Energex

Energex is an Australian electric power distribution company owned by the Government of Queensland. It is based in Brisbane and was founded in 1922 as the City Electric Light Co. (CEL). The earliest supply to Brisbane was organised by Barton, White and Co. in 1887 and the Brisbane Electric Supply Co in 1904.[2] From 1977 to 1997, prior to the formation of the National Electricity Market (NEM), the company was known as the South East Queensland Electricity Board (SEQEB), the role of which was to provide electricity to South East Queensland.

Energex
Government owned corporation
IndustryEnergy
PredecessorSouth East Queensland Electricity Board (SEQEB)
Founded1922
Headquarters
26 Reddacliff Street, Newstead, Queensland
,
Australia
Area served
South East Queensland
Key people
Peter Scott (Acting Energy Queensland CEO)
Phil Garling (Energy Queensland Chair)
ProductsElectricity distribution
RevenueA$2,572 million (2015-16)
A$501 million (2015-16)
Total assetsA$12,452 million (2015-16)
OwnerQueensland Government
  • Treasurer
  • Minister for Natural Resources, Mines and Energy
Number of employees
1,907 (at August 2019)
ParentEnergy Queensland
Websiteenergex.com.au
Footnotes / references
[1]

Following the formation of the NEM, the SEQEB was corporatised in 1997, becoming Energex. It established itself as a multi-utility provider, supplying LPG and natural gas in addition to electricity, and expanded its operations into the southern states, and now supplies gas to New South Wales and Victoria.

Up until November 2010, Energex's head corporate office was located at 150 Charlotte Street, Brisbane. The company relocated to a brand new purpose built office building adjacent to Breakfast Creek Road, Newstead, at an old gasworks site. Construction works of the Cox Rayner/BVN Donovan Hill-designed Energex headquarters commenced in June 2008 and were completed in the first half of 2010. The street address of the building is 26 Reddacliff Street, Newstead Qld 4006. As part of the Queensland Government's announcement of the merger and takeover of Energex by Ergon Energy, a parent company - Energy Queensland was formed and commenced operations on 30 June 2016. The new Energy Queensland headquarters is based in Townsville.

Retail operations sale

In 2006, the Queensland Government announced plans to privatise the retail arm of the business and its Allgas distribution network in southeast Queensland. The Allgas Distribution Network was sold to Australian Pipeline Trust for $521 million. The electricity distribution network remains in public ownership.

Sun Retail, the retail arm of Energex, was sold at auction to Origin Energy Ltd for A$1.2 billion.[3] 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.

See also

References

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