TREPAŞ

What TREPAŞ does

TREPAŞ (legal name: Trakya Elektrik Perakende Satış A.Ş.) is the EPDK-licensed incumbent electricity retail sales company (perakende satış şirketi) serving the entire Thrace region of Turkey, covering Tekirdağ, Kırklareli, and Edirne provinces. The company sells electricity to residential, commercial, industrial, and agricultural consumers under EPDK-regulated graduated tariffs (kademeli tarife) for low-voltage customers and negotiated bilateral agreements (ikili anlaşma) for free consumers and SKTT-eligible high-consumption accounts. It is a wholly-owned subsidiary of IC İçtaş Enerji Yatırım Holding, a Turkish conglomerate established in 1998 with operations across electricity generation, distribution, and trading.

TREPAŞ operates a multi-channel distribution platform combining 23 Customer Service Centers, 11 authorized collection points, 95 Türk Telekom payment locations added in 2025, PTT branches, contracted banks, and 21-bank credit card installment options. Digital channels include an online customer portal (online.trepas.com.tr), an online subscription/cancellation system (abonelik.trepas.com.tr), debt and security deposit inquiry tools, and QR code-based satisfaction surveys deployed across all service centers. The technology stack centers on EPDK-regulated billing, tariff administration, and e-archive invoicing systems.

The company's go-to-market combines enterprise field sales for high-consumption commercial and industrial free consumers (via bilateral agreements and Trade Chamber discount protocols with ETSO, ÇTSO, UTSO, Çorlu TSO, LTSO, and Tekirdağ TSO), inside sales through a 444 88 35 call center and WhatsApp line, and direct-to-consumer self-service digital channels. Revenue is usage-based on electricity consumption, with pricing determined by EPDK regulation for residential and standard commercial consumers and by negotiated bilateral rates for free consumers. The company is lean (38 employees), holds ISO 9001/10002/27001 certifications, GPTW certification for consecutive years (2024-2025), and the İş'te Eşit Kadın gender equality certification, and reports having handled 1+ million customer applications in 2023 and facilitated 612 million kWh of renewable energy transformation.

Name

TREPAŞ

Legal name

Trakya Elektrik Perakende Satış A.Ş.

Website

https://trepas.com.tr

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

TREPAŞ (Trakya Elektrik Perakende Satış A.Ş.) is the EPDK-licensed incumbent electricity retailer serving the Thrace region (Tekirdağ, Kırklareli, Edirne) of Turkey, selling regulated and bilaterally-negotiated power to residential, commercial, industrial, and agricultural consumers via 23 service centers, 95 Türk Telekom payment points, and digital self-service portals.

Ownership category

akta.pro rank

Headquarters

HQ city

Süleymanpaşa/Tekirdağ

HQ country

Türkiye

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Retail Sales: TREPAŞ operates as the incumbent electricity retail sales company (perakende satış şirketi) for the Thrace (Trakya) region of Turkey, serving Tekirdağ, Kırklareli, and Edirne. Revenue is generated through the sale of electricity to residential, commercial, industrial, and agricultural consumers at EPDK-regulated tariffs (kademeli/graduated tariff for low-voltage consumers) and negotiated bilateral agreement rates (ikili anlaşma) for free consumers qualifying under the free consumer threshold.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels5 records

Core offering

TREPAŞ operates as the incumbent electricity retail sales company (perakende satış şirketi) for the Thrace (Trakya) region of Turkey, covering Tekirdağ, Kırklareli, and Edirne. The company sells electricity to residential, commercial, industrial, and agricultural consumers at EPDK-regulated tariffs and through negotiated bilateral agreements (ikili anlaşma) for high-consumption free consumers, supplemented by discount protocols with regional Trade and Industry Chambers. Supporting the electricity supply, TREPAŞ provides digital self-service platforms (online customer portal and subscription system), 23 customer service centers, multi-channel payment options, and invoice management services.

Product overview

TREPAŞ (Trakya Elektrik Perakende Satış A.Ş.) is an electricity retail sales company operating in the Thrace region (Tekirdağ, Kırklareli, and Edirne) of Turkey, serving as a licensed electricity supply company under the Energy Market Regulatory Authority (EPDK). The company's product portfolio consists of a digital self-service ecosystem built around its core electricity retail offering. The primary service is discounted electricity supply (İndirimli Elektrik) for commercial and industrial customers, supported by online customer-facing platforms including an Online Subscription/Termination System (Online Abonelik/Fesih Sistemi) for contract management, a Customer Portal (Müşteri Portalı) for bill viewing and payment management, debt inquiry tools (Borç Sorgulama), and security deposit inquiry services (Güvence Bedeli Sorgulama). The company also operates 23 Customer Service Centers across the Thrace region, supported by mobile and digital channels.

Differentiator

Problem solved

Functional benefit

Products and services

• İndirimli Elektrik (Discounted Electricity Supply) Core electricity supply service for eligible consumers, particularly high-consumption commercial and industrial free consumers in the Thrace region, offered under bilateral agreements (ikili anlaşma) with Trade Chambers and business associations. Provides preferential KBK coefficients (e.g., 9.38% discount) under YT SKTT for high-consumption customers and special pricing for Chamber members with annual consumption ≥100,000 kWh/year. No technical changes required to switch.
• Online Abonelik/Fesih Sistemi (Online Subscription/Termination System) Web-based self-service platform enabling new customers to complete electricity subscriptions and existing customers to process contract terminations online via TCKN or Tax ID with SMS verification — no visit to a physical Customer Service Center required. Used by residential, commercial, industrial, and agricultural electricity consumers in the Thrace region.
• Müşteri Portalı (Customer Portal) Online self-service portal where TREPAŞ electricity customers can view bills, access past billing periods, download PDF invoices, manage account information, and update contact details using subscriber number and SMS-verified password. Supports residential, commercial, industrial, and agricultural customers across Tekirdağ, Kırklareli, and Edirne.

Quantifiable outcome

• 612 million kWh of electricity consumption transformed to renewable/green energy
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered minor, moderate and core.

• İbrahim Çeçen Vakfı (Ibrahim Cecen Foundation)minorOthers · 17 April 2026TREPAŞ collaborated with the İbrahim Çeçen Foundation to support children with special needs in Tekirdağ, as part of the company's corporate social responsibility initiatives.
• Zihinsel Yetersiz Çocukları Yetiştirme ve Koruma Vakfı (ZİÇEV)minorOthers · 17 April 2026ZİÇEV (established 1982) supports individuals with intellectual disabilities through education, rehabilitation, and social integration. TREPAŞ partnered with ZİÇEV and the İbrahim Çeçen Foundation to support children with special needs in Tekirdağ.
• Çerkezköy Ticaret ve Sanayi Odası (ÇTSO)moderateGTM or Marketing Partner · 1 February 2025TREPAŞ and ÇTSO signed a discount protocol for chamber members, offering preferential KBK rates under the YT SKTT framework for 12 months, with special pricing for members consuming ≥100,000 kWh/year.
• Uzunköprü Ticaret ve Sanayi Odası (UTSO)moderateGTM or Marketing Partner · 31 January 2025TREPAŞ and UTSO signed a discount protocol enabling chamber members to receive preferential electricity rates under the YT SKTT framework. Special pricing available for members consuming ≥100,000 kWh/year.
• Çorlu Ticaret ve Sanayi Odası (Çorlu TSO)moderateGTM or Marketing Partner · 28 January 2025TREPAŞ and Çorlu TSO signed a discount protocol for chamber members, offering preferential electricity rates under the YT SKTT framework with a 9.38% KBK discount, and special pricing for members with annual consumption ≥100,000 kWh.
• Türk TelekommoderateGTM or Marketing Partner · 24 January 2025TREPAŞ partnered with Turkish Telecom to enable electricity bill payments at Turkish Telecom retail points across the Thrace region. 95 new Turkish Telecom collection points were added, expanding payment accessibility for TREPAŞ customers.
• IC İçtaş Enerji Yatırım Holding A.Ş.coreOthersIC İçtaş Enerji is the parent company of TREPAŞ, established in 1998 as one of the pioneering companies in Turkey's energy sector. The holding operates in electricity generation, distribution, and trading, and positions TREPAŞ as its retail sales subsidiary serving the Thrace region.
• Edirne Ticaret ve Sanayi Odası (ETSO)moderateGTM or Marketing PartnerTREPAŞ and ETSO signed a discount protocol offering ETSO members high-consumption discounts and preferential pricing for electricity, with special rates for members meeting consumption thresholds.
• Lüleburgaz Ticaret ve Sanayi Odası (LTSO)moderateGTM or Marketing PartnerTREPAŞ and LTSO signed a discount protocol offering member businesses preferential electricity rates, enabling energy cost savings for Lüleburgaz-based chamber members.
• Tekirdağ Ticaret ve Sanayi Odası (Tekirdağ TSO)moderateGTM or Marketing PartnerTREPAŞ and Tekirdağ TSO entered a partnership to reduce energy costs for regional industrial and commercial subscribers through preferential electricity rates.
• IC Holding (DENK Project)minorOthersIC Holding launched the DENK Project (Diversity, Equality, and Inclusion) in 2022, which was expanded to group companies including TREPAŞ. The project includes seminars and workshops for employees on diversity, equality, and inclusion topics.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Enerjisa: Turkey's largest electricity retail sales company, jointly owned by Sabancı Holding and EnBW, operating multiple licensed retail subsidiaries serving residential, commercial, and industrial customers under EPDK regulation. Directly comparable to TREPAŞ as a perakende satış şirketi with similar tariff structures and bilateral agreement offerings.
• Limak Uludağ Elektrik Perakende: Electricity retail subsidiary of Limak Holding serving customers in the Bursa/Uludağ region of Turkey. Directly comparable to TREPAŞ as a regional EPDK-regulated perakende satış şirketi with similar customer segmentation across residential, commercial, and industrial segments.
• Aksa Elektrik Perakende Satış: Licensed electricity retailer within the Kazancı Holding group, supplying electricity to customers across Turkey alongside power generation assets. Directly comparable to TREPAŞ as an EPDK-regulated retail supplier offering bilateral agreements to free consumers.
• Bereket Enerji: Turkish electricity retail company operating within the Çalık Group's energy portfolio. Directly comparable to TREPAŞ as a licensed electricity retailer offering bilateral agreements and SKTT-based pricing to free consumers nationwide.
• Yeşilırmak Elektrik Perakende: Regional electricity retail company serving the Yeşilırmak distribution area in northern Turkey. Directly comparable to TREPAŞ as a geographically-scoped EPDK-regulated retailer with similar residential, commercial, and industrial customer segments.

Broad incumbents

• Zorlu Enerji: Major vertically-integrated Turkish energy group with operations spanning generation, distribution, and retail sales. Comparable as a broader incumbent that operates electricity retail alongside a wider energy portfolio, offering deeper diversification than pure-play regional retailers like TREPAŞ.
• BEDAŞ (Boğaziçi Elektrik Dağıtım): Electricity distribution utility serving the European side of Istanbul under EPDK regulation. Comparable as a regulated utility counterpart operating in the broader Turkish electricity value chain, though in the distribution layer rather than retail supply.

Others

• EPİAŞ (Enerji Piyasaları İşletme A.Ş.): Operator of the Turkish energy exchange (day-ahead and intraday markets) and underlying market infrastructure. Comparable as the market infrastructure on which TREPAŞ's SKTT-based pricing depends via PTF reference prices and as the platform through which bilateral electricity supply is settled.
• IC İçtaş Enerji Yatırım Holding: Parent holding company of TREPAŞ, established in 1998, operating across electricity generation, distribution, and trading in Turkey. Listed as an ecosystem participant rather than direct peer to reflect its corporate relationship and integrated energy value chain positioning relative to TREPAŞ.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/trepascomtr

Compliance6 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 TREPAŞ