Name

Jämtkraft AB

Legal name

Jämtkraft AB

Website

https://jamtkraft.se

Company type

Private

Founded year

1889

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Municipal Electricity and District Heating Utility

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Electric Power Distribution (221122), Utilities (22)

SIC

Electric Services (4911), Electric & Other Services Combined (4931), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Electric Distribution System Owners (Wires-Only Companies) (EUADABAI)

akta.pro secondary industries

Competitive Retail Electricity Supply (Residential & SMB) (EUAGABAB), Market Access, Bidding & Settlement Services for Aggregators (ISO/RTO, Balancing) (EUAFAHAH), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

Keywords

• Retail electricity supply
• District heating services
• Electricity grid distribution
• Renewable energy utility
• Heat and power generation

Headquarters

HQ city

Östersund

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Sales (Elhandel): Revenue from selling electricity to residential and business customers through various contract types: Rörligt pris (variable spot price), Jämtpriset (managed portfolio), Takpris (ceiling-protected variable price), and fixed contracts. Customers receive 100% renewable electricity from hydro, wind, solar, and bioenergy sources.
2. Electricity Grid Services (Elnät): Revenue from electricity distribution network services. Grid fees consist of fixed annual fees based on fuse size (16A-125A) and variable fees per kWh consumed. The grid covers most of Jämtland with approximately 8,800-9,200 km of power lines serving over 64,000 customers.
3. District Heating (Fjärrvärme): Revenue from district heating services in Östersund, Krokom, and Åre municipalities. District heating comes primarily from bioenergy and recovered energy. Includes fixed connection fees and consumption-based pricing per MWh, plus optional service contracts for maintenance.
4. Micro-production Agreements: Revenue from purchasing surplus solar electricity from customers with solar panels. Customers receive compensation based on Nord Pool spot prices minus fees for balancing costs and Svenska Kraftnät production fees.
5. Service Contracts: Monthly service contract (75 SEK/month) for district heating customers, including biennial service visits, free fault assistance during weekdays, 24/7 emergency response within 4 hours, phone support, and discounted spare parts. Also includes Sinfra self-deductible elimination insurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels8 records

Core offering

Jämtkraft AB sells electricity contracts (Takpris, Jämtpriset, Rörligt pris), operates a regulated electricity distribution grid serving over 64,000 customers across Jämtland, and supplies district heating (fjärrvärme) to properties in Östersund, Krokom, and Åre municipalities. Complementing these are solar micro-production purchase agreements, battery-based grid support services, grid connection and construction power services, and energy declarations for buildings. The offering targets both households (privatkunder) and businesses (företagskunder) with dedicated sales channels and tailored contract types.

Product overview

Jämtkraft AB is a regional Swedish energy company offering a comprehensive portfolio of energy products and services centered on electricity and district heating. The core electricity offerings include three main agreement types: Takpris (unique variable quarterly pricing with price ceiling protection at 80 öre/kWh, exclusive to SE2), Jämtpriset (managed electricity agreement with expert market monitoring), and Rörligt pris (fully variable pricing following Nord Pool spot prices). These can be enhanced with add-ons including Kvartspris (quarterly-hourly pricing), Bra Miljöval certification, and wind power origin labeling. For solar customers, Jämtkraft offers Mikroproduktionsavtal for selling surplus production and Stödtjänster for battery-based grid support services. The district heating division provides installation, service agreements, energy declarations, and investment discounts. Business customers have access to Jämtkraft Hedge, production agreements, and various grid connection services. The company also manages extensive electricity grid infrastructure with planned investments totaling approximately 200 million SEK annually, serving over 64,000 customers across Jämtland.

Differentiator

Problem solved

Functional benefit

Products and services

• Takpris (Ceiling Price Electricity Contract) A variable quarter-hour electricity contract that follows Nord Pool spot prices downward but caps customer exposure at 80 öre/kWh when spot prices rise, with an 11 öre/kWh margin above spot. Available exclusively in electricity area SE2 (Östersund region). The price ceiling is funded by Jämtkraft's own local production matched to consumption within SE2. Targeted at residential customers who want participation in falling prices without full exposure to spikes.
• Jämtpriset (Managed Electricity Contract) A managed electricity supply contract in which Jämtkraft's electricity market experts monitor the market and pre-purchase portions of electricity for customers' future consumption, smoothing the price over time and flattening peaks. Has a 3-month notice period. Targeted at residential customers who want stable bills without active spot-market management.
• Rörligt pris (Variable Spot Electricity Contract) A variable-price electricity supply contract that follows Nord Pool exchange prices in real time, with a 14-day notice period. Suitable for customers willing to accept full spot-market exposure in both directions, including low prices and spikes. Targeted at residential customers seeking maximum upside from falling prices.
• Mikroproduktionsavtal (Micro-Production / Solar Purchase Agreement) Production agreement for customers with solar panels who produce more electricity than they consume. Allows selling surplus electricity to Jämtkraft at Nord Pool spot prices minus fees for taxes and balance costs. Targeted at residential and small-business solar prosumers in the Jämtland grid area.
• Stödtjänster med batteri (Battery Grid Support Services) Support services that let customers with home batteries help maintain balance between electricity production and consumption. Through partnership with Checkwatt aggregator and with Jämtkraft as balance-responsible party, private customers can participate in Svenska Kraftnät's stödtjänstmarknaden. Targeted at residential battery owners.
• Östersund Solpark (Community Solar Park) Solar park allowing anyone to access solar energy without having panels on their own roof. Private individuals and companies can purchase shares in the economic association that owns the park, regardless of where or how they live. Targeted at residents and businesses in Jämtland who cannot or do not want to install their own rooftop solar.
• Jämtkraft Hedge (Business Electricity Contract) Customer-adapted long-term managed electricity agreement with hedging perspective and a 3-month notice period. Supplies 100% renewable electricity. Targeted at businesses with higher consumption that need a managed commercial hedge against spot-market volatility.
• Energideklaration (Commercial Energy Declaration) Energy declaration service for apartment buildings and commercial properties. Provides a property-specific energy assessment along with concrete improvement proposals that building owners can act on. Targeted at property owners, housing associations, and commercial real-estate operators.
• Elnätsanslutning (Grid Connection Service) Electricity grid connection service for businesses, including new connections, construction power, production connections, grid connection of generators (RfG), and high-capacity connections over 1 MW. Targeted at businesses, developers, and generation operators connecting to the Jämtkraft grid.
• Byggström (Construction Power) Temporary electricity connection during construction projects. Available with 25A or 63A fuse sizes, with the building cabinet either provided by Jämtkraft or supplied by the customer. Targeted at construction sites, contractors, and developers building in the Jämtkraft service area.
• Energitjänster (Business Energy Services) Energy services bundle for businesses including solutions for energy companies (reseller support), grid support services (stödtjänster), production support, and active management of customer portfolios. Targeted at larger commercial and industrial customers requiring active energy and balance management.
• Kabelanvisning och trädfällning (Cable Location and Tree-Felling Supervision) Cable routing/location service for excavators (free via Ledningskollen if requested 5 days in advance) and supervision of tree-felling work near power lines to ensure safety. Targeted at property owners, contractors, and farmers in the grid service area.
• Fjärrvärme (District Heating Supply) District heating from renewable sources, primarily bioenergy and recovered energy, distributed through a hot-water pipe network to multiple buildings from a central plant. Supplied in Östersund, Krokom, and Åre municipalities. Includes connection fees and consumption-based pricing per MWh. Targeted at property owners in those municipalities.
• Fjärrvärmeinstallation (District Heating Installation Service) Complete district heating installation service including supply of a heat exchanger for heating and hot water, connection to the district heating network, and adaptation of the meter fuse and electrical installations. Carries a 5-year warranty. Targeted at property owners connecting a new building to the Östersund/Krokom/Åre district heating network.
• Serviceavtal fjärrvärme (District Heating Service Contract) Recurring service agreement at 75 SEK/month including biennial service visits, free fault assistance on weekdays, 24/7 emergency service with a 4-hour response, phone support, 20% discount on spare parts, and Sinfra self-deductible insurance. Targeted at existing district heating customers who want scheduled maintenance and fast fault response.
• Energideklaration villa och fritidshus (Residential Energy Declaration) Energy declaration service for villas and holiday homes, providing an energy inspection, concrete improvement proposals, and registration of the declaration with Boverket's central register. Targeted at private homeowners and holiday-home owners needing a Swedish energy declaration for sale or renovation planning.
• Byte av fjärrvärmecentral (District Heating Central Replacement) Complete fixed-price replacement of a district heating central unit, including a Metro Therm heat exchanger, installation labour, removal of the old unit, and a 5-year warranty. Priced at 33,788 SEK (with ROT tax deduction) or 39,750 SEK (without). Targeted at property owners in Östersund, Krokom, and Åre whose existing heat exchanger is at end of life.

Quantifiable outcome

• Price protection at 80 öre/kWh ceiling prevented worst electricity price spikes during January 2026 record prices for Takpris customers
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• TibbercoreTechnology or IntegrationPartnership enabling quarter-hour price optimization through Tibber's smart app. Tibber customers can optimize their electricity consumption to times of lowest prices. Integration includes smart charging for electric vehicles with solar production surplus, Pulse real-time meter compatibility, and automatic load balancing. Jämtkraft receives customer referrals from Tibber platform.
• CheckwattcoreTechnology or IntegrationAggregator partnership enabling private individuals with electricity contracts and production agreements with Jämtkraft to participate in support services market (stödtjänstmarknaden). Checkwatt aggregates distributed battery resources to provide grid balancing services, with Jämtkraft as balance responsible party (balansansvarig aktör).
• RedLockerminorGTM or Marketing PartnerSponsorship partnership providing free menstrual products to sports clubs with partner agreements in Östersund municipality. Initiative aims to create safer sports environments where menstruation is not a barrier to participation in training, matches, or other activities.
• SinframinorGTM or Marketing PartnerInsurance partnership providing self-deductible elimination insurance for district heating customers who sign service contracts. If damage occurs covered by home insurance, Sinfra pays the policy deductible.
• Svenska KraftnätcoreStrategic or Co-development PartnerNational grid operator providing regulatory framework for grid connections, balance responsible market participation, and support services. Jämtkraft as balance responsible party interacts with Svenska Kraftnät for grid balancing services.
• Nord PoolcoreTechnology or IntegrationNordic electricity exchange where spot prices are determined for Jämtkraft's variable electricity products. Prices set daily at 13:00 for the coming 24 hours with quarter-hour granularity.
• Östersund Solpark Economic AssociationminorStrategic or Co-development PartnerCommunity solar garden (solkraftspark) allowing anyone to access solar energy regardless of housing situation. Jämtkraft supports and facilitates the economic association that owns the solar park.
• LedningskollenminorOthersNational utility infrastructure mapping service for cable routing before excavation. Jämtkraft participates in the service allowing property owners and contractors to request cable location information.
• GeomatikkminorOthersThird-party contractor providing emergency cable routing services for Jämtkraft's service area. Handles urgent cable location requests.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Tibber: Norwegian-origin digital electricity retailer active across the Nordics, partnering with Jämtkraft for quarter-hour pricing and EV smart charging. Competes in Swedish retail electricity supply with a digital-first model and dynamic pricing, representing the new wave of retailers challenging traditional utilities.
• Checkwatt: Swedish aggregator enabling residential batteries and DERs to participate in Svenska Kraftnät's stödtjänster market. Direct partnership counterparty for Jämtkraft's VPP offering; comparable in its focus on residential VPP aggregation, which is an emerging adjacent category for utilities.

Broad incumbents

• E.ON Sverige: Major Swedish electricity retailer and grid operator (formerly E.ON Sverige / E.ON Energidistribution). Competes with Jämtkraft Elnät and retail supply; broader incumbent with national scale and advanced digital offerings.
• Statkraft: Norwegian state-owned renewable energy generator and major player in Nordic power markets. Comparable as a Nordic renewable-heavy energy operator with wholesale market presence and growing into retail/flexibility services across the region.
• Vattenfall: Sweden's largest state-owned utility and one of Europe's biggest electricity producers/retailers. Competes with Jämtkraft in Swedish retail supply and is the dominant national incumbent; broadly comparable product set but vastly larger scale and pan-European footprint.

Direct peers

• Umeå Energi: Municipally-owned utility in Umeå providing electricity, district heating, cooling, and grid services. Comparable to Jämtkraft as a northern Swedish integrated municipal utility with similar product portfolio and CHP-based district heating.
• Tekniska Verken i Linköping: Swedish municipally-owned utility offering electricity, district heating/cooling, gas, water, and waste services. Comparable in municipal ownership and integrated utility model, though larger and serving a more urban market.
• Mälarenergi: Swedish municipal energy company providing electricity, district heating, water, and broadband in the Mälardalen region. Comparable integrated utility profile and municipal ownership, similar product mix to Jämtkraft including CHP-based heating.
• Jönköping Energi: Municipally-owned Swedish utility providing electricity supply, grid services, district heating, and fiber. Comparable to Jämtkraft in vertically integrated model, municipal ownership, and product breadth, though in a more southern Swedish service area.
• Skellefteå Kraft: Swedish municipal energy utility based in Skellefteå, offering electricity generation, distribution, retail supply, district heating, and broadband. Closely comparable to Jämtkraft in ownership structure (municipally owned), vertically integrated model, Nordic renewable mix, and northern Sweden service territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@jamtkraft-ab
• Facebookfacebook.com/jamtkraft
• LinkedInse.linkedin.com/company/jamtkraft-ab
• Instagraminstagram.com/jamtkraftab

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 Jämtkraft AB