests Moving Gold Refineries to USA to Lower Tariffs

Switzerland Suggests Moving Gold Refineries to USA to Lower Tariffs

Klarna's Stock Market Debut Attracts Swedish Small Investors

Klarna's Stock Market Debut Attracts Swedish Small Investors