What Hallingdal Kraftnett does

Føie AS (formerly Hallingdal Kraftnett) is a regulated Norwegian electricity distribution grid company (nettselskap) holding an exclusive concession to operate the distribution network across the Hallingdal, Ringerike, and Hole municipalities. The company serves 61,000 customers across residential, commercial, agricultural, industrial, and prosumer (Plusskunder) segments. Its core product is Nettleie — regulated network tariff services — supplemented by one-time connection fees (anleggsbidrag), the Norgespris fixed-price electricity product at 50 øre/kWh, and supply availability charges, all governed by the Norwegian Energy Regulatory Authority (RME).

Føie operates and maintains a physical distribution network of 8,270 kilometers of power lines and underground cables and 3,843 transformer substations, with a reported delivery reliability of 99.99%. Customer interactions are handled through the corporate website, the self-service portal "Min side," and a phone-based customer service team; large commercial connections above 1 MW are processed via the Tilko digital case management platform, and cable detection services are delivered through a partnership with Geomatikk in the Hallingdal area.

Revenue is generated primarily through regulated consumption-based network tariffs (per kWh plus fixed components) set by RME within an allowed revenue framework (inntektsramme). As a natural monopoly, Føie does not compete for customers and is obligated to serve all premises within its concession. The company has announced an approximately 5% tariff reduction effective 1 January 2026 across all customer groups, and is currently completing major infrastructure investments in Gol and Nesbyen alongside the recently completed Ultvedt–Sundvollen cable in Hole municipality to expand capacity and resilience.

Name

Hallingdal Kraftnett

Legal name

Føie AS

Website

https://hallingdal-kraftnett.no

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

Føie AS is a regulated Norwegian electricity distribution grid operator serving 61,000 residential, commercial, agricultural, industrial, and prosumer customers across the Hallingdal, Ringerike, and Hole municipalities under an exclusive natural monopoly concession.

Ownership category

akta.pro rank

Product category

Electricity Distribution

NAICS

Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

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

akta.pro secondary industry

Renewable Grid Interconnection & Collector Systems (Solar/Wind) (IMAFAHAD)

Keywords

• Electricity grid distribution
• Regulated network tariffs
• Power connection services
• Grid infrastructure operations
• Electrical safety oversight

Headquarters

HQ city

Geilo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Network Tariff Revenue (Nettleie): Føie's primary revenue is derived from regulated network tariffs (nettleie) charged to all customers for using the electricity distribution grid. Tariffs are regulated by the Norwegian Energy Regulatory Authority (RME) and are based on allowed revenue frameworks (inntektsramme). Tariffs cover grid usage, system services, and are adjusted periodically (with a ~5% reduction announced for January 2026). Revenue is consumption-based (per kWh) with additional fixed components.
2. Connection and Extension Fees (Anleggsbidrag): One-time fees charged to customers for new connections to the grid, extensions, or capacity upgrades. These fees apply to both residential ('mindre strømtilknytninger') and large commercial/industrial connections ('større strømtilknytninger' over 1 MW). Also includes construction power (byggestrøm) fees.
3. Norgespris Fixed Electricity Price: A fixed-price electricity product offered to household customers at 50 øre/kWh, allowing customers to lock in a price for the contract period. This is a bundled electricity product alongside the regulated network tariff.
4. Supply Availability Charges (Leveringsplikt): Charges related to the company's obligation to supply electricity to customers in its concession area, including special tariff arrangements for customers waiting to be connected.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Føie AS (formerly Hallingdal Kraftnett) is a regulated Norwegian electricity distribution grid company (nettilselskap) operating under an exclusive concession in Hallingdal, Ringerike, and Hole municipalities. The company owns and operates 8,270 km of power lines and cables along with 3,843 transformer substations, distributing electricity to 61,000 customers and providing network tariff billing, grid connection services, and electrical safety oversight with 99.99% delivery reliability.

Product overview

Føie AS (formerly Hallingdal Kraftnett) is an electricity grid company providing comprehensive power transmission and distribution services across the Hallingdal and Ringerike regions in Norway. The company's core offering is Nettleie (grid services) encompassing network charges, connection services, and power supply infrastructure. The product portfolio includes Norgespris (a fixed-price electricity plan at 50 øre/kWh), Strømtilknytning (power connections ranging from large industrial connections over 1 MW to residential connections under 1 MW), Plusskunder (solar energy producers), and Delt produksjon (shared electricity production). Supporting services include Kabelpåvisning (cable detection via Geomatikk), HAN-port access for consumption data retrieval, Strømstans (outage management), Elsikkerhet (electrical safety), Dokumentbank (document repository), Installatørmelding (installer notifications), Rydding/trefelling (vegetation management), and Min side (customer self-service portal). The company maintains 8,270 kilometers of lines and cables, serves 61,000 customers, and operates 3,843 network stations with 99.99% delivery reliability.

Differentiator

Problem solved

Functional benefit

Products and services

• Nettleie (Network Tariff) Regulated electricity grid transmission and distribution services including network charges, pricing and agreements, power outage coverage, and delivery obligation tariffs for residential and commercial customers. Covers grid usage and system services, billed per kWh plus fixed components.
• Norgespris (Fixed Electricity Price) Fixed-price electricity plan at 50 øre/kWh where customers lock in the price for the contract period. Available to household customers as an alternative to the previous electricity support scheme.
• Strømtilknytning (Grid Connection Services)

Quantifiable outcome

• 99.99% supply uptime / delivery reliability across the entire network
• +2 more outcomes

Named customers4 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

Feature1 record

Partnerships

One partnership is on record.

• GeomatikkcoreTechnology or Integration · 1 April 2024Geomatikk took over responsibility for performing cable detection (kabelpåvisning) services for Føie in the Hallingdal area from 1 April 2024. All customers and contractors needing cable detection before excavation now order this service directly from Geomatikk, creating a unified system for cable detection across the region.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Elvia: Largest Norwegian DSO, formed from the merger of Hafslund Nett and Eidsiva Nett, serving the Oslo and Innlandet regions. Comparable to Føie in regulatory model and product offering but operates at materially larger scale with broader geographic reach.
• Statnett: Norwegian Transmission System Operator (TSO) owning and operating the high-voltage transmission grid. Comparable to Føie in being a regulated Norwegian grid operator under Norwegian energy regulation, but operates at transmission rather than distribution level.

Direct peers

• Lyse Elnett: Norwegian regulated electricity distribution company covering the Stavanger and surrounding region. Directly comparable to Føie as a nettselskap with similar revenue model, customer base structure, and RME oversight.
• Skagerak Nett: Norwegian DSO operating in the Vestfold and Telemark region. Closely comparable to Føie in operating a regulated distribution grid with regulated tariffs, connection fees, and prosumer support under the inntektsramme model.
• Agder Energi Nett: Regulated distribution system operator covering the Agder region of southern Norway. Comparable to Føie as a Norwegian DSO of similar scale operating a wires-only network under the same RME regulatory framework.
• Norgesnett: Smaller Norwegian regulated DSO operating in eastern Norway. Directly comparable to Føie as a regional nettselskap with similar scale, customer mix, and dependence on RME's allowed revenue framework.
• Tensio: Norwegian regulated DSO formed from the merger of TrønderEnergi Nett and NTE Nett, operating in the Trøndelag region. Comparable to Føie as a recently merged Norwegian distribution utility with similar product set and regulatory exposure.
• Eidsiva Energi Nett: Norwegian regulated DSO covering the Innlandet region. Comparable to Føie in being a regional nettselskap with regulated tariffs, connection services, and prosumer support under the RME framework, though serving a different geography.
• BKK Nett: Norwegian DSO serving the Bergen and western Norway region. Comparable to Føie in business model — regulated wires-only distribution utility with similar products (nettleie, connections, prosumer support) — though operating at larger scale.
• Glitre Nett: Norwegian regulated DSO operating the electricity distribution grid in the Drammen and surrounding region. Highly comparable to Føie as a similarly sized Norwegian nettselskap serving a defined geographic concession under RME's inntektsramme framework.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hallingdalkraftnett
• LinkedInlinkedin.com/company/hallingdal-kraftnett

Revenue estimate

Valuation estimate

Number of profiles

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 Hallingdal Kraftnett