Evoenergy
Evoenergy is a regulated electricity and gas distribution network operator serving approximately 210,000 electricity and 146,000 gas customers across the Australian Capital Territory and parts of New South Wales, operating as a joint venture between Icon Distribution Investments and Jemena Networks.
- Company typePrivate
- Founded2018
- HeadquartersCanberra, Australia
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Evoenergy does
Evoenergy is a regulated electricity and gas distribution network operator serving the Australian Capital Territory and parts of New South Wales. The business operates as a joint venture between Icon Distribution Investments Limited and Jemena Networks (ACT) Pty Ltd, having been established in that structure on 1 January 2018 (succeeding the former ActewAGL Distribution business). Evoenergy serves approximately 210,000 electricity customers and 146,000 gas customers, and operates 4,911.39 km of gas distribution mains across its service territory.
Evoenergy's core function is the safe and reliable transport of electricity and natural gas through its network infrastructure, with network prices approved by the Australian Energy Regulator (AER) under Australia's national energy frameworks. The company monetizes this infrastructure through regulated network tariffs collected from energy retailers, who in turn pass these costs to end-use consumers. Its primary digital product is the Distributed Energy Resources (DER) Portal — a platform used by solar installers to register and manage rooftop solar connections to the Evoenergy network, supporting the integration of customer-side energy resources.
The company is positioning itself around the energy transition through initiatives including a hydrogen test facility, neighbourhood-scale battery storage projects, electric vehicle charging infrastructure, and broader electrification of customer energy use. These initiatives extend Evoenergy's regulated network mandate into adjacent distributed energy and decarbonization services.
Evoenergy firmographics
Firmographics- Name
- Evoenergy
- Legal name
- Icon Distribution Investments Limited and Jemena Networks (ACT) Pty Ltd trading as Evoenergy
- Website
- https://evoenergy.com.au
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Evoenergy is a regulated electricity and gas distribution network operator serving approximately 210,000 electricity and 146,000 gas customers across the Australian Capital Territory and parts of New South Wales, operating as a joint venture between Icon Distribution Investments and Jemena Networks.
- Ownership category
- akta.pro rank
Evoenergy industry classification
Industry- Product category
- Utility 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), Natural Gas Transmisison & Distribution (4923), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- EV Charging Make-Ready & Distribution Interconnection Works (EUAEACAO)
- akta.pro secondary industry
- Network Upgrades & Capacity Additions (Reconductoring, Rebalancing, Voltage Optimization) (EUAEACAN)
Keywords
Where Evoenergy is headquartered
LocationHeadquarters
- HQ city
- Canberra
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
Evoenergy business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D
Revenue model
- Electricity Network Charges: Evoenergy charges electricity retailers for using the ACT electricity network. Network prices are approved by the Australian Energy Regulator (AER) and make up around 30% of residential electricity bills in the ACT. Also includes costs for the Large-scale Feed-in Tariff (LFiT) Scheme.
- Gas Network Charges: Evoenergy charges gas retailers for using its gas network to transport gas to homes and businesses. Charges are approved by the Australian Energy Regulator (AER).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Annual | Electricity network tariffs for residential and commercial customers |
| Usage-based | Annual | Gas network tariffs for residential and commercial customers |
Distribution channels4 records
Marketing channels7 records
Evoenergy product offering
Product offeringCore offering
Evoenergy operates the regulated electricity and gas distribution networks across the Australian Capital Territory and parts of surrounding New South Wales. The company builds, maintains, and operates the poles, wires, and gas mains that deliver electricity to approximately 210,000 customers and gas to 146,000 customers, and also provides new connection, embedded generation (solar/battery), and demand management services.
Product overview
Evoenergy operates as an electricity and gas distribution network operator serving the Australian Capital Territory, Queanbeyan-Palerang Regional Council, and Nowra in NSW. The company's portfolio consists of core network infrastructure services and a digital platform. The flagship digital product is the Distributed Energy Resource (DER) Portal, a web application for solar installers to submit and track Special Connection Requests for solar, battery, and embedded generation systems. Core services include electricity distribution to approximately 210,000 customers and gas distribution to 146,000 customers across 4,911.39km of gas mains. Connection services span basic, small, large, and greenfield estate electricity connections, natural gas connections, solar and battery installations, embedded generation, electric vehicles, and miscellaneous electrical works. Additional offerings include outage management with real-time mapping, electricity meters, demand management, neighbourhood batteries, a hydrogen test facility, electrification transition support, utility approvals, and contractor accreditation programs.
Differentiator
Problem solved
Functional benefit
Products and services
- Electricity Distribution Network Services
Companies that use Evoenergy
Customer profileSegments4 records
Ideal customer profiles3 records
Evoenergy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature1 record
Evoenergy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AEMO (Australian Energy Market Operator)coreSince December 2019, Evoenergy must share information about every DER connected to their distribution network with AEMO's DER Register. The DER Register includes a list of DER locations and specifications in the National Energy Market, including small grid-connected systems up to 30 MW.
Scale indicators3 records
Recent moves7 records
Expansion highlights4 records
Evoenergy competitors and assessment
Company assessmentBroad incumbents
- APA Group: Australia's largest natural gas infrastructure business, operating transmission and distribution pipelines. Comparable on gas distribution, though APA operates at a national scale and focuses on transmission.
- Essential Energy: Australian electricity distribution network operator covering much of regional and rural NSW. Directly comparable as a regulated DNO serving a defined geographic franchise under AER oversight.
- Endeavour Energy: NSW-based electricity distribution network serving western and southwestern Sydney and surrounding areas. Comparable as a regulated AER-priced DNO with a similar customer mix and connection services.
- Ausgrid: Electricity distributor for much of Sydney, the Central Coast, and the Hunter region. Comparable in scope, regulatory structure, and customer connection activities, though on a far larger scale than Evoenergy.
- Energex: Queensland electricity distribution network operator. Comparable as a regulated DNO with similar DER integration, connections, and demand management activities, though at much larger scale.
- SA Power Networks: South Australia's electricity distribution network provider. Comparable as a regulated DNO with similar renewable/DER integration, solar connection, and demand management programs.
- CitiPower / Powercor: Victorian electricity distribution networks operated by the same parent group as some of Evoenergy's JV owners. Comparable as a regulated DNO operating DER, solar, and electrification programs across a defined franchise.
Direct peers
- Jemena: Parent-related Australian utility that operates the gas network on behalf of Evoenergy and also runs electricity and gas networks in other Australian jurisdictions. Direct operational and structural peer given the JV relationship.
- Multinet Gas: Victorian gas distribution network operator serving residential and commercial customers. Directly comparable as an Australian gas distribution utility operating under AER-style regulatory frameworks.
Regional players
- ActewAGL Retail: Former sister entity under the original ActewAGL joint venture; now the retail energy arm that serves many of the same ACT customers Evoenergy distributes to. Relevant as a channel partner and historical structural peer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Evoenergy social profiles
Digital presenceEvoenergy compliance and trust
Trust signalCompliance3 records
Evoenergy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evoenergy leadership team
Management profileNumber of profiles
Evoenergy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evoenergy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evoenergy
What does Evoenergy do?
Evoenergy operates the regulated electricity and gas distribution networks across the Australian Capital Territory and parts of surrounding New South Wales. The company builds, maintains, and operates the poles, wires, and gas mains that deliver electricity to approximately 210,000 customers and gas to 146,000 customers, and also provides new connection, embedded generation (solar/battery), and demand management services.
Is Evoenergy a public or private company?
Evoenergy is a private company. It is classified as corporate owned and is currently operating.
When was Evoenergy founded?
Evoenergy was founded in 2018. It employs 251 to 500 people.
Where is Evoenergy based?
Evoenergy is headquartered in Canberra, Australia, in the Oceania region.
How does Evoenergy make money?
Two revenue lines are on record. Electricity Network Charges are the primary driver. The others are gas Network Charges.
Who are Evoenergy's main competitors?
Broad incumbents on record are APA Group, Essential Energy, Endeavour Energy, Ausgrid, Energex, SA Power Networks and CitiPower / Powercor. Direct peers are Jemena and Multinet Gas. ActewAGL Retail is listed as a regional player.
Does Evoenergy have an API?
No public API is recorded for Evoenergy.
What industry is Evoenergy in?
Evoenergy's product category is Utility Distribution Services. Its primary akta.pro industry code is EUAEACAO, EV Charging Make-Ready & Distribution Interconnection Works, with a secondary code of EUAEACAN, Network Upgrades & Capacity Additions (Reconductoring, Rebalancing, Voltage Optimization). Its NAICS code is 2211 and its SIC code is 4911.