ENOVA ENERGY PLACED INTO VOLUNTARY ADMINISTRATION

Australia’s first community-owned energy retailer Enova Energy, has been placed into voluntary administration, due to rising costs.

Around 28 staff at the Byron Bay based facility will be made redundant, as a result of the closure.

Enova hasn’t been able to secure fixed pricing beyond July 1, leaving the business exposed to inflated prices.

More than 13-thousand customers will be given a new provider.

(NO AUDIO)

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