LSW

What LSW does

LSW (Lokalversorger), operating as LSW Energie GmbH & Co. KG, is a regional energy and water utility headquartered in Wolfsburg, Germany, structured as a group with LSW Holding GmbH & Co. KG at the top and operating subsidiaries LSW Energie GmbH & Co. KG, LSW Netz GmbH & Co. KG (network operations), and LandE GmbH (energy services). The company supplies electricity, natural gas, drinking water, district heating (Fernwärme) produced through combined heat and power (CHP/KWK) technology, and e-mobility services to approximately 200,000 households in Wolfsburg, Gifhorn, and surrounding Lower Saxony, holding the default-supply (Grundversorgung) position in its licensed territory.

The product portfolio spans six electricity tariffs (LSW INDIVIDUALSTROM, WÄRMESTROM, KOMPAKTSTROM as Grundversorgung, AUTOSTROM, FLEXSTROM, and Ökostrom), three natural gas tariffs (KOMFORTGAS, KLIMAGAS, and KOMPAKTGAS as Grundversorgung), plus bundled water, Fernwärme, EV charging, and dedicated business customer offerings. Distribution is direct-to-consumer through an integrated customer portal/app (kundenportal.lsw.de), telephone service, and physical customer centers in the Wolfsburg region. Revenue is generated primarily through recurring, consumption-based tariffs on essential services, with pricing adjusted semi-annually; in 2026, Fernwärme moved to index-based pricing via the Wärmepreisindex.

Management is led by Spokesperson of the Management Board Sybille Schönbach (in role since February 2012, reappointed in May 2026 through 29 February 2032) and commercial Managing Director René Lange, under the chairmanship of Supervisory Board head Peter Kassel. LSW also operates the BERGMANN Elektrizität & Gas and PaderEnergy consumer-facing sales brands, extending its commercial reach beyond the Wolfsburg concession. The company has publicly committed to climate neutrality by 2045, with ongoing modernization of the district heating network and integration of renewable generation as the central transformation lever.

Name

LSW

Legal name

LSW Energie GmbH & Co. KG

Website

https://lsw.de

Company type

Private

Founded year

1980

Operating status

Operating

Short description

LSW Energie GmbH & Co. KG is a regional German utility headquartered in Wolfsburg, supplying electricity, natural gas, drinking water, district heating, and e-mobility services to approximately 200,000 households in Wolfsburg, Gifhorn, and surrounding Lower Saxony.

Ownership category

akta.pro rank

Product category

Regional Multi-Utility (Electricity, Gas, Water, District Heating)

NAICS

Electric Power Generation, Transmission and Distribution (2211), Pipeline Transportation of Natural Gas (486210), Steam and Air-Conditioning Supply (221330)

SIC

Natural Gas Transmisison & Distribution (4923), Steam & Air-Conditioning Supply (4961), Water Supply (4941)

akta.pro primary industry

Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling) (EUAAACAL)

akta.pro secondary industry

Cable Fault Location, Testing & Repair (MV/LV) (EUAEACAM)

Keywords

• Regional energy supply
• District heating services
• Drinking water utility
• Residential electricity tariffs
• Natural gas distribution

Headquarters

HQ city

Wolfsburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Energy Supply (Strom, Erdgas): Recurring supply of electricity and natural gas to approximately 200,000 residential and business households in Wolfsburg and surrounding regions. Customers pay based on consumption (usage-based billing with regular meter readings).
2. Drinking Water Supply: Supply of drinking water to households in the Wolfsburg supply area.
3. District Heating (Fernwärme): Supply of district heating produced via CHP. Prices adjusted semi-annually/annually (January and July). For medium apartments, annual costs reduced by approximately 76 EUR gross (January 2026). For single-family homes, approximately 141 EUR/year savings.
4. E-Mobility Services: Products and services related to electric mobility including charging solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

LSW is a regional energy and water utility that supplies approximately 200,000 households in Wolfsburg, Gifhorn, and surrounding areas with electricity (multiple residential and business tariffs), natural gas (including climate-neutral options), drinking water, and district heating generated via combined heat and power. The company also offers e-mobility charging solutions and dedicated business customer energy products, supported by a customer portal, mobile app, telephone support, and local customer centers.

Product overview

LSW (Lokalversorger) is a regional energy utility based in Wolfsburg, Germany, offering a comprehensive portfolio of energy products and drinking water services. The company provides electricity products (LSW INDIVIDUALSTROM, LSW WÄRMESTROM, LSW KOMPAKTSTROM as basic supply, LSW AUTOSTROM, LSW FLEXSTROM, and Ökostrom/green electricity) and natural gas products (LSW KOMFORTGAS, LSW KLIMAGAS climate-neutral gas, LSW KOMPAKTGAS as basic supply). Additionally, LSW supplies drinking water (Wasser) and district heating (Fernwärme) generated through combined heat and power (CHP). The company also offers electric mobility solutions (E-Mobilität) and dedicated business customer products (LSW Geschäftskunden). The product portfolio serves approximately 200,000 households across Wolfsburg, Gifhorn, and surrounding areas. LSW is committed to climate neutrality goals, with district heating positioned as a key component of Wolfsburg's path to climate neutrality by 2045.

Differentiator

Problem solved

Functional benefit

Brands

• BERGMANN – Elektrizität & Gas: A sales brand of LSW for electricity and gas products.
• PaderEnergy

Products and services

• LSW INDIVIDUALSTROM
• LSW WÄRMESTROM Specialized electricity tariff designed for customers with electric heating systems such as heat pumps or direct electric heating.
• LSW KOMPAKTSTROM (Grundversorgung) Standard basic electricity supply tariff (Grundversorgung) available to all households in the supply area, serving as the default provider for customers without a contracted supplier.
• LSW AUTOSTROM Specialized electricity tariff for electric vehicle owners, providing preferential rates for charging electric cars at home.
• LSW FLEXSTROM Flexible electricity tariff with variable pricing that allows customers to benefit from market price fluctuations.
• Ökostrom Green electricity product sourced from renewable energy, providing environmentally conscious customers with electricity from renewable sources.
• LSW KOMFORTGAS Natural gas tariff with comfortable pricing structure for residential customers seeking reliable gas supply.
• LSW KLIMAGAS Climate-neutral natural gas product that compensates for CO2 emissions, offering environmentally conscious customers a more sustainable gas option.
• LSW KOMPAKTGAS (Grundversorgung) Standard basic natural gas supply tariff (Grundversorgung) serving as the default gas provider for customers without a contracted supplier.
• Wasser (Drinking Water Supply) Drinking water supply service providing clean, safe drinking water to households in Wolfsburg, with LSW managing water wells, springs, and the drinking water distribution network.
• Fernwärme (District Heating) District heating service supplying thermal energy for space heating and hot water, generated using combined heat and power (CHP/KWK) technology, with planned integration of renewable energy sources to support Wolfsburg's path to climate neutrality by 2045.
• E-Mobilität (E-Mobility Services) Electric mobility services including charging solutions for electric vehicles, forming part of LSW's strategy to support climate goals in Wolfsburg.
• LSW Geschäftskunden (Business Customers) Business customer offerings providing energy solutions for commercial and industrial customers, including tailored electricity and gas contracts for businesses.

Quantifiable outcome

• 200,000 households served with energy and water services
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature1 record

Partnerships

Two partnerships are on record, tiered minor.

• Imkerverein Gifhorn (Beekeeping Association Gifhorn)minorStrategic or Co-development Partner · 1 January 2025LSW collaborates with the Imkerverein Gifhorn on the educational school project 'Die Bienen und der Imker' (The Bees and the Beekeeper), which teaches children about honey production and the importance of bees for the ecosystem. The project involves hands-on activities where children learn about honey labeling requirements, taste different honey varieties, and experience the honey extraction process.
• Stadtforst Wolfsburg (City Forest Wolfsburg)minorStrategic or Co-development Partner · 1 January 1980Annual collaboration since 1980 for the 'Brunnen- und Quellenwanderung' (well and spring hike) event in the Wolfsburg city forest. The event educates participants about the water supply system, wells, springs, and drinking water sources in the region. Routes are available via Komoot and include detailed maps.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Stadtwerke München GmbH: Munich municipal multi-utility providing electricity, gas, district heating and water in a major German metropolitan region. Operates a directly analogous integrated municipal-utility model, though at substantially larger scale.
• EWE AG: Major Lower-Saxony-headquartered multi-utility providing electricity, natural gas, heat and telecommunications to households and businesses across northern Germany. Highly comparable scale, geography, and integrated energy/water offering.
• Stadtwerke Hannover GmbH: Municipal multi-utility serving the Hannover region in Lower Saxony with electricity, gas, district heating and water. Closely comparable business model, customer mix, and product portfolio to LSW, operating in the same federal state.
• Mainova AG: Frankfurt municipal multi-utility supplying electricity, gas, district heating and water to households and businesses. Comparable municipal-utility structure, multi-service portfolio, and regulated tariff exposure to LSW.
• Avacon AG: E.ON subsidiary operating electricity and gas distribution networks across Lower Saxony, Saxony-Anhalt and surrounding regions. Directly comparable distribution-grid and customer-relationship model in the same regional footprint.
• BS|ENERGY (Braunschweiger Versorgungs-AG & Co. KG): Municipal multi-utility based in nearby Braunschweig providing electricity, gas, district heating and water to households and businesses in the same Lower-Saxony market. Operates an analogous regional utility model adjacent to Wolfsburg, making it the closest direct peer.

Broad incumbents

• EnBW Energie Baden-Württemberg AG: Large national German energy company with electricity, gas, district heating, water and e-mobility offerings. Overlaps LSW on every energy vertical but operates across multiple states with a far broader portfolio.
• RWE AG: Major German energy incumbent with generation, supply and trading across electricity and gas markets. Direct overlap with LSW in residential and business energy supply, but at national/EU scale rather than municipal.
• Vattenfall GmbH (Germany): Swedish utility's German operations covering electricity, gas, district heating and e-mobility across multiple German regions. Comparable multi-utility product mix but operates at pan-European scale.
• E.ON SE: One of Europe's largest integrated energy utilities and parent of Avacon (which serves LSW-adjacent territory). Competes with LSW on residential electricity and gas supply at national scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/lswholding
• Instagraminstagram.com/lswholding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 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 LSW