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Tariffs were increased last year because the companies said they had a backlog of additional costs that they wished to trim.
Money raised from tariffs goes toward the cost of maintaining the electric grid and transporting energy to consumers.
The average tariff for customers in Radius’s area — Copenhagen, North Zealand and parts of Central Zealand — should drop by 18 percent from March, while the rest of Zealand will see their tariffs fall an average of 20 percent.
New inflation package for low income families replaces subsidy scheme
The government has agreed on a package providing financial help to 40,500 young families in Denmark.
A recent winter inflation spending plan designated 300 million kroner for the purpose of assisting families who are struggling to cover costs as a result of inflation.
It replaces a previous subsidy for families with children, known as børnetilskud, which expires on March 1st. Families who received the old subsidy will qualify for the new one, the government said.
The money will be paid out in two instalments, the first by the end of June and the second in August.
It is a one-off scheme and will not be repeated in 2024.
Government bill may pass to permanently ease work permit rules
A government bill to permanently change the minimum wage criteria in a key work permit scheme could be voted through in March.
The government says the bill, which will permanently reduce the minimum wage required under the Pay Limit Scheme (Beløbsordning), will make it easier for companies to recruit skilled workers from non-EU countries.
Last year saw a majority in parliament pledge to support a proposal to reduce the Pay Limit scheme from 448,000 kroner per year to 375,000 kroner per year for three years. The proposal was never passed into law because Prime Minister Mette Frederiksen called an election before it was voted on in parliament.
The new government proposal makes the reduction permanent.
READ ALSO: How can you get a work permit in Denmark if you are not an EU national?
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