ON is a power producer and sells electricity to the entire population and hot water to the capital area of Iceland.  The objective is to protect the interests of the country’s natural resources and the company’s customers, guided by the principle of sustainability. In so doing, the company supports innovation and the responsible utilisation of natural resources and promotes energy switching to a lower ecological footprint for the benefit of society as a whole. We are proud of our solid foundations, since ON Power is one of the subsidiaries of [**Reykjavik Energy**](https://www.or.is/). The owners of Reykjavik Energy are [**The City of Reykjavik**](https://reykjavik.is/), [**Akranes**](https://www.akranes.is/) and [**Borgarbyggd**](https://borgarbyggd.is/).