illwerke vkw

What illwerke vkw does

illwerke vkw AG is an Austrian integrated regional energy provider headquartered in Bregenz, Vorarlberg, with operating roots tracing to Vorarlberger Kraftwerke AG and Vorarlberger Illwerke AG, which began harnessing hydropower in the region over a century ago (founded 1924). The company employs approximately 1,700 people and supplies residential and business customers in Vorarlberg and adjacent areas of Southern Germany with electricity, natural gas, district heating, heat-pump energy tariffs, photovoltaic systems with feed-in tariffs, fiber optic connectivity, and e-mobility solutions under the 'vlotte' brand. Electricity generation is anchored on 100% renewable hydropower from in-region assets, and the company also acts as the statutory Grundversorgung (default supplier) for its service territory.

The product portfolio spans three electricity tariff architectures (Strom Duo with fixed annual pricing and summer off-peak discounts, Strom Flex with monthly EEX Phelix-AT adjustments, and Strom Dynamisch with 15-minute EPEX Spot Day-Ahead AT pricing requiring smart-meter Opt-In), a wallbox line (Einfach from EUR 799 and Smart from EUR 1,149 with PV integration and dynamic load management), over 800 public charging points across Vorarlberg (with up to 400 kW ultra-fast capability and 13,000+ roaming points via partners including Wien Energie, EVN, Salzburg AG, Energie AG, Kelag, Linz AG, and TIWAG), and a subsidy-administration program for heat pumps (up to EUR 5,500), wallboxes (EUR 100), battery storage, and fiber connections.

Revenue is generated through a mix of recurring subscriptions (electricity tariffs, heat, fiber), usage-based billing (EV charging per kWh or per minute), one-time hardware sales (wallboxes and PV systems), and fee-based services (charging card at EUR 10 one-time). Distribution combines a self-service digital portal with in-person regional consultation, and the company is actively expanding into heavy-duty transport electrification with megawatt-class depot-charging deployments for logistics and bus operators (Gebrüder Weiss, STAG, Loacker Tours, NIGGBUS, Breuss Touristik) under the VERDE regional e-bus contract.

Name

illwerke vkw

Legal name

illwerke vkw AG

Website

https://vkw.at

Company type

Private

Founded year

1924

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Illwerke vkw is an Austrian regional energy provider headquartered in Bregenz, Vorarlberg, supplying residential and commercial customers with hydropower-based electricity, heat, photovoltaic, fiber optic, and e-mobility solutions across Vorarlberg and Southern Germany.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB)

Keywords

• Hydropower electricity generation
• Regional energy supply
• EV charging infrastructure
• Photovoltaic systems
• District heating services

Headquarters

HQ city

Bregenz

HQ country

Austria

HQ region

Europe

Offices1 record

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 supply: Recurring electricity supply to residential and business customers with various tariff options including fixed annual pricing, monthly flexible pricing, and quarter-hourly dynamic pricing.
2. Heat energy: Supply of natural gas, district heating (Nahwärme), and heat pump solutions to customers.
3. E-mobility charging services: Usage-based charging at public stations, residential wallboxes, and workplace charging. Pricing per kWh or per minute depending on location and roaming partner.
4. Wallbox sales and installation: Sale and installation of wallboxes for single-family homes and apartment complexes. Includes smart charging solutions with app control and PV integration.
5. Photovoltaic systems: Photovoltaic systems including installation, financing options, and feed-in tariffs for excess electricity.
6. Fiber optic connectivity: Fiber optic connection services for residential customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

illwerke vkw is a regional Austrian energy utility that generates, transmits, and distributes electricity primarily from hydropower, supplying residential and commercial customers in Vorarlberg through multiple tariff structures. The portfolio also includes natural gas and district heating supply, photovoltaic system installation and feed-in tariffs, fiber-optic internet connectivity, and a complete e-mobility ecosystem (vlotte) covering public charging stations, residential wallboxes, and roaming access to 13,000+ charging points across Austria and Southern Germany.

Product overview

illwerke vkw is a regional Austrian energy provider (Vorarlberg) offering an integrated portfolio of energy and mobility products under the vkw brand. The core offering consists of electricity products (Strom) with three distinct pricing models: Strom Duo (fixed annual pricing with summer off-peak discounts), Strom Flex (monthly variable pricing), and Strom Dynamisch (15-minute dynamic pricing based on EPEX Spot AT). Supporting products include natural gas, district heating, heat pump tariffs, and construction site electricity. The photovoltaic offering covers system installation, financing, and feed-in tariffs. The e-mobility ecosystem branded as 'vlotte' provides public charging infrastructure (800+ points, up to 400kW), home wallboxes (Basic and Smart variants), and multiple charging tariffs (PUBLIC, E-Mobility Ready, WORK) with roaming access to 13,000+ points across Austria and Southern Germany. Additional offerings include fiber optic connectivity, promotional subsidies for batteries, heat pumps, wallboxes and heating systems, plus a digital customer portal for account management. The company traces its roots to hydroelectric power utilization over 100 years ago and employs 1,700 people serving the Vorarlberg region.

Differentiator

Problem solved

Functional benefit

Brands

• vlotte: E-mobility charging infrastructure brand operating public charging stations across Vorarlberg and Austria with over 800 charging points and roaming partnerships
• Strom Duo
• Strom Flex
• Strom Dynamisch

Products and services

• Strom Duo Fixed-price residential electricity tariff with annual price adjustment and reduced summer off-peak rates (April-September, 10:00-16:00), offering approximately 2.4 ct/kWh savings. Annual price guarantee until 31.03.2027. Available as Öko+ variant with TÜV-Austria certified renewable electricity from Vorarlberg small-scale producers.
• Strom Flex Flexible electricity tariff with monthly price adjustments based on EEX energy exchange Phelix-AT Base Month Future prices, allowing customers to participate in market price movements without real-time complexity. Includes Öko+ variant. Consumption price July 2026: 12.51 ct/kWh net / 15.02 ct/kWh brutto. No price caps or floors.
• Strom Dynamisch Dynamic electricity tariff with 15-minute price adjustments based on EPEX Spot Day-Ahead AT exchange prices, enabling customers to benefit from real-time market fluctuations including negative prices. Requires Smart Meter with Opt-In configuration. Includes Öko+ variant. Maximum annual consumption: 100,000 kWh.
• Strom Einfach Standard household electricity tariff with basic pricing structure, serving as the default residential electricity supply for Vorarlberg customers.
• Strom Wärme Specialized electricity tariff designed for heat pump systems with an optimized pricing structure for heating operations.
• Baustrom (Strom Bauen) Temporary electricity supply service for construction sites, providing reliable power for building projects with consultation support.
• Grundversorgung (Strom) Legal basic electricity supply provided in accordance with statutory regulations for customers who have not chosen a specific electricity provider.
• Wärme (Heat Solutions) Comprehensive heat solutions including natural gas tariffs (Erdgastarife) and district heating (Nahwärme) for residential and commercial customers in Vorarlberg.
• Photovoltaikanlage Complete photovoltaic (PV) system offerings including professional installation, financing options, and integration with electricity supply, enabling customers to generate their own solar power.
• Photovoltaik-Einspeisetarife Feed-in tariffs for PV system owners to sell excess electricity back to the grid, with TÜV-Austria certified origin guarantees for Öko+ customers.
• E-Mobilität / vlotte Complete e-mobility ecosystem branded as vlotte, including public charging infrastructure (800+ charging points in Vorarlberg with up to 400 kW ultra-fast charging), residential wallboxes (Einfach and Smart variants), and roaming access to 13,000+ charging points across Austria and Southern Germany.
• PUBLIC Privat (Ladetarif) Public EV charging tariff for on-the-go charging at vkw charging stations and partner networks. No basic fee, no contract commitment, transparent pricing at €0.448/kWh AC and €0.478/kWh DC with a special discount of €0.072/kWh valid until 31.03.2027. Includes access to 13,000+ charging points in Austria and Southern Germany.
• E-Mobility Ready Privat (Ladetarif) Charging tariff for residents in apartment buildings where vkw wallboxes have been pre-installed as part of the "e-mobility ready" solution. Provides dedicated charging at €0.203/kWh plus public charging network access.
• WORK (Ladetarif) Workplace charging tariff for employees who charge at employer-provided vkw stations. Pricing €0.2390/kWh at employers in Austria, €0.3368/kWh at employers in Germany. Includes public charging network access.
• vkw Wallbox (Einfamilienhaus) Home EV charging stations (wallboxes) for single-family homes available in two variants: "Einfach" (Basic, from €799) for straightforward home charging, and "Smart" (from €1,149) with app control, PV integration, smart home compatibility, and load management. Both offer up to 22 kW charging power with safety certification and professional installation options (€500-€1,500).
• vlotte Ladepark/Ladestation Public EV charging infrastructure operated under the vlotte brand, including 800+ charging points across Vorarlberg with up to 400 kW ultra-fast charging capability. Includes charging facilities at retail (Hofer, Spar, Sutterlüty), e-bus depots, and commercial partner locations.
• Glasfaser Fiber-optic internet connectivity service for residential customers in Vorarlberg, providing high-speed broadband access.

Quantifiable outcome

• 800+ charging points in Vorarlberg with up to 400 kW ultra-fast charging
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• Hofer (Austria)coreStrategic or Co-development PartnerPartnership to install charging stations at Hofer supermarket locations throughout Vorarlberg. 32 locations with 70 charging points planned by 2026, offering 50-100 kW charging.
• Spar AustriacoreStrategic or Co-development PartnerPartnership to install 14 charging locations with 2 charging points each at Spar stores in Vorarlberg by 2026.
• SutterlütycoreStrategic or Co-development PartnerCharging infrastructure installation at Sutterlüty Ländlemärkte stores in Vorarlberg.
• ZIMA UnternehmensgruppecoreStrategic or Co-development PartnerImplementation of 'e-mobility ready' solution in over 20 ZIMA residential projects in Vorarlberg, preparing buildings for EV charging.
• Verkehrsverbund Vorarlberg (VVV)coreStrategic or Co-development PartnerEU-wide tender win for construction and operation of E-bus charging infrastructure across Vorarlberg as part of project VERDE.
• vmobilcoreStrategic or Co-development PartnerCollaboration partner for E-bus deployment coordination in Vorarlberg project VERDE with 8 traffic companies.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Salzburg AG: Regional Austrian utility serving Salzburg with electricity, heat, public transport and broadband — closely comparable integrated-utility model to illwerke vkw and a roaming partner.
• Energie Steiermark: Styrian regional energy utility with electricity, heat and e-mobility offerings — directly comparable to illwerke vkw's integrated multi-product stack and a vlotte roaming partner.
• Linz AG: Upper-Austrian multi-utility providing electricity, gas, public transport and fiber. Comparable on bundled-service utility model and an existing roaming partner of vlotte.
• Wien Energie: Largest municipal utility in Austria (Vienna), offering electricity, heat, e-mobility charging and fiber — directly comparable integrated utility/e-mobility stack to illwerke vkw and an existing roaming partner of vlotte.
• KELAG: Carinthian integrated energy utility offering electricity, heat and e-mobility services — directly analogous regional Austrian utility / charging-network operator and a roaming partner.
• TIWAG: Tyrolean state energy company operating hydropower assets and integrated electricity supply, comparable vertically-integrated, hydro-anchored utility model in a neighbouring Alpine region.
• EVN: Lower-Austrian integrated energy utility providing electricity, heat, network operation and EV charging. Closest analogue on multi-product utility + e-mobility model and active roaming partner of illwerke vkw.
• Energie AG: Upper-Austrian integrated energy group offering electricity, gas, heat and e-mobility services; comparable regional utility profile with cross-product bundling and an existing roaming partner of vlotte.

Broad incumbents

• Verbund AG: Austria's largest hydropower producer and DSO-affiliated utility, operating at national scale. Comparable hydro-generation base and integrated utility structure but at significantly greater scale and broader geographic reach.

Emerging players

• SMATRICS: Austrian nationwide high-power charging network operator focused on motorway and fleet DC charging. Competes with vlotte on public charging, sharing a roaming integration with illwerke vkw.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/illwerkevkw
• LinkedInlinkedin.com/company/illwerkevkw
• Facebookfacebook.com/illwerke.vkw

Revenue estimate

Valuation estimate

Number of profiles

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 illwerke vkw