01.Green no more
Renewable energy retailer Jackgreen Limited (JGL) has gone into voluntary receivership and is suspended from trading on the National Electricity Market (NEM). The move follows NSW-government-owned Integral Energy Australia Limited's application to wind up JGL in the NSW Supreme Court for a debt of about $809,000. JGL’s 70,000 customers in NSW, Queensland, South Australia and Victoria have been transferred to alternative retailers.
If you’re a JGL customer, you’ll receive a final bill from JGL covering the period up to the suspension and your next bill will be from the retailer you’re transferred to, which depends on where you live in the state.
In NSW: EnergyAustralia, Country Energy or Integral Energy.
In Qld: Origin Energy or Country Energy.
In SA: ETSA Utilities for up to three months while you find and select an alternative retailer.
In Vic: Origin Energy, TRUenergy or AGL (The initial transfer to a new provider is temporary. Consumers have three months to decide on a long term provider. If you're transferred to TRUenergy as the default provider, you will be hit with a $65 fee unless you take up a continuing market contract with TRUenergy).
Customers of Jackgreen should also note that their GreenPower subscription will not automatically carry over to their new electricity provider. They'll need to rearrange GreenPower with their new provider or another accredited GreenPower retailer.
You don’t have to take up the default retailer's offer and you should compare offers before signing up with any retailer - especially in Victoria – as the default retailers tend to have pricier plans. Be wary of claims by energy salesmen that switching to another provider is too risky.