High gas prices force out NSW retailer Weston - The Australian Financial Review


5/23/2022 12:00:00 AM2 years 11 months ago
by Angela Macdonald-Smith

NSW’s Weston Energy has become the next casualty of soaring wholesale energy prices, losing its gas retailing licence after being put in an “untenable” position.

Several smaller energy retailers have been caught in a squeeze caused by soaring wholesale electricity and gas prices, which has increased the cash needed to satisfy the surety needed to secure their… [+1597 chars]

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