Thursday 1 September 2022 11:46 PM Elysian Energy collapses after begging customers to switch provider as its ... trends now
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An energy provider has been suspended from the national electricity market and will be banned from trading after being placed in voluntary administration.
Elysian Energy, the majority of whose customers are Victoria-based, will be taken off the market from Friday, the Australian Energy Market Operator confirmed.
Insolvency experts Adrian Hunter and Robyn Erskine of Brooke Bird have been appointed as administrators of the company.
Customers of the provider are expected to be transferred to a different provider.
An Australian electricity provider has collapsed.
'Elysian Energy customers do not have to worry about