Saudi Electricity Competitors and Similar CompaniesClear all

Saudi Electricity's competitors and similar companies include Illumia, Orkuveita Reykjavíkur, Nivos and Hydro One.

	Saudi Electricity Saudi Electricity Company (SEC) is a company that generates and distribution of electricity to governmental, industrial, agricultural and residential consumers.	Illumia Illumia is a company that provides energy management services.	Orkuveita Reykjavíkur Orkuveita Reykjavíkur (OR) is a company that provides energy and utility services.	Nivos Nivos is a company that supplies and installs air source heat pumps.	Hydro One Hydro One is a holding company that provides electricity transmission and distribution services through its subsidiaries.
Founding Date	Founding Date 2000	Founding Date 2006	Founding Date 1909	Founding Date N/A	Founding Date 1999
Type	Type Public	Type Subsidiary	Type Private	Type Private	Type Public
Tags	Tags Energy & Utilities electricity energy services fiber optic	Tags Energy & Utilities distribution electricity energy services fiber optic natural gas	Tags Energy & Utilities electricity energy services fiber optic safety water	Tags Energy & Utilities electricity energy services fiber optic solar	Tags Financial Services financial management holding company
Locations	Locations Riyadh, SA HQ	Locations Bologna, IT HQ	Locations Reykjavík, IS HQ	Locations HQ	Locations Toronto, CA HQ Markham, CA
Employees	Employees N/A	Employees 3322% increase	Employees 2031% increase	Employees 34	Employees 7,261
Financial
Revenue (est.)	Revenue (est.) ﷼102.2b (FY, 2025)	Revenue (est.) €563.7m (Y, 2020)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) $9b (FY, 2025)
Cost of goods	Cost of goods ﷼59.4b (FY, 2025)	Cost of goods N/A	Cost of goods N/A	Cost of goods N/A	Cost of goods $4.5b (FY, 2025)
Gross profit	Gross profit ﷼43.6b (FY, 2025)	Gross profit N/A	Gross profit N/A	Gross profit N/A	Gross profit $4.6b (FY, 2025)
Net income	Net income ﷼13b (FY, 2025)	Net income €5.6m (Y, 2020)	Net income N/A	Net income N/A	Net income $1.3b (FY, 2025)
Operating ⚠
Customers	Customers N/A	Customers 350 k (Sep, 2022)	Customers N/A	Customers N/A	Customers 1.5 m (Jul, 2023)