What OSHEE does

OSHEE (Operatori i Shpërndarjes së Energjisë Elektrike) is Albania's state-owned national electricity distribution operator, established in 2006 following sector restructuring and brought under direct government administration in 2013 after the withdrawal of CEZ's license. The company holds the exclusive statutory mandate to operate Albania's electricity distribution network as the sole licensed Distribution System Operator (via subsidiary OSSH), Universal Service Supplier (via FSHU), and Free Market Supplier (via FTL), serving approximately 1 million household subscribers (~95% of all customers) plus ~4,000 enterprise customers across the country.

OSHEE's core technology stack spans the entire distribution value chain — over 400 substations at 110/20 kV, 35 kV, 20 kV, 10 kV, and 6 kV voltage levels, transmission lines, distribution cabinets, and the low-voltage network. The company is mid-way through a major modernization program that includes SCADA deployment for remote grid monitoring (with KfW), a 350,000 smart meter rollout (with the French Development Agency), the country's first underground substation in central Tirana (EBRD-financed), and over 1,300 km of new or renovated low-voltage lines. Digital customer-facing systems include an online portal, a mobile application, PDA-based smart meter reading with GPS verification, and a Supplier Platform supporting market liberalization.

The business model is entirely regulated: OSHEE generates revenue through ERE-approved distribution tariffs, universal supply tariffs (8.5–9.5 lek/kWh for households as of February 2025, among the lowest in the Balkans), free-market supply pricing for enterprise customers, new connection fees, and emerging EV charging revenue under the OSHEE Charge network. The company projects €70M profit for 2025, with collection rates near 100% and technical losses reduced from 42% in 2013 to ~16.9% in 2025, targeting 10% by 2030.

Name

OSHEE

Legal name

OSHEE GROUP SH.A.

Website

https://oshee.al

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

OSHEE is Albania's state-owned national electricity distribution operator, exclusively licensed through subsidiaries OSSH, FSHU, and FTL to distribute and supply power to approximately 1 million households and 4,000 enterprise customers across all voltage levels.

Ownership category

akta.pro rank

Product category

Electricity Distribution Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Electric Power Distribution (221122)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Investor-Owned Electric Distribution Utilities (IOUs) (EUADABAA)

akta.pro secondary industries

Electric Distribution System Owners (Wires-Only Companies) (EUADABAI), Distribution Network O&M (MV/LV Lines, Switchgear, Transformers) (EUAEAGAE), Network Operations, Monitoring & Management (NOC, OSS/NMS, Performance & Fault Mgmt) (EUADAIAI), Control Room HMI/Visualization, Alarm & Event Management (EUADAEAJ)

Keywords

• Electricity distribution services
• Power grid operations
• Utility supply services
• Energy distribution network
• Smart meter infrastructure

Headquarters

HQ city

Tirana

HQ country

Albania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Electricity Distribution Tariffs (OSSH): OSHEE, through its subsidiary OSSH (Operatori i Sistemit të Shpërndarjes), generates revenue from regulated electricity distribution tariffs charged to all consumers connected to the Albanian distribution network. These tariffs are approved by the Energy Regulatory Entity (ERE) and are based on voltage level (6kV, 10kV, 20kV, 35kV, etc.) and consumer category (household, business, industrial).
2. Universal Service Supply (FSHU): Furnizuesi i Shërbimit Universal (FSHU), part of OSHEE Group, supplies electricity to household consumers and small businesses at regulated tariffs. Revenue is generated through the sale of electricity at ERE-approved rates, combined with fixed monthly installments for debt repayment schemes.
3. Free Market Supply (FTL): Furnizuesi i Tregut të Lirë (FTL), part of OSHEE Group, supplies electricity to business consumers (35kV, 20kV, 10kV, 6kV) at market-based prices. FTL leverages a generation portfolio of ~700 MW from hydropower and ~70 MW from solar to offer competitive, stable pricing to commercial customers.
4. EV Charging (OSHEE Charge): OSHEE plans to generate revenue from a network of commercial electric vehicle charging stations (OSHEE Charge), selling electricity at ERE-regulated rates (22 lek/kWh for fast charging above 11 kW).
5. Grid Connection and Installation Services: Revenue from new electricity connection services, including processing applications, installation of connections, and grid extensions for new residential, commercial, and industrial customers. The self-generator segment (prosumers) also generates connection revenue as more households and businesses install solar panels.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

OSHEE Group operates Albania's national electricity distribution network and supplies electricity to households, businesses, and self-generators through its subsidiaries OSSH (distribution system operator), FSHU (universal service supplier), and FTL (free market supplier). Core offerings include regulated electricity distribution and supply, new grid connections, digital self-service through the online portal and mobile app, and a planned EV charging network (OSHEE Charge). The company is modernizing its grid with SCADA, smart meters, and major substation investments.

Product overview

OSHEE Group is the parent company of Albania's electricity distribution sector, operating through three main subsidiaries: OSSH (distribution system operator), FSHU (universal service supplier for regulated customers), and FTL (free market supplier). The company provides electricity distribution, supply, and digital services including an online portal and mobile application. Recent product launches include OSHEE Charge (electric vehicle charging network) and expanded digital services. Infrastructure modernization includes smart meter deployment (350,000 units) and SCADA system implementation for remote grid management. Services span from traditional meter reading to photovoltaic connection support for approximately 4,000 self-producing entities.

Differentiator

Problem solved

Functional benefit

Brands

• OSHEE Charge: Electric vehicle charging network project launched in 2025 to create a widespread EV charging infrastructure across Albania, planned for implementation in 2026.
• OSHEE mobile

Products and services

• OSHEE Online Portal Digital self-service platform (online.oshee.al) allowing Albanian electricity customers to view and pay bills, submit requests and complaints, update contract information, obtain debt certificates, and apply for new electricity connections—available 24/7 via web browser.
• OSHEE Mobile Application Mobile application (OsheeMobile) enabling OSHEE customers to manage electricity accounts, make payments, submit requests, and file complaints from smartphones. Part of OSHEE's digital self-service channel strategy.
• OSHEE Charge (EV Charging Network) National electric vehicle charging network offering commercial EV charging stations across Albania at ERE-approved rates of 22 lek/kWh (peak hours 25.3 lek/kWh). Serves the approximately 16,000 registered electric vehicles in Albania with 254+ charging stations.
• Self-Producer (Prosumer) Connection Services Connection services for households and businesses installing solar photovoltaic systems for self-consumption. Includes simplified authorization procedures, grid connection support, and net metering interfaces under Albania's renewable energy framework. Built around Law No. 24/2023 and ministerial guidance No. 3 dated 20.6.2019.
• Electricity Distribution Service (OSSH) Regulated electricity distribution service managing Albania's national distribution network across 110/20 kV, 35 kV, 20 kV, 10 kV, and 6 kV voltage levels. Operates over 400 substations, transmission lines, and distribution cabinets. Revenue from ERE-approved distribution tariffs; serves all electricity consumers connected to the Albanian grid.
• Free Market Electricity Supply (FTL) Competitive electricity supply service for commercial and industrial customers (35kV, 20kV, 10kV, 6kV) at deregulated market prices. Backed by hydro and solar generation portfolio (700 MW hydro + 70 MW solar). Includes energy deposit arrangement with KESH for dry-period reliability.
• Universal Electricity Supply (FSHU) Regulated electricity supply for household and small business consumers at ERE-approved tariffs (8.5 lek/kWh up to 700 kWh/month; 9.5 lek/kWh above; 14 lek/kWh for small businesses). Includes social support schemes and debt installment plans for vulnerable customers.
• Smart Meter Reading Service Smart meter deployment and reading service providing customers with real-time consumption monitoring, improved billing accuracy, and reduced losses. Meter readers use PDA devices with GPS verification to transmit reading data in real time to OSHEE's billing center.

Quantifiable outcome

• Technical losses reduced from 24% (2017) to ~17% (2025 projected), targeting 10% by 2030
• +5 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core.

• Qatar CharitycoreStrategic or Co-development Partner · 27 October 2025FSHU (Furnizuesi i Shërbimit Universal), part of OSHEE Group, signed a cooperation agreement with Qatar Charity under the 'Light in the Home' ('Dritë në Shtëpi') social program. Qatar Charity will provide financial support for 1,610 families in need by covering their electricity bills, with OSHEE Group facilitating the implementation and coordination.
• KESH (Korporata Elektroenergjetike Shqiptare)coreTechnology or Integration · 1 January 2025FTL (OSHEE Group's free market supplier) maintains an energy deposit arrangement with KESH, Albania's state power corporation. When FTL has excess energy from hydro and solar generation, it deposits this energy with KESH (which has larger storage capacity). During dry periods, FTL withdraws the deposited energy. This optimization mechanism benefits consumers by reducing costs and improving system stability.
• OST (Operatori i Sistemit të Transmetimit)coreTechnology or IntegrationOST is Albania's electricity transmission system operator. OSHEE (as distribution operator OSSH) coordinates with OST for load balancing, transmission constraint management, and maintenance planning. OST requests trigger many of OSSH's planned outages for substation and line maintenance across Albania.
• ERE (Enti Rregullator i Energjisë)coreOthersERE is Albania's independent energy regulatory authority. It sets electricity tariffs for household and business consumers, approves EV charging prices, regulates market liberalization, issues supplier licenses, and oversees OSHEE's operational performance and investment programs. All of OSHEE's regulated revenue streams are subject to ERE tariff approvals.
• Infrastructure Ministry (Ministria e Infrastrukturës dhe Energjisë)coreOthersOSHEE operates under the supervision and policy direction of Albania's Ministry of Infrastructure and Energy. The Ministry sets performance targets (loss reduction, collection rates), approves major investments, and coordinates OSHEE's role in national energy strategy including the Albania 2030 objectives.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• KESH (Korporata Elektroenergjetike Shqiptare): Albania's state-owned electricity generation corporation and OSHEE's sister entity under the Government of Albania. KESH operates the country's hydropower generation and wholesale supply, and FTL maintains energy deposit arrangements with KESH for portfolio optimization, making it a directly comparable state-owned peer in the same integrated electricity value chain.
• OST (Operatori i Sistemit të Transmetimit): Albania's state-owned electricity transmission system operator. OSHEE (OSSH) coordinates daily with OST for load balancing, transmission constraint management, and planned outages, making it a directly adjacent grid operator peer in the same Albanian electricity sector.

Regional players

• PPC (Public Power Corporation) Greece: Greek state-influenced vertically integrated electricity utility (generation, transmission, distribution, supply). PPC is a directly comparable regional player operating regulated distribution networks across multiple Balkan/EU geographies, with overlapping customer-facing distribution business and renewable generation exposure.
• EPS (Elektroprivreda Srbije): Serbian state-owned electric utility covering generation, distribution, and supply. EPS is a directly comparable regional peer to OSHEE: state-owned, vertically integrated, regulated tariffs, hydropower-heavy mix, and serving a single-country Balkan market with similar scale dynamics.
• EVN (Bulgaria): Austrian-owned regional electricity distribution and supply operator in Bulgaria. EVN is a directly comparable regional peer operating regulated distribution networks in the Balkans with similar tariff structures, grid modernization mandates, and customer-facing service obligations to OSHEE.
• EPBiH (Elektroprivreda Bosne i Hercegovine): Bosnian state-owned vertically integrated electricity utility covering generation, distribution, and supply. EPBiH is a comparable regional peer in the Balkans with similar state ownership, hydropower exposure, regulated distribution tariffs, and ongoing grid modernization programs.

Broad incumbents

• CEZ Group: Czech-listed major European utility with a regulated distribution footprint across Central and Southeastern Europe. CEZ is a broad incumbent peer: it previously operated the Albanian distribution network (CEZ Shpërndarje) via a license that was withdrawn in 2013, giving it direct historical comparability with OSHEE.
• E.ON: European broad incumbent utility with regulated distribution networks across multiple countries. E.ON is comparable to OSHEE as a global operator of distribution system operations, smart meter rollouts, and energy transition infrastructure, though operating at vastly larger scale and with private ownership.
• Enel Group: Global broad incumbent utility with major European distribution networks. Enel is a comparable broad incumbent operating regulated distribution, smart meter programs, and EV charging infrastructure, providing a benchmark for OSHEE's modernization and energy transition roadmap.

Others

• Schneider Electric: Global energy management and grid automation vendor. Schneider Electric is an ecosystem peer to OSHEE as a likely supplier of SCADA, substation automation, and grid digitalization technology underpinning OSHEE's KfW-funded modernization program.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OSHEE