TEAG Thüringer Energie

What TEAG Thüringer Energie does

TEAG Thüringer Energie AG is the largest municipal energy company in Thuringia, Germany, supplying electricity, natural gas, and district heating to approximately 500,000 customers across Germany. The company operates an integrated utility platform organized through wholly-owned subsidiaries: TEN Thüringer Energienetze (electricity and gas grid operations), Thüringer Netkom GmbH (fiber optic telecommunications with over 200,000 km of cable — the second largest fixed network in Thuringia after Deutsche Telekom), TEAG Solar GmbH (photovoltaic systems and solar parks), TEAG Mobil GmbH (public EV charging infrastructure with over 1,000 charging points across 9 German states, established in 2023), Thüringer Wärme Service GmbH (district heating with innovative combined heat and power systems), TMZ (metering services), and TEP Thüringer Energie Speichergesellschaft (energy storage). Underlying technology includes a 24/7 Network Operations Center for fiber monitoring, smart metering infrastructure for electricity and water, and High Power Charging stations up to 400 kW.

The business operates on subscription and usage-based revenue models across multiple customer segments: private households (primary), business and industrial customers, and municipalities/stadtwerke. TEAG is the Grundversorger (basic supplier) for its network area, providing regulated supply responsibility alongside Ökostrom tariffs, heating electricity for heat pumps, and dynamic pricing options. Go-to-market combines a self-service digital channel (website mein-zuhause.teag.de, Kundenportal/EnergieBanking, and TEAG Mobil app), a phone-based service hotline, a direct field sales force in Thuringia, and partnerships (e.g., EDEKA supermarket chain for retail charging locations, ADAC for E-Mobility Day events). Capital intensity is significant, with €70M committed for EV charging by 2025 and individual fiber expansion projects in the €36-37.5M range. Ownership rests with Thuringian municipalities and public entities, making it a kommunaler Energieversorger rather than a venture-backed or publicly traded company.

Name

TEAG Thüringer Energie

Legal name

TEAG Thüringer Energie AG

Website

https://thueringerenergie.de

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

TEAG Thüringer Energie AG is Thuringia's largest municipal energy utility, supplying electricity, gas, and district heating to 500,000+ customers across Germany through integrated subsidiaries spanning fiber optic internet, EV charging, and solar generation.

Ownership category

akta.pro rank

Product category

Integrated Energy Utility

NAICS

Electric Power Generation, Transmission and Distribution (2211), Steam and Air-Conditioning Supply (22133), Solar Electric Power Generation (221114)

SIC

Steam & Air-Conditioning Supply (4961), Natural Gas Transmisison & Distribution (4923), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

DER Management Systems (DERMS) & Virtual Power Plants (VPP) (EUADAPAD)

akta.pro secondary industry

DER Data Management, Forecasting & Analytics (Solar/Load Forecasts) (EUADALAM)

Keywords

• Retail electricity supply
• Natural gas distribution
• Public EV charging
• Fiber optic broadband
• District heating services

Headquarters

HQ city

Erfurt

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Supply: Retail electricity supply to approximately 500,000 customers across Germany, including eco-power (Ökostrom) tariffs and heating electricity (TEAG.Heizstrom) for heat pumps.
2. Natural Gas Supply: Natural gas supply to residential, business, and industrial customers throughout Germany.
3. District Heating (Fernwärme): District heating services through Thüringer Wärme Service GmbH, including innovative combined heat and power (iKWK) systems.
4. Telecommunications/DSL/Fiber: High-speed internet (up to 1,000 MBit/s), telephone flatrate to German landline, IP-TV, and related services through Thüringer Netkom GmbH.
5. EV Charging Infrastructure: Public EV charging services through TEAG Mobil GmbH, including charging app (49 cents/kWh), with both AC and DC fast charging at over 150 locations in 9 German states.
6. Energy Solutions & Consulting: Energy efficiency consulting, photovoltaic systems, storage solutions, building renovation support (iSFP), and smart home energy management services.
7. PV & Solar Systems: Solar park development and operation through TEAG Solar GmbH, including commercial and industrial PV installations.

Pricing tiers

Go-to-market motion3 records

Distribution channels9 records

Marketing channels12 records

Core offering

TEAG Thüringer Energie AG is an integrated municipal energy utility supplying electricity, natural gas, and district heating to residential, business, and industrial customers across Germany. Through subsidiaries (TEAG Solar, TEAG Mobil, Thüringer Netkom, Thüringer Wärme Service, TEP), the company also delivers photovoltaic solutions, public EV charging infrastructure with over 1,000 charging points across 9 German states, and fiber optic internet/TV/telephone services over a 200,000+ km fiber network.

Product overview

TEAG Thüringer Energie AG is a regional energy utility based in Erfurt, Thuringia, operating as the largest municipal energy company in the state. The company offers a diversified portfolio of energy products and services organized across multiple subsidiaries: core electricity and natural gas supply for residential and commercial customers; TEAG Mobil GmbH (est. 2023) for electromobility with public charging infrastructure and a mobile app; Thüringer Netkom GmbH for fiber optic internet services (ThüringenDSL/ThüringenFiber) with speeds up to 1,000 MBit/s; TEAG Solar GmbH for photovoltaic solutions and solar parks; and Thüringer Wärme Service GmbH for district heating. Supporting digital services include the TEAG Kundenportal/EnergieBanking online portal and app for contract management, meter readings, and consumption monitoring. The company serves approximately 500,000 customers nationwide and operates energy network infrastructure across Thuringia.

Differentiator

Problem solved

Functional benefit

Brands

• TEAG: Primary brand name for the Thuringian Energy company offering electricity, gas, and energy solutions
• TEAG MeinZuhause
• TEAG Mobil
• ThüringenDSL
• ThüringenFiber

Products and services

• TEAG Ökostromtarife Eco-friendly electricity tariffs (Ökostrom) supplying renewable energy to residential and commercial customers throughout Germany.
• TEAG Erdgastarife Natural gas tariffs for heating and cooking supplied to residential and commercial customers.
• TEAG.Heizstrom Special electricity tariff designed for interruptible/controllable heating devices such as heat pumps with separate electricity meters.
• TEAG Mobil Public EV Charging Public EV charging infrastructure network operated by TEAG Mobil GmbH with over 1,000 charging points (AC and DC up to 400 kW) across 9 German states, accessible via the TEAG Mobil app, credit card, or EC card.
• ThüringenDSL / ThüringenFiber.privat Fiber optic internet services for residential and business customers with speeds up to 1,000 MBit/s, including telephone flatrate to German landlines and IPTV.
• District Heating (Fernwärme) District heating solutions delivered by Thüringer Wärme Service GmbH to municipalities and industrial customers, including innovative combined heat and power (iKWK) systems.
• TEAG Solar PV Solutions Photovoltaic system solutions for rooftops and large-scale solar parks through TEAG Solar GmbH, including commercial and industrial PV installations.
• Energielösungen (Sanierung & Nachhaltigkeit) Energy efficiency consulting, building renovation support including individual renovation roadmaps (iSFP), photovoltaic systems, storage solutions, and smart home energy management services.
• Haus- & Baustromanschluss Electricity grid connection services for residential properties and construction sites.
• Erdgashausanschluss Natural gas grid connection service for residential properties.
• TEAG Kundenportal / EnergieBanking Online customer portal and mobile application allowing customers to manage contracts, submit meter readings, adjust direct debit payments, monitor consumption, and handle self-service operations.
• TEAG Netzleitstelle (NOC) 24/7 Network Operations Center operated by Thüringer Netkom monitoring over 200,000 fiber optic kilometers to detect and resolve issues proactively for TV, internet, and telephone services.
• TEAG Digital Water Meters Digital ultrasonic water meters that detect leaks early, save energy, and help reduce water losses for residential and municipal customers.

Quantifiable outcome

• Thuringia leads Germany with only 11.7 electric cars per public charging point vs 16.7 national average
• +4 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• EDEKA Handelsgesellschaft HessenringcoreStrategic or Co-development Partner · 29 October 2025Strategic partnership for EV charging infrastructure at EDEKA supermarket parking lots. TEAG Mobil is installing over 170 charging stations across EDEKA locations in Thuringia and Hesse, addressing the 'tenant question' for apartment dwellers who lack home charging options. The partnership brings modern charging infrastructure directly to residential areas with approximately 8,000 residents per location.
• Stadt SchleizcoreStrategic or Co-development Partner · 8 May 2025Partnership with the municipality of Schleiz for the installation of the largest TEAG Mobil charging park at the Autobahn A9 exit. The 20 rapid charging points serve both local residents and transit traffic from the important North-South connection. Mayor Marko Bias views the installation as 'a symbol for the innovative power of TEAG Mobil' and a return to local automotive traditions.
• ADAC Hessen Thüringen e.V.majorGTM or Marketing Partner · 4 May 2024Partnership for annual E-Mobility Day events at the ADAC Fahrsicherheitszentrum in Nohra near Erfurt. The events attract nearly 600 E-auto enthusiasts for test drives and consultations on charging and charging infrastructure. ADAC provides the venue and support for consumer education and brand visibility.
• Automotive Dealers (Autohaus Glinicke, Autohaus Max Schultz, Autohaus Schorr, Reichstein & Opitz, Tesla Center Erfurt/Berlin, Autohaus Porsche, Autohaus Ehrhardt SEAT/Cupra, Autohaus Liebe)majorGTM or Marketing Partner · 4 May 2024Network of automotive dealers providing test drive vehicles for TEAG Mobil E-Mobility Day events. Includes major brands such as Tesla, Mercedes, Opel, VW, SEAT Cupra, and Audi.
• TEN Thüringer Energienetze GmbH & Co. KGcoreTechnology or IntegrationCore network subsidiary responsible for electricity and gas grid operations. Part of the TEAG group, operating the energy distribution infrastructure in Thuringia.
• Thüringer Netkom GmbHcoreTechnology or Integration100% owned telecommunications subsidiary operating Thuringia's second largest fiber optic network with over 200,000 km of fiber. Provides high-speed internet, IP-TV, and telephone services.
• TEAG Solar GmbHcoreTechnology or IntegrationSubsidiary focused on photovoltaic solutions including solar park development and operation, commercial and industrial PV installations.
• TEAG Mobil GmbHcoreTechnology or IntegrationSubsidiary established in early 2023 for electromobility and individual transport. Operates over 1,000 public EV charging points across 9 German states with plans to add 1,000 more by 2028.
• Thüringer Wärme Service GmbH (TWS)coreTechnology or IntegrationSubsidiary providing district heating solutions including innovative combined heat and power (iKWK) systems for municipalities and industrial customers. Organized the second Thuringian heating conference.
• TMZ Thüringer Mess- und Zählerwesen Service GmbHcoreTechnology or IntegrationSubsidiary providing metering services for electricity, gas, water, and heat.
• TEP Thüringer Energie Speichergesellschaft mbHcoreTechnology or IntegrationSubsidiary focused on energy storage solutions for the Thuringian energy system.
• KommunalService WeimarminorStrategic or Co-development PartnerMunicipal service company transitioning fleet to electric vehicles including cars, transport vehicles, and trucks, with charging infrastructure on company premises.

Scale indicators17 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Leipziger Stadtwerke: Largest municipal utility in Leipzig/Saxony, operating electricity, gas, district heating, broadband, and public transport — a near-analogous German municipal multi-utility structure to TEAG, with comparable scale and regulatory Grundversorger role in adjacent territory.
• envia Mitteldeutsche Energie: Regional energy supplier covering Saxony, Saxony-Anhalt, Brandenburg, and Thuringia with electricity, gas, and increasingly EV charging; directly comparable geographic footprint and customer base to TEAG in the central German market.
• Mainova AG: Frankfurt-based municipal utility supplying electricity, gas, district heating, and water to ~1M customers; comparable multi-utility municipal structure with similar mix of regulated and competitive businesses as TEAG.
• N-ERGIE Aktiengesellschaft: Nuremberg municipal utility with electricity, gas, district heating, water, and fiber optic services; closely comparable integrated municipal utility model with similar customer scale and product breadth.
• Stadtwerke Köln (SWK): Large German municipal utility serving the Cologne region with energy, water, and broadband; comparable in business model breadth and municipal ownership structure, though larger in scale.
• Pfalzwerke AG: Regional municipal utility in Rhineland-Palatinate offering electricity, gas, district heating, broadband (PFALZKOM), and EV charging; comparable structure as a multi-vertical regional municipal energy provider.
• Stadtwerke Erfurt: Local municipal utility also headquartered in Erfurt competing with TEAG in its home market for electricity, gas, district heating, and swimming pools — a direct regional competitor in TEAG's core territory.

Broad incumbents

• E.ON SE: One of Europe's largest integrated utilities operating networks, retail energy, and increasingly distributed energy/EV services; competes in TEAG's customer-facing markets and is a much larger broad incumbent across Germany.
• EnBW Energie Baden-Württemberg: Major German integrated utility with leading public EV charging network (EnBW mobility+) and broadband/energy offerings; directly comparable in EV charging and energy retail, with national scale advantage.

Others

• Thüringer Netkom GmbH (TEAG subsidiary): Wholly-owned TEAG subsidiary operating Thuringia's second-largest fiber network; comparable to Deutsche Glasfaser and Thüringer Telekom broadband peers as a regional fiber internet provider in the same geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@TEAG
• LinkedInlinkedin.com/company/teag
• Instagraminstagram.com/teag_gruppe
• Xx.com/teag_info
• Facebookfacebook.com/ThueringerEnergie

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries7 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 TEAG Thüringer Energie