AGL riding high: gross margin for each of 3,205,600 mass market energy customer, $166.35

AGL riding high: gross margin for each of 3,205,600 mass market energy customer, $166.35, up 7.5pc

First 9 of 9 paragraphs shown  AGL reported regulators'  higher retail electricity tariffs in 2010 has increased its revenues due to  "more appropriate tariff structures".  Retail energy income rose 19.5per cent
  AGL wants the big, wealthy customers:
AGL also reported its "efforts to attract more high value customers" lead had added to the  large rise 2010 in retail earnings
  It's a competitive market, says AGL:  AGL reported high market churn:
  - AGL churn across all markets was 14.7per cent (14.0per cent in the prior corresponding period), 4 ppts below the industry average:
  - In the 12 months to 30 June 2010, industry market churn increased by 1.3 percentage points (ppts), from 17.4per cent to 18.7per cent:
  - AGL reported "Victoria has been confirmed as the most competitive energy market in the world, with average gas and electricity churn rates in excess of 26per cent for the year (Energy Retailers Association of Australian media release, May 2009); and
  - South Australia, Queensland, and New South Wales are also among the most competitive markets in the world.

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(2010-08-31)

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Article in: [Energy User][EWN Publishing][Electricity Week][Electricity QLD]
Article Tags: [ Consumer Issues ][ Retail ][ Energy - Electricity ][ tariff ][ Price ]


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