AGL agl energy limited.

Hang on to your hats.. negative publicity around electricity...

  1. 4,751 Posts.
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    Hang on to your hats.. negative publicity around electricity prices incoming.
    (Not just AGL - ORG is in this as well)

    https://www.abc.net.au/news/2023-06-11/agl-origin-announce-energy-price-rise/102465710

    Following AGL and Origin Energy announced they will pass on higher prices due to inflation and higher wholesale costs to customers on variable rate market contracts.The changes will come into effect in New South Wales, South Australia and Queensland from July 1, and in Victoria from August 1.The price increases for residential properties range from 21 per cent to nearly 30 per cent.

    https://thenewdaily.com.au/finance/finance-news/2023/06/12/electricity-prices-2023-2/
    Australians will be slammed by massive electricity bill hikes in coming weeks, as major players AGL and Origin Energy pass through price increases as high as 29.8 per cent.
 
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