10 August 2017
By Tony Pfeiffer
Enova Energy MD

Energy Talks Don’t Promise Real Change

Tony Pfeiffer, Managing Director, Enova Energy

‘Disappointing’, pretty much sums up how I would describe the outcomes of the Prime Minister’s price talks with the major energy retailers yesterday.

‘Wasted opportunity’ might be other words I’d use. Because I fail to see how introducing added layers of compliance such as those proposed by the PM and the big retailers, is going to actually solve the fact that in NSW alone more than 100,000 residential customers can’t pay their bills and have an average electricity debt of more than $500.

Energy must be accessible and affordable for everyone. And in my view, solving that particular problem starts with the way we currently generate energy in this country.

The ‘4 commitments’ by the big retailers will place an unnecessary administration burden and compliance cost on smaller retailers, many of whom are already doing the right thing by their customers, on shoestring operating budgets and with limited manpower.

The ‘4 Commitments’ don’t address the systemic problems faced by the industry which stem from a lack of rigorous control over the way generators operate – which is widely acknowledged as directly affecting energy prices.  

Nor do they go anyway towards facilitating innovation and competition.

Ingenuity is what Australia was built upon. It’s the Government’s role to champion an efficient industry that thrives on healthy competition, by actively encouraging small companies, like Enova Energy, rather than hindering them. These smaller start-ups have nimble, responsive, business models and clever ideas about how energy supply and energy distribution can be done differently, at a community level.

Australia needs a robust energy marketplace that’s not dominated by one or two players. Because such a market would deliver greater transparency for customers and more choice.

The game is changing, but the current playing field is far from level and consumers are suffering. Yesterday’s talks do nothing to change that fact.

The Government needs to stop procrastinating and start to nurture Australia’s transition to renewables too … because it’s happening anyway.

We’re already seeing a groundswell of smaller energy companies harnessing renewables like solar, wind and biofuels, and creating customer-centric supply and distribution channels.

It would be a disaster to see these companies fail over mandated administration and compliance that will do little to actually curb rising prices.

 

For further information contact: Tony Pfeiffer, Managing Director – Enova Energy
E: TonyPfeiffer@enovaenergy.com.au    |   P: 02 5622 1690 

10 August, 2017

Energy Talks Don’t Promise Real Change

‘Disappointing’, pretty much sums up how Enova Energy MD, Tony Pfeiffer describes the outcomes of the Prime Minister’s price talks with the major energy retailers yesterday.
8 August, 2017

PM Talks Hopefully Signal Start of Industry Change

As the Prime Minister holds price talks with the major energy retailers, our local community-owned company, Enova Energy, believes that this is only the starting point for industry change.
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Keeping the Lights On

Since the flood in Lismore, LightnUp Inc., the organisers of Lismore Lantern Parade, has moved to new premises. They now need to address the issue of needing more lights inside their new home for lantern-makers to be able to work in bright, well-lit conditions, but they also need to keep energy bills as low as possible, and are keen to make a contribution to reducing carbon emissions. To help, the organization has called upon local community-owned renewable energy company Enova Energy to help it install solar panels on the roof of the new building.
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Enova increases FIT to 16c

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