Energy News

    Who we are

    Energy Action is a leading provider of innovative Energy Procurement, Contract Management & Environmental Reporting, and Projects and Advisory Services. As the energy market experts, we are committed to bringing innovation to energy management technology and services, enabling our people to deliver positive environmental and financial outcomes for our clients through the best relationship management, analytics and data integrity.

    We are publicly listed on the Australian Stock Exchange (ASX:EAX) and authorised to provide financial product advice on electricity derivatives to wholesale clients under the Corporations Act AFSL no. 362843. 

    News

    • Energy Action's 2016 results show a 47% increase in net profit over last year, with a 6% increase in revenue. Due to these results, the fully franked final full year 2016 dividend to shareholders is up 73% over last year, at a total of 6.32 cents per share compared to the full year 2015 dividend of 3.65 cents.

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    • It is now a reality that the cost of generating electricity from the sun can compete with traditional sources of power. Add to this equation the breakthrough advances in battery technology, and sustainable, clean and dependable solar power can increasingly become a practical, cost-effective way to meet the businesses demand for energy. A win-win for Australian businesses, right?

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    • Many customers renewing their electricity contracts are experiencing substantial increases. The majority of this is coming from both the electrical energy price (the price for the electricity itself) and from the price of large scale renewable certificates (a subsidy for wind generators). At the same time, distribution network prices (the cost of delivering the electricity) has fallen and is now expected to be largely flat going forward, which is fortunate as for many customers the network component can make up around half of the total bill. This article looks at some of the reasons behind the price behaviour that we have seen over the last year.

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    • The West Australian Minister for Energy recently announced the introduction into the WA Parliament a package of legislation to adopt the national regulatory framework in WA. If the Parliament enacts the Bills, it is anticipated that they will achieve Royal Assent in November 2016.

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