DREWAG

What DREWAG does

DREWAG - Stadtwerke GmbH is a municipal utility headquartered in Dresden, Germany, that has been fully integrated into SachsenEnergie AG while continuing to serve customers under preserved contracts, prices, and services. The company supplies electricity (standard, green/ecotarifs, dynamic, heat-pump, and EV tariffs), natural gas, district heating and cooling (Fernwärme, Nahwärme, Fernkälte), and drinking water (sourced via its river-water works) to residential, commercial, industrial, and municipal customers in Dresden and Eastern Saxony. Its owned infrastructure also includes a fiber-optic and DSL telecommunications network (SachsenGigaBit/SachsenNet brands, up to 1,000 Mbit/s via XGS-PON and Fibertwist), XGS-PON last-mile technology, e-mobility charging (wallboxes, public charging, StromTanken app), solar/PV systems with battery storage and HEMS, heat pumps, submetering for property managers, and grid services such as Redispatch 2.0 and Power Purchase Agreements.

The business model is subscription- and tariff-based across regulated Grundversorgung and competitive offerings, with revenue derived primarily from recurring utility supply (electricity, gas, water, heating, internet) supplemented by hardware sales (wallboxes from EUR 299, PV systems), professional services (submetering, Direktvermarktung), and B2B commercial/industrial supply. Go-to-market is hybrid: direct-to-consumer via digital self-service portals, a chatbot ('Ella'), toll-free phone sales (0800 lines), and a regional network of EnergieTreff walk-in consultation centers; direct-to-business via a dedicated Business Portal, account management, and a KommunalPortal for municipal customers. Distribution relies on the company's own regulated electricity, gas, water, heating, and telecom networks, providing structural delivery advantages in the Saxon service territory.

DREWAG is owned by the city of Dresden (now within SachsenEnergie AG, a state-level Saxon energy group), and its operating brands include DREWAG, SachsenEnergie, SachsenGigabit, and SachsenNet. Generation assets span CHP plants (Innovationskraftwerk Reick, RING30), wind, solar/photovoltaik, biomass, and hydropower plus battery storage. Recognition includes DTGV 'Herausragender Regionalversorger' and TOP-Lokalversorger Strom & Gas designations. Revenue, funding history, and detailed financial metrics are not disclosed in the available source data.

Name

DREWAG

Legal name

DREWAG - Stadtwerke GmbH

Website

https://drewag.de

Company type

Private

Founded year

1991

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

DREWAG - Stadtwerke GmbH, now integrated into SachsenEnergie AG, is a Dresden-based municipal utility supplying electricity, natural gas, water, district heating, fiber internet, e-mobility, and solar solutions to residential, commercial, industrial, and municipal customers across Saxony, Germany.

Ownership category

akta.pro rank

Product category

Municipal Utility Services

NAICS

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

SIC

Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching (EUAAADAA)

akta.pro secondary industry

DER Grid Services & Market Enablement (Ancillary Services, Flexibility) (EUADALAK)

Keywords

• Municipal utility services
• District heating supply
• Electricity retail
• Natural gas distribution
• Fiber optic internet

Headquarters

HQ city

Dresden

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Supply (Strom): Sale of electricity to residential, commercial, industrial, and municipal customers under regulated tariffs and competitive market offerings. Includes standard supply, green/ecotariffs, dynamic tariffs, heat pump tariffs, and electric vehicle tariffs.
2. Natural Gas Supply (Erdgas): Sale of natural gas to residential, commercial, industrial, and municipal customers under regulated and competitive tariffs.
3. District Heating (Fernwärme/Nahwärme): Centralized heating energy delivery via long-distance and local district heating networks to residential, commercial, and municipal properties.
4. Water Supply (Trinkwasser): Drinking water supply to residential, commercial, and industrial customers within the DREWAG/SachsenEnergie network area.
5. Internet and Telecommunications: DSL and fiber-optic internet services (SachsenGigaBit), telephone services, and internet TV delivered via the company's own telecommunications infrastructure. Revenue from monthly subscription fees for internet/phone bundles.
6. E-Mobility Solutions: Sale and rental of wallbox charging hardware, public charging services via charging cards and apps, and fleet charging infrastructure for businesses and municipalities.
7. Photovoltaik (Solar) Systems: Sale of solar (photovoltaik) systems and associated batteries for residential, commercial, and municipal customers. Includes HEMS (Home Energy Management System) offerings.
8. Submetering Services: Submetering services for the real estate/property management sector, including device service, heating and operating cost billing, and consumption information services.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

DREWAG - Stadtwerke GmbH, now integrated into SachsenEnergie AG, is a municipal utility that supplies electricity, natural gas, water, and district heating/cooling to residential, commercial, industrial, and municipal customers across Dresden and Eastern Saxony. The company also delivers DSL and fiber-optic internet (SachsenGigaBit, SachsenNet) with speeds up to 1,000 Mbit/s, and offers e-mobility charging, photovoltaic systems, heat pumps, and submetering services. Core revenue comes from regulated and competitive utility tariffs, telecom subscriptions, and hardware sales.

Product overview

DREWAG (DREWAG - Stadtwerke GmbH) is a regional energy utility company that has been integrated into SachsenEnergie AG. The company offers a comprehensive portfolio of energy and telecommunications products and services: (1) Core energy services including electricity, natural gas, district heating/cooling, and water supply for residential, commercial, industrial, and municipal customers; (2) Telecommunications services including fiber optic internet (SachsenGigabit, SachsenNet), DSL, telephone, and TV services; (3) E-mobility solutions including home wallboxes and public charging infrastructure with the StromTanken App; (4) Solar and heat pump products for residential and commercial customers; (5) Digital services including customer portals, business portals, and submetering for property management. The products are offered under the SachsenEnergie, DREWAG, SachsenGigabit, and SachsenNet brands, serving customers in Dresden and eastern Saxony (Ostsachsen).

Differentiator

Problem solved

Functional benefit

Brands

• SachsenGigabit: Internet and fiber optic services brand under SachsenEnergie for Sachsen region
• SachsenNet

Products and services

• Strom (Electricity Supply) Electricity supply for residential and business customers in Dresden and Saxony, including standard, eco/green, dynamic, heat pump, and EV electricity tariffs, as well as basic and replacement supply.
• Erdgas (Natural Gas Supply)
• Wärme (District Heating and Cooling)
• Wasser (Drinking Water Supply)
• Internet & Telefon (SachsenGigaBit / SachsenNet)
• E-Mobilität (E-Mobility Solutions)
• Solaranlage / Photovoltaik (Solar Systems)
• Wärmepumpe (Heat Pumps)
• Gewerbestrom / Gewerbegas (Commercial Electricity and Gas)
• Industriestrom / Industriegas (Industrial Energy Supply)
• Submetering Services
• Kommunales Energiemanagement (Municipal Energy Management)

Quantifiable outcome

• Solar customers can generate up to 70% of their own electricity needs with a private photovoltaic system
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 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.

• Novaled GmbHminorOthersSachsenEnergie supplies process water and energy to Novaled GmbH, a Dresden-based OLED materials company that supplies Samsung for use in OLED displays. Novaled was featured in SachsenEnergie's newsroom as a reference customer for industrial energy supply and process water services for high-tech manufacturing.

Scale indicators4 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• E.ON: German energy giant operating regulated distribution networks and retail supply across Germany. Direct overlap with DREWAG's distribution and retail electricity/gas business, but at national/European scale and without the integrated heating/water/telecom bundle.
• Vattenfall: Swedish state-owned utility with significant operations in eastern Germany, including generation, district heating, and retail. Comparable in operating in the same eastern German market and offering overlapping services, but as a large foreign incumbent rather than a municipal utility.
• EnBW (Energie Baden-Württemberg): One of Germany's four major integrated energy utilities, operating generation, T&D, and retail across multiple states. Comparable in offering an integrated utility stack overlapping with DREWAG's portfolio, but at national scale and as a publicly listed incumbent rather than a municipal utility.

Direct peers

• Mainova: Frankfurt-based municipal utility (Stadtwerke) supplying electricity, gas, district heating, and water in Hesse. Closely analogous to DREWAG in scope of services, municipal ownership structure, and reliance on regulated distribution concessions.
• Leipziger Stadtwerke: Largest municipal multi-utility in Saxony, serving Leipzig and surrounding areas with electricity, gas, district heating, water, and broadband. Direct peer given shared geography, same Stadtwerke model, and overlapping product portfolio with DREWAG/SachsenEnergie.
• Stadtwerke Heidelberg: Mid-sized German municipal utility supplying electricity, gas, district heating, and water in Heidelberg. Comparable Stadtwerke multi-utility operating under similar regulatory and municipal-ownership conditions as DREWAG, though in a different region.
• N-ERGIE: Municipal utility serving Nuremberg and Middle Franconia with electricity, gas, district heating, water, and broadband. Comparable multi-utility Stadtwerke with similar customer mix across residential, commercial, and municipal segments.
• Thüga: German holding company for municipal utilities, providing shared services and procurement to ~100 Stadtwerke across Germany. Peer at the cooperative/multi-utility model level, relevant to DREWAG/SachsenEnergie as a similar municipal-utility platform.
• envia Mitteldeutsche Energie: Regional energy supplier and distribution network operator in eastern Germany (Saxony, Saxony-Anhalt, Brandenburg, Thuringia). Closely comparable to DREWAG in serving the same eastern German market with electricity and gas distribution, though structured as a private-public hybrid rather than a municipal utility.
• Stadtwerke München (SWM): One of Germany's largest municipal utilities, providing electricity, district heating, gas, water, and telecom (M-net) to Munich and surrounding regions. Direct peer in the Stadtwerke multi-utility archetype and a benchmark for DREWAG's integrated business model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/drewag

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 DREWAG