iishi Energy

What iishi Energy does

iishi Energy is the consumer-facing brand of EnBAG AG, a privately held Swiss regional energy utility headquartered in Brig, canton of Valais. Founded in 1900 and now in its 125th year of operation, EnBAG serves as the regulated distribution grid operator (Verteilnetzbetreiber) and basic supply provider for the Oberwallis region under ElCom supervision. The company runs a vertically integrated energy system comprising 14 owned hydroelectric power plants with 21 turbines/pumps, owned and co-owned photovoltaic installations, four district heating/cooling networks (5.4 km, 476 households), and 68 EV charging points integrated into an international roaming network.

The company's product portfolio is anchored by the iischi electricity line, marketed in three tiers: iischi hydro (standard, ~95% Swiss hydropower), iischi natur (regional Oberwallis supply, +CHF 0.01/kWh premium), and iischi naturplus (naturemade star certified, +CHF 0.04/kWh premium). Adjacent service lines include TOP-40 solar compensation (the first such model launched in Valais), solar installation certification and feed-in support, turnkey Ladelösung charging packages for multi-family buildings, natural gas supply for industrial customers in Glisergrund-Gamsen, and periodic electrical installation inspections under SNR 462638. The firm completed a full Smart Meter rollout, enabling digital self-service via the Kundenportal and supporting dynamic pricing and load forecasting.

EnBAG monetizes through regulated energy sales, ElCom-supervised grid usage fees, statutory levies, and ancillary fee-based services. Go-to-market is hybrid: enterprise field sales for Marktkunden (>100,000 kWh/year large commercial/industrial customers) via individualized procurement contracts, digital self-service and phone/email support for residential and SMB customers, and a community-led motion in which EnBAG actively co-founds Gemeinde-LEGs (local electricity communities) with partner municipalities through the LEGhub platform. Customer segments span residential households, large commercial/industrial Marktkunden, partner municipalities and community groups, and trades/installers requiring grid connection approvals. Revenue mechanics are dominated by recurring subscription-style billing across electricity, heat, and mobility; reported 2025 group profit was CHF 5.3M against regional value creation of CHF 29.4M.

Name

iishi Energy

Legal name

EnBAG AG

Website

https://www.enbag.ch

Company type

Private

Founded year

1900

Operating status

Operating

Headcount range

11–50 employees

Short description

EnBAG AG (iischi energie) is a Swiss regional energy utility founded in 1900, serving Oberwallis with hydroelectric and solar electricity, district heating, EV charging, and natural gas through a regulated distribution grid monopoly.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Hydroelectric Power Generation (221111)

SIC

Electric Services (4911)

akta.pro primary industry

Electric Distribution System Owners (Wires-Only Companies) (EUADABAI)

akta.pro secondary industry

EV Charger (Level 2) Installation & Load Management (HSAOADAG)

Keywords

• Electricity distribution
• Hydroelectric power generation
• District heating services
• EV charging infrastructure
• Solar energy services

Headquarters

HQ city

Brig

HQ country

Switzerland

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. Electricity Supply (Energy Sales): Sale of electrical energy to end consumers in the Grundversorgung (basic supply) and to Marktkunden (market customers). Energy is sourced from owned hydroelectric plants, photovoltaic feed-ins, and market purchases. Pricing is regulated for basic supply customers and negotiated for large customers. Revenue streams include the energy price (Energiepreis), grid usage (Netznutzungskosten), and statutory levies (Abgaben).
2. Grid Infrastructure Services: Charges for grid connection, grid usage, and meter operation. These are regulated by ElCom (Eidgenössische Elektrizitätskommission). Revenue covers transport of electricity from generators to end consumers, maintenance of substations (4), medium voltage lines (272 km), and low voltage lines (663 km).
3. EV Charging Infrastructure: Operation of 13 public charging stations (part of an international charging network) plus a charging solution for multi-family buildings (Ladelösung). The 68 charging points mentioned in the 2025 report suggest significant scale-up of this revenue stream.
4. District Heating (Fernwärme): Supply of thermal energy through four heating/cooling networks to 476 households. Revenue is based on connection and consumption of heat energy.
5. Installation Inspection Services: Periodic electrical installation inspections and equipment testing (Geräteprüfung) for residential, commercial, and construction clients, performed according to SNR 462638. Fees are based on inspection scope.
6. Network Connection Charges: Fees for new grid connections (Netzanschluss) for residential, commercial, and agricultural customers, including processing of connection applications.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

iishi Energy supplies electricity, district heating, natural gas, and EV charging infrastructure to residential households, large commercial and industrial customers, partner municipalities, and trades/installers in the Oberwallis region of Switzerland. It sells branded electricity products (iischi hydro, iischi natur, iischi naturplus), delivers solar electricity with the TOP-40 feed-in compensation scheme, and provides turnkey EV charging solutions for multi-family buildings and a public charging network.

Product overview

iishi Energy (EnBAG) operates as a regional energy utility in Oberwallis, Switzerland, offering a portfolio of electricity, heating/cooling, and mobility solutions. The electricity product line includes three tiers under the 'iischi' brand: iischi hydro (standard hydropower product), iischi natur (regional support option), and iischi naturplus (premium naturemade star certified product). The company provides charging infrastructure with 13 public charging stations and turnkey solutions for multi-family buildings, district heating networks serving 476 households, and natural gas supply for industrial applications. Additional services include solar installation support, installation safety inspections, and grid connection services.

Differentiator

Problem solved

Functional benefit

Brands

• iischi hydro: Standard electricity product sourced from approximately 90% Swiss hydropower and 10% decentralized renewable energy.
• iischi natur
• iischi naturplus

Products and services

• iischi hydro Branded electricity product offering customers standard electricity sourced from the regional mix with a focus on hydroelectric generation; targeted at residential and commercial consumers in the Oberwallis region.
• iischi natur Branded electricity product offering customers electricity with a higher share of regional renewable sources, positioned as a naturemade-certified alternative to the standard tariff.
• iischi naturplus Premium branded electricity product offering customers naturemade star-certified 100% renewable electricity for households and businesses seeking the highest sustainability tier.
• Ladelösung (Charging Solution for multi-family buildings) Turnkey EV charging solution for multi-family residential buildings, including hardware, installation, billing, and operations for property owners and tenants.
• Unser Ladenetz (Public Charging Network) Public EV charging network operated by iishi Energy across the Oberwallis region, accessible to EV drivers including via interconnected international roaming networks.
• Fernwärme (District Heating) District heating service supplying residential and commercial customers in the Oberwallis region with centrally generated heat delivered through the company's distribution network.
• Erdgas (Natural Gas) Natural gas supply for residential and commercial customers in the Oberwallis service territory, delivered via the company's gas distribution network.
• TOP-40 Solarstrom Solar electricity product with a structured feed-in compensation scheme for small photovoltaic producers, including an option to consume the electricity themselves with intelligent PV and battery integration.

Quantifiable outcome

• Electricity prices for Grundversorgung customers decreased by -1.6% in 2026, with the energy component down -8.2% due to lower market procurement costs.
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• Käserei WalkerflagshipStrategic or Co-development PartnerEnBAG and Käserei Walker (Bitsch, a family cheese factory with ~70 years of history) entered a strategic energy partnership. EnBAG is providing comprehensive energy solutions including photovoltaic installation, battery storage, intelligent energy management, and exclusive supply of 'iischi Natur' Ökostrom. The partnership covers planning, installation, and digital control — energy stays in the region. This is presented as a model project (Modellprojekt) combining tradition with technology.
• Ried-Brig MunicipalitycoreStrategic or Co-development PartnerEnBAG and the municipality of Ried-Brig are collaborating on a community energy project featuring a solar installation with battery storage and the establishment of a local electricity community (Gemeinde-LEG). The project enables residents to share locally produced solar electricity, keeping value in the community. A public information evening is scheduled for April 2026.
• LEGhub (Lokale Elektrizitätsgemeinschaften Hub)coreTechnology or IntegrationLEGhub is a digital platform for local electricity communities (LEGs). EnBAG has already founded and operates local Elektrizitätsgemeinschaften (municipal LEGs) for its partner municipalities and uses LEGhub as the registration and management platform. The platform enables residents to join community energy schemes.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Groupe E: Swiss regional energy utility headquartered in Fribourg serving western Switzerland with generation, distribution, and multi-energy services (electricity, heating, mobility). Comparable as a similarly-sized regional DSO with diversified energy offerings and regulated concession model.
• IWB (Industrielle Werke Basel): Swiss multi-utility (electricity, heat, water, telecom) serving the Basel region with integrated infrastructure and renewable generation. Comparable integrated service portfolio and municipal-style utility model.
• EBL (Elektra Baselland): Swiss regional energy and telecommunications provider serving the Baselland canton. Comparable as a cantonal-scale DSO offering electricity, heating, internet, and EV charging services to residential and commercial customers.
• Repower AG: Swiss energy utility focused on renewable generation (hydro, solar, wind) and distribution in Graubünden and Ticino. Comparable vertically integrated renewable energy portfolio and regional utility structure.
• EKZ (Elektrizitätswerke des Kantons Zürich): Regional DSO for the canton of Zürich providing electricity distribution, EV charging, and renewable energy services. Comparable Swiss cantonal-scale distribution utility with diversified offerings.
• St. Galler Stadtwerke: Municipal multi-utility serving St. Gallen with electricity, district heating, natural gas, and EV charging. Comparable integrated utility model combining regulated DSO status with multi-energy services at similar scale.

Broad incumbents

• BKW AG: One of Switzerland's largest energy companies with generation, distribution, and energy services across multiple cantons. Larger and broader than EnBAG but operates comparable DSO and renewable generation businesses.
• Axpo Holding AG: Switzerland's largest electricity producer and major grid operator with extensive hydroelectric assets. Comparable generation profile and Swiss DSO operations, though at significantly larger scale.
• Alpiq Holding AG: Major Swiss electricity producer and energy services provider with generation assets and distribution operations. Comparable broad Swiss energy market exposure though at much larger scale than EnBAG.

Emerging players

• EWS Schönau (Elektrizitätswerke Schönau): German community-energy utility pioneering citizen-owned renewable energy and local energy communities. Conceptually comparable to EnBAG's LEGhub community energy model and renewable positioning, though operating in a different regulatory jurisdiction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php

Compliance3 records

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 iishi Energy