Four Aargau energy suppliers are working together
The utility companies from Aarburg, Rothrist/Vordemwald and Zofingen want to join forces. They expect synergies of CHF 2 million. Two regional suppliers for electricity and water are to take the place of the municipally organized companies.
The utility companies in southwestern Aargau are moving closer together. tba energie ag , EW Oftringen AG , EW Rothrist AG and StWZ Energie AG want to found the energy supplier Regionale Energie AG (REAG) and the water supplier Regionale Wasser AG (RWAG) together. The city of Zofingen is said to hold just over 50 percent of REAG. The shares of Oftringen, Rothrist and Zofingen in RWAG are said to be between 27 and 33 percent. Among other things, the merger is intended to increase regional added value and secure jobs.
The four companies expect synergies of CHF 2 million per year, they write in a statement . About half of this is to be returned to customers via the tariffs. The harmonization of tariffs will take up to ten years.
The ball is now in the hands of the boards of directors of the four companies, the five municipalities involved and ultimately the voters. The two new companies are scheduled to start operations on January 1, 2023.