Ergon Energy: Difference between revisions
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| founder = [[Government of Queensland]] |
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| location_city = [[Townsville, Queensland]] |
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'''Ergon Energy Network''' is a subsidiary company of Energy Queensland Limited (EQL) [[Government-owned corporation|a Government owned corporation]] owned by the [[Government of |
'''Ergon Energy Network''' is a subsidiary company of Energy Queensland Limited (EQL) [[Government-owned corporation|a Government owned corporation]] owned by the [[Government of Queensland]]. It distributes [[electricity]] to around 763,000 customers across Queensland, excluding [[South East Queensland]] through a distribution network regulated by the Australian Energy Regulator (AER) who set the prices that Ergon is allowed to charge for distribution.<ref>{{Cite web|title=IBISWorld - Industry Market Research, Reports, and Statistics|url=https://www.ibisworld.com/default.aspx|access-date=2020-10-27|website=www.ibisworld.com|language=en}}</ref> |
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Ergon Energy became a subsidiary of EQL on 1 July 2016.<ref>{{Cite web|title=Energy Queensland Ltd Annual Report 2017-18|url=https://www.energyq.com.au/__data/assets/pdf_file/0004/691123/Annual-Report-COMPLETE.pdf|website=Energy Queensland Ltd}}</ref> Ergon was formed in 1999 by the Queensland Government, from the then six regional Queensland electricity distributors and their subsidiary retailers. In 2007 the Queensland Government sold approximately 50,000 contestable electricity customers and retailer trading activities to [[AGL Energy|AGL]]. Smaller electricity customers which are not economic continue to be billed by Ergon Energy and the electricity distribution network remains in public ownership. |
Ergon Energy became a subsidiary of EQL on 1 July 2016.<ref>{{Cite web|title=Energy Queensland Ltd Annual Report 2017-18|url=https://www.energyq.com.au/__data/assets/pdf_file/0004/691123/Annual-Report-COMPLETE.pdf|website=Energy Queensland Ltd}}</ref> Ergon was formed in 1999 by the Queensland Government, from the then six regional Queensland electricity distributors and their subsidiary retailers. In 2007 the Queensland Government sold approximately 50,000 contestable electricity customers and retailer trading activities to [[AGL Energy|AGL]]. Smaller electricity customers which are not economic continue to be billed by Ergon Energy and the electricity distribution network remains in public ownership. |
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Revision as of 19:59, 14 October 2021
 | This article needs additional citations for verification. (December 2016) |
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| Company type | Government-owned corporation |
|---|---|
| Industry | Energy |
| Predecessor | Various electricity boards |
| Founded | July 1, 1999 |
| Founder | Government of Queensland |
| Headquarters | , |
Area served | Queensland |
Key people | Rod Duke Energy Queensland CEO Phil Garling Energy Queensland Chairman |
| Products | Electricity distribution |
| $443 million (2015/16) | |
| Owner | Government of Queensland |
| Parent | Energy Queensland Limited |
| Website | www |
Ergon Energy Network is a subsidiary company of Energy Queensland Limited (EQL) a Government owned corporation owned by the Government of Queensland. It distributes electricity to around 763,000 customers across Queensland, excluding South East Queensland through a distribution network regulated by the Australian Energy Regulator (AER) who set the prices that Ergon is allowed to charge for distribution.[1]
Ergon Energy became a subsidiary of EQL on 1 July 2016.[2] Ergon was formed in 1999 by the Queensland Government, from the then six regional Queensland electricity distributors and their subsidiary retailers. In 2007 the Queensland Government sold approximately 50,000 contestable electricity customers and retailer trading activities to AGL. Smaller electricity customers which are not economic continue to be billed by Ergon Energy and the electricity distribution network remains in public ownership.
Today the principal operating companies are Ergon Energy Corporation Limited, as the electricity distributor, and its subsidiary Ergon Energy Queensland Pty Ltd, the electricity retailer. Ergon Energy’s retailer is only permitted, by legislation, to sell electricity at the Queensland Government’s Notified Prices (overseen by the Australia Energy Regulator (AER)), enabling Queenslanders to access the same uniform electricity tariffs.
The electricity generation and distribution network consists of approximately178,000 kilometres of powerlines and one million power poles, along with associated infrastructure such as major substations and power transformers.[3] Ergon Energy also owns and operates 33 stand-alone power stations that provide supply to communities across Queensland which are not connected to the main electricity grid. Since August 2007, Ergon Energy has owned and operated the Barcaldine gas-fired power station along with its associated infrastructure, which supplies power to the main grid.
Customers in regional Queensland are regularly frustrated about the lack of competition and alternative providers to Ergon Energy. The company has also be criticised for not keeping up with innovations in electricity supply such as smart meters and consumer-based applications that can be used to monitor energy usage in real time.[4][5]
See also
References
- ^ "IBISWorld - Industry Market Research, Reports, and Statistics". www.ibisworld.com. Retrieved 27 October 2020.
- ^ "Energy Queensland Ltd Annual Report 2017-18" (PDF). Energy Queensland Ltd.
- ^ Natural Resources, Mines and Energy (16 February 2012). "Electricity distribution". www.business.qld.gov.au. Retrieved 27 October 2020.
- ^ What’s the deal with energy in regional Queensland?. Canstar Blue https://www.canstarblue.com.au/electricity/energy-regional-queensland/. Retrieved 22 July 2020.
{{cite web}}: Missing or empty|title=(help) - ^ "Queensland businesses 'illegally overcharged' by Ergon Energy". ABC. Retrieved 22 July 2020.
