Meløy Energi

What Meløy Energi does

Meløy Energi AS is a Norwegian regulated electricity distribution network operator (DSO) serving residential, commercial, and industrial customers in Meløy municipality, Nordland county. The company owns and operates the local power grid across multiple settlement areas including Ørnes, Neverdal, Halsa, Glomfjord, Åmøy, Bolga, and surrounding islands, with the notable exception of the Glomfjord industrial park, which is owned and operated by Yara Nett. Founded as a separate legal entity in 2019 under the Lysvatn Holding AS group, the company employs approximately 48 staff and operates from its headquarters at Kystveien 4, Ørnes.

The company's core infrastructure consists of the physical electricity distribution grid and an Advanced Metering System (AMS) deployed across all network customers. The AMS enables hourly consumption measurement, remote data collection via the national Elhub metering hub, and a customer-facing HAN-port (Home Area Network) interface that provides real-time visibility into power consumption, voltage levels, and surplus solar generation. Supporting products include the Nettleiekalkulator grid pricing calculator, the eSmart24web customer self-service portal, and administrative participation in the government Norgespris fixed-rate scheme effective October 1, 2025.

Meløy Energi's business model is built on regulated network tariffs (nettleie) authorized by NVE (Norwegian Energy Regulatory Authority). Since 2022, the tariff combines a fixed capacity charge based on each customer's peak simultaneous consumption with a variable time-of-use energy charge, with revenue capped within the NVE regulatory framework. The company also fulfills a statutory delivery obligation (leveringsplikt) for customers without a chosen power supplier. As a regulated monopoly franchise holder, all grid-connected customers in the service territory must pay network tariffs regardless of power supplier choice, providing a highly predictable, recurring revenue base anchored to the local customer base and regulatory revenue cap.

Name

Meløy Energi

Legal name

MELØY ENERGI AS

Website

https://meloyenergi.no

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Meløy Energi AS is a Norwegian regulated electricity distribution network operator serving residential, commercial, and industrial customers in Meløy municipality. The company operates the local power grid, providing smart metering, HAN-port consumption data, and NVE-regulated network tariffs.

Ownership category

akta.pro rank

Product category

Electric Power Distribution

NAICS

Electric Power Distribution (221122)

SIC

Electric Services (4911)

akta.pro primary industry

Investor-Owned Electric Distribution Utilities (IOUs) (EUADABAA)

akta.pro secondary industry

Turnkey distribution buildouts (feeders, reclosers, capacitor banks, line extensions) (EUADAKAK)

Keywords

• Electricity grid distribution
• Regulated network tariffs
• Smart metering services
• Grid connection services
• Municipal power utility

Headquarters

HQ city

Ørnes

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Network Tariff (Nettleie): Meløy Energi generates revenue through regulated network tariffs charged to all customers connected to the power grid. The tariff covers costs for construction, operation, and maintenance of the electricity network. Since 2022, the tariff consists of a fixed capacity component (based on peak usage) and a variable energy component (based on time of day usage). Revenue is regulated by NVE (Norwegian Energy Regulatory Authority).

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Meløy Energi AS owns and operates the electricity distribution grid in Meløy municipality in Nordland county, Norway (excluding the Glomfjord industrial park owned by Yara Nett). It charges NVE-regulated network tariffs (nettleie) to all grid-connected customers and provides smart meter (AMS) infrastructure with optional HAN-port access for real-time consumption data. The company also administers the Norgespris government pricing scheme and offers grid connections, electrical safety oversight, and 24/7 outage response.

Product overview

Meløy Energi is a Norwegian electricity distribution company that operates as part of Lysvatn Holding AS. The company's core offering is the ownership and operation of the electricity grid infrastructure in Meløy municipality. Supporting services include grid rental and metering (nettleie/avregning), HAN-port for real-time consumption data access, and the Norgespris government pricing scheme. The product portfolio centers on physical electricity infrastructure and associated customer-facing services rather than software products. There are no public APIs, SDKs, or third-party product integrations offered.

Differentiator

Problem solved

Functional benefit

Products and services

• Strømnett (Electricity Grid Distribution) Ownership and operation of the electricity distribution network in Meløy municipality, transmitting electricity from the grid to all connected residential, commercial, industrial, and cabin customers. This is the foundation service for all other offerings.
• Nettleie / Avregning (Grid Rental and Metering) NVE-regulated network tariff service covering costs for building, operating, and maintaining the power grid. Pricing model combines a fixed capacity-based charge (set by the customer's peak simultaneous usage in the preceding month) with a variable time-of-use energy charge billed monthly.
• HAN-port (Home Area Network) Consumption Data Access Interface on the smart meter (AMS) that allows customers to install a pulse meter and access real-time electricity consumption data, including instantaneous power draw, hourly consumption, voltage levels, and surplus power from solar installations.
• Norgespris (Norwegian Government Price Scheme) Administration of the Norwegian government's Norgespris scheme, offering qualifying customers a fixed electricity rate of 50 øre/kWh including VAT, with consumption caps, effective from October 1, 2025.
• Leveringsplikt (Delivery Obligation Supply) Regulated electricity supply for customers in Meløy who have not chosen a power supplier. Pricing is capped by NVE at no more than Nord Pool spot price plus 6.25 øre/kWh including VAT (5.00 øre/kWh excluding VAT) for the first 6 weeks, after which standard terms apply.
• Strømtilknytning (Grid Connection Service) New grid connections for residential, commercial, and industrial customers in Meløy municipality, including processing, technical assessment, and physical connection to the electricity network.
• Elsikkerhet (Electrical Safety Oversight) Electrical safety services and oversight for customers and the local network, supporting safe use of the distribution grid in line with Norwegian electrical safety regulations.
• 24/7 Outage Response (Vakttelefon) Round-the-clock emergency hotline (41 43 44 22) and SMS-based outage notifications for power disruptions affecting customers in Meløy municipality, supported by operational maintenance and planned outage programs across multiple transformer circuits.

Quantifiable outcome

• Smart meter coverage for all network customers enabling hourly consumption measurement

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Lysvatn Holding AScoreStrategic or Co-development PartnerParent company of Meløy Energi. Lysvatn Holding AS owns Meløy Energi AS and Lysvatn AS, producing electricity from hydropower and distributing it through the Meløy Energi grid. Einar Rosting serves as CEO of Lysvatn Holding AS with overall responsibility for transparency law compliance.
• ElhubcoreTechnology or IntegrationNational metering data hub for Norwegian electricity market. Meløy Energi connects to Elhub for hourly consumption data collection and processing. Customers can access their consumption data through minside.elhub.no for services like Norgespris.
• NVE (Reguleringsmyndigheten for energi)coreStrategic or Co-development PartnerNorwegian Energy Regulatory Authority regulates Meløy Energi's network tariffs, revenue caps, and operational standards. NVE sets the framework for the new capacity-based tariff model and oversees compliance with energy regulations.
• StatkraftminorOthersMajor power producer with infrastructure in the region. Statkraft performs maintenance on power lines affecting Meløy Energi's network operations, such as the Storjord line maintenance in Holandsfjord.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Others

• Statnett SF: Norwegian system operator and transmission system owner responsible for the central grid, to which Meløy Energi and other DSOs connect for bulk power. Included as a structural counterparty relevant to wholesale supply reliability and Elhub-based metering rather than as a direct distribution competitor.

Direct peers

• Linja AS: Small Norwegian DSO providing regulated electricity distribution in a defined local service territory. Closely matches Meløy Energi's scale, regulatory model (NVE-overseen monopoly grid company), and customer base mix including seasonal cabin users.
• Norgesnett AS: Norwegian DSO operating smaller local distribution networks under NVE regulation. Comparable to Meløy Energi in business model (regulated network tariff revenue), typical customer mix (residential + commercial + cabin), and asset class (rural/local distribution grid).
• Helgeland Kraft Nett: Distribution system operator serving customers across the Helgeland region of Nordland, Norway. Directly comparable to Meløy Energi because it operates rural DSO infrastructure in the same Norwegian county under NVE oversight, serving small municipalities with similar mix of residential, commercial, and cabin customers.
• Trøndelag Kraft Nett AS: Regional DSO in Mid-Norway operating regulated distribution networks for residential and commercial customers. Comparable to Meløy Energi in regulated tariff structure, AMS deployment, and rural mixed-use customer base across multiple settlements.

Broad incumbents

• Glitre Energi Nett: Norwegian DSO serving the Drammen and surrounding regions under NVE regulation. Operates a regulated local monopoly distribution network with similar residential and commercial customer segments to Meløy Energi, though at greater scale.
• Skagerak Nett AS: Mid-sized Norwegian DSO serving Grenland and surrounding areas under NVE regulation. Comparable to Meløy Energi in core regulated network tariff business and AMS-based metering, but operates at a larger, more industrially diversified scale.
• BKK Nett AS: One of Norway's largest DSOs serving western Norway. Operates the same regulated monopoly DSO model under NVE oversight as Meløy Energi, but at much greater scale and with broader portfolio — relevant as a benchmark for tariffs, AMS deployment, and regulatory treatment.
• Lyse Elnett AS: Regional DSO serving the Stavanger/South-Rogaland area as part of the Lyse group, which also operates generation and telecom businesses. Directly comparable to Meløy Energi's vertical-integration-with-parent structure (Lysvatn Holding) and regulated DSO model.
• Agder Energi Nett AS: Large DSO serving southern Norway with regulated electricity distribution including capacity-based tariff structures. Comparable to Meløy Energi in regulatory framework, AMS smart-metering rollout, and HAN-port-style customer enablement offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/sharer/sharer.php?u=https://meloynett.no

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Meløy Energi