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About us

Founding Year: 1999   |   Location: Reykjavík   |   Relevant Sectors: Energy

Reykjavik Energy is a power and utility company owned by three municipalities. Through four subsidiaries, Veitur Utilities, ON Power, Reykjavik Fibre Network and Carbfix, resources are utilised in a sustainable and cost-effective manner to serve households, businesses and institutions in accordance with statutory obligations at fair and competitive prices.

Smart City/Region Status: Orkuveita Reykjavíkur‘s (OR) future vision is to improve the quality of life and with social responsibility as a guiding light. In order for the company to reach its future vision a strategy has been formulated that rests on the company‘s values; foresight, efficiency and integrity. OR utilises nature in a responsible, sustainable, cost-effective and respectful manner, without undermining the rights of future generations.

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