Stadtwerke SH

What Stadtwerke SH does

Stadtwerke SH GmbH & Co. KG is a multi-utility municipal utility company formed in 2020 as a joint venture of Schleswiger Stadtwerke, Stadtwerke Eckernförde, and Stadtwerke Rendsburg, headquartered in Rendsburg, Schleswig-Holstein, Germany. The company provides electricity, natural gas, drinking water, wastewater treatment, district heating, fiber-optic telecommunications (FTTH), and e-mobility services to residential, commercial, and municipal customers across Schleswig, Eckernförde, Rendsburg, Kappeln, and surrounding areas. It also operates regional swimming and leisure facilities (Fjordarium, Aquacity, Meerwasserwellenbad) through wholly-owned subsidiaries.

The technology stack combines regulated network operations with proprietary generation assets, including Blockheizkraftwerke (combined heat and power plants achieving up to 85% primary energy utilization), the Energie-Eisspeicher in Rendsburg (the largest ice thermal storage north of the Elbe, operational since spring 2019), Kalte Nahwärme (cold district heating) networks, and biomass-based heating through subsidiary BEV Domsland GmbH (Knickholz). As designated grundzuständiger Messstellenbetreiber, Stadtwerke SH is the exclusive smart meter rollout operator for its service area and offers dynamic electricity tariffs linked to market prices. Product portfolio additions include photovoltaic lease contracts, Wallbox and public e-charging infrastructure, and building-related services (thermography, Hausnotruf, energy certificates).

The business model is built on subscription and consumption-based recurring revenue across multiple essential utilities, distributed through four physical customer centers (Kundenzentren), regional online customer portals, phone service, and field account management for commercial and municipal accounts. Pricing follows a Grundpreis plus Arbeitspreis per kWh structure for district heating, with publicly disclosed 2026 tariff sheets for Schleswig-Holstein. Revenue is not publicly disclosed. The company is supervised by an advisory board chaired by Holger Ley and managed by Geschäftsführer Bernd Reichelt, with Janet Sönnichsen chairing the Stadtwerke Rendsburg GmbH supervisory board. A workforce development program supports 57 apprentices with a 94% exam pass rate and 79% retention.

Name

Stadtwerke SH

Legal name

Stadtwerke SH GmbH & Co. KG

Website

https://stadtwerke-sh.de

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Stadtwerke SH is a multi-utility municipal joint venture in Schleswig-Holstein, Germany, providing electricity, gas, water, wastewater, district heating, fiber-optic internet, and e-mobility services to residential, commercial, and municipal customers across Schleswig, Eckernförde, Rendsburg, and surrounding areas.

Ownership category

akta.pro rank

Product category

Municipal multi-utility services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Steam and Air-Conditioning Supply (221330), Electric Power Generation (22111)

SIC

Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Energy, Utilities & Sustainability Management (BPABAAAF)

akta.pro secondary industry

Combined Cycle & Cogeneration (CHP) EPC (EUAEAAAB)

Keywords

• Municipal utilities
• Electricity supply
• Natural gas distribution
• District heating
• Fiber optic internet

Headquarters

HQ city

Rendsburg

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel

Revenue model

1. Electricity Supply: Residential and commercial electricity supply including dynamic tariffs, intelligent metering systems, and renewable energy options.
2. Natural Gas Supply: Natural gas supply services for residential and commercial customers in the Schleswig, Eckernförde, and Rendsburg regions.
3. District Heating: District heating supply through BHKW cogeneration plants in Rendsburg and Büdelsdorf, with block heating networks in Eckernförde. Pricing includes base price and consumption-based energy price per kWh.
4. Water Supply: Drinking water supply services for residential and commercial customers across service areas in Schleswig, Eckernförde, and Rendsburg.
5. Wastewater Treatment: Wastewater collection and treatment services for Schleswig and surrounding areas.
6. Fiber Optic / Telecommunications: FTTH (Fiber to the Home) high-speed internet, TV, and telephone services with unlimited data packages and optional home emergency system.
7. E-Mobility: E-charging stations in the region plus wallbox offerings for home charging.
8. Swimming Pool Operations: Operation of Fjordarium in Schleswig, Aquacity in Rendsburg, and Meerwasserwellenbad in Eckernförde. Online booking through Bädersuite system for swimming courses and vouchers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Stadtwerke SH is a regional municipal multi-utility company in Schleswig-Holstein, Germany, supplying electricity, natural gas, district heating, drinking water, fiber optic internet, and wastewater services, alongside e-mobility charging solutions. Formed in 2020 as a joint venture of three municipal utilities and operating as a GmbH & Co. KG headquartered in Rendsburg, it serves residential, commercial, and municipal customers across the region.

Product overview

Stadtwerke SH operates as a multi-utility provider offering integrated energy and infrastructure services through a unified platform. The core portfolio consists of electricity (Strom), natural gas (Erdgas), e-mobility (E-Mobilität), photovoltaics (Photovoltaik), fiber internet (Glasfaser), water supply (Wasser), wastewater management (Abwasser), and heating solutions (Wärme). The heating offerings include district heating (Fernwärme), cold district heating (Kalte Nahwärme), and innovative energy ice storage (Energie-Eisspeicher). Smart meter infrastructure and dynamic electricity tariffs support modern energy management. Additional services include building thermography, emergency call systems, customer referral programs, and energy certificates. Customer access is provided through regional customer portals and reading portals for meter data.

Differentiator

Problem solved

Functional benefit

Brands

• EnergiSH: 360-degree Stadtwerke concept and branding initiative
• Watt von Hier
• Fjordarium
• Aquacity
• Meerwasserwellenbad
• Bädersuite

Products and services

• Electricity Supply Supply of electrical power to residential, commercial, and municipal customers across Schleswig-Holstein via the regional electricity grid.
• Natural Gas Supply Distribution of natural gas to residential, commercial, and industrial customers across Schleswig-Holstein via the regional gas grid.
• District Heating Provision of district heating services to connected buildings and households via the regional heating network.
• Drinking Water Supply Supply of drinking water to residential and commercial customers in Schleswig-Holstein through the regional water network.
• Wastewater Services Wastewater management services for connected properties in the Schleswig-Holstein service area.
• Fiber Optic Internet Provision of fiber optic broadband connectivity to residential and business customers in Schleswig-Holstein.
• E-Mobility Charging Solutions Provision of electric vehicle charging infrastructure and related services across the Schleswig-Holstein service area.

Quantifiable outcome

• Up to 85% primary energy utilization via CHP compared to 62% higher consumption for conventional separate generation
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• BEV Domsland GmbHcoreStrategic or Co-development PartnerStadtwerke Eckernförde GmbH is the main shareholder (Hauptgesellschafterin) of BEV Domsland GmbH. BEV generates heating from renewable biomass (Knickholz - pruning wood) for approximately 400 residential units, supplying heat through the district heating network.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Stadtwerke München (SWM): One of Germany's largest municipal utilities, providing electricity, district heating, gas, water, and mobility services to Munich. Same multi-utility municipal Stadtwerke model as Stadtwerke SH but at massive scale, making it a useful incumbent benchmark for service portfolio breadth.
• EnBW Energie Baden-Württemberg: Major regional German energy utility offering generation, distribution, and retail across electricity, gas, and heat. Comparable as a regulated-network and retail-supply operator, though larger and broader in scope than Stadtwerke SH.
• E.ON SE: One of Europe's largest energy network operators and retail suppliers with deep German footprint. Overlaps with Stadtwerke SH in retail electricity/gas and network operations, but competes at national scale rather than municipal-niche.
• Vattenfall (Germany operations): Swedish state-owned utility with significant German operations in district heating, generation, and retail. Comparable especially for CHP/district heating technology stack and decarbonization strategy.

Direct peers

• Thüga Holding: German holding company owned by and partnering with municipal utilities (Stadtwerke) across Germany. Directly comparable to Stadtwerke SH as it pools capabilities, energy purchasing, and digital services for small-to-mid-sized municipal utilities.
• Stadtwerke Hamburg (Hamburg Energie): Municipal multi-utility providing electricity, district heating, gas, and water to Hamburg. Operates the same integrated municipal-utility playbook as Stadtwerke SH, including CHP-based district heating and energy transition services.
• Stadtwerke Leipzig: Mid-large German municipal utility offering electricity, district heating, gas, water, and telecom to Leipzig region. Closely matches Stadtwerke SH's product portfolio and municipal-governance model, with comparable CHP/district heating emphasis.
• Stadtwerke Köln (RheinEnergie): Cologne-area municipal multi-utility providing electricity, gas, water, and district heating. Operates the same integrated Stadtwerke service set as Stadtwerke SH, including heating networks and energy contracting services.
• BeNEX GmbH: Hamburg-based holding company focused on German municipal and regional energy utilities, including stakes in Hamburg's heat network and other Stadtwerke-style assets. Relevant peer for the municipal utility consolidation/aggregation model.

Regional players

• EWE AG: Regional utility serving northwestern Germany (Lower Saxony, Bremen, eastern Frisia) with electricity, gas, water, and increasingly fiber. Comparable in size and regional focus to Stadtwerke SH, but in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/StadtwerkeSH
• Facebookfacebook.com/StadtwerkeSH
• Instagraminstagram.com/stadtwerke_sh
• TikToktiktok.com/@stadtwerke_sh

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

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 Stadtwerke SH