Elysian Energy enters voluntary administration after doubling its electricity prices in June

Australian-based energy retailer Elysian Energy has been placed into voluntary administration, becoming the seventh boutique provider this year to succumb to the global energy crisis.
The move comes less than two months after the solar-based company told their customers to expect prices to increase by more than 100 per cent.

The ABC has contacted Elysian Energy for comment.

An email from Elysian to customers said existing customers would be appointed to a new retailer under the Retailer of Last Resort scheme by the Australian Energy Regulator and Essential Services Commission Victoria.

Read More: https://www.abc.net.au/news/2022-09-01/elysian-energy-enters-voluntary-administration/101394746

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