Independent energy retailer, ReAmped Energy in Brisbane, has taken the extraordinary step of suggesting its customer’s shop around for better deals warning they could be paying twice as much on their next power bill.
CEO Luke Blincoe said the energy market was “incredibly volatile” and that his company could not guarantee competitive prices in the short term.
“Australian households are already facing cost of living pressures and we don’t want to contribute to this any more than needed, so we are in the unpleasant position of advising customers that they can get better prices with other providers, and they should seek them out as quickly as possible,” he said in a press release (pdf) on May 31….