Energex

Energex
Company typeGovernment owned corporation[1]
IndustryEnergy
PredecessorSouth East Queensland Electricity Board
Founded1995 (1995)[1]
Headquarters,
Area served
South East Queensland[1]
Key people
Peter Scott, Chief Executive Officer of Energy Queensland Sarah Zeljko, Chairperson of Energy Queensland[3]
ProductsCommercial and residential energy[1]
RevenueA$5.289 billion (Energy Queensland 2022-23)[4]
Total assetsA$29.2 billion (Energy Queensland 2022-23)[4]
OwnerQueensland Government
Number of employees
7,342 (2019)[5]
ParentEnergy Queensland
Websiteenergex.com.au

Energex is an Australian-based wholly Queensland Government owned electricity company distributing power to 1.5 million homes and businesses in South East Queensland. The boundaries of the company’s distribution area stretch from Coolangatta in the south to Gympie in the north and as far west as the foothills of the Toowoomba range.

Energex’s network includes more than 55,000km of underground and overhead electricity infrastructure servicing city and rural areas in a sub-tropical climate.

As part of the Queensland Government's announcement of the merger of Energex and Ergon Energy, a parent company – Energy Queensland – was formed and commenced operations on 30 June 2016. Energy Queensland's headquarters is based in Townsville.

History

The earliest permanent electricity supplies in Brisbane were provided by Barton, White & Company, from 1887; this became known as Brisbane Electric Supply Company in 1904,[6] and in 1922 was renamed the City Electric Light Company (CEL).

For more than three decades, CEL competed with other electricity suppliers in South East Queensland, especially the Brisbane City Council (BCC) Electricity Supply Department. In 1961, the Queensland government nationalised CEL and merged it with both the BCC Electricity Supply and Toowoomba Electric Light & Power Company. The merged entity was known initially as Southern Electric Authority of Queensland (SEAQ). The organisation, which was the sole provider of electricity in SEQ, was known between 1977 and 1997 as the South East Queensland Electricity Board (SEQEB).

Following the formation of the National Electricity Market (NEM), SEQEB was corporatised in 1997, and renamed Energex then established itself as a multi-utility provider, supplying electricity and LPG and natural gas.

In 2006, Energex sold its gas distribution network (Allgas) in southeast Queensland to Australian Pipeline Trust for $521 million. The electricity distribution network remains in public ownership.

In 2014, a whistleblower made allegations against Energex that prompted a federal parliamentary inquiry into whether data had been manipulated to artificially inflate power prices.[7]

Retail operations sale

Sun Retail, the retail arm of Energex, was sold at auction to Origin Energy Ltd for A$1.2 billion.[8] The sale was formally effected in early 2007.

Origin Energy purchased a customer base of approximately 800,000 from the New South Wales border to a line just north of the Brisbane River (mostly following Kedron Brook), whilst AGL Energy purchased a customer base of the remaining approximately 400,000 customers north from this line to Gympie and the Sunshine Coast.

Full retail contestability since 1 July 2007 allows electricity customers to choose their electricity retailer. About 19 new retailers (including Origin and AGL) have entered into the Queensland market.

Queensland Government Merger Electricity Distribution Businesses

When Labor won the Queensland State election in late 2015, the Government announced that rather than a sale of the State owned electricity assets, the two State distributors, Energex and Ergon Energy would merge into a single entity - to be known as Energy Queensland. This merger was completed on 30 June 2016, however the separate branding of the two distribution companies continue. The corporate head office was located in Townsville, Qld as part of a jobs drive for the North Qld regions.

Energex Service

Energex provides a 24-hour emergency phone service, to report life-threatening emergencies and fallen powerlines on 13 19 62. A loss of supply enquiry line also operates 24 hours a day on 13 62 62. General enquiries can be made via their Contact Centre on 13 12 53 between 7am - 5.30pm Monday-Friday. They also have a Facebook and Twitter feed which is regularly updated, particularly during storm events and other large scale disaster incidents and also community events.

See also

References

  1. ^ a b c d "Our profile". Energex. Retrieved 1 July 2020.
  2. ^ "Contact Us". Energex. Retrieved 1 July 2020.
  3. ^ "About Us". Energy Queensland. Retrieved 1 July 2020.
  4. ^ a b "Annual Report 2022-23". Energy Queensland. 1 July 2023. Retrieved 1 July 2023.
  5. ^ "Annual Report 2018-19" (PDF). Energy Queensland. 30 June 2019. Archived from the original (PDF) on 3 July 2020. Retrieved 1 July 2020.
  6. ^ "Queen's Wharf History | Early Electric Lighting". Retrieved 9 January 2020.
  7. ^ Agius, Kym (3 October 2014). "Energex whistleblower's price inflation claim sparks federal inquiry". ABC News. Australian Broadcasting Corporation. Retrieved 25 November 2021.
  8. ^ "Media release - New dawn for Qld energy market". Energex. Archived from the original on 8 February 2007.

External links

  • Official website
  • Official website (Energy Queensland)
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