General
40,000+ Queenslanders Accuse Companies of Deliberately Inflating Energy Prices
Queenslanders fed up with high power bills have taken matters into their own hands, as Australia’s biggest ever energy class action lawsuit was filed with more than 40,000 registrants.
The lawsuit is being brought against two market-dominating, state-owned electricity generators, CS Energy and Stanwell Corporation, for allegedly manipulating supply to drive up energy prices.
But this isn’t the first time these companies have found themselves in hot water, as back in 2017, former Minister for Energy, Josh Frydenberg, asked the Australia Energy Regulator (AER) to investigate these companies over price gouging claims.
It was reported that the AER had already conducted an investigation, and found…
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