Energy Charter cover

CS Energy signs on to The Energy Charter

31 Jan 2019

CS Energy is proud to be a foundation signatory to The Energy Charter – the first whole-of industry initiative to address community expectations about how energy is delivered in Australia.

The Energy Charter was released today following a public consultation period in September 2018.

The charter is the first time that all parts of the energy supply chain have come together and committed to a disclosure framework to help deliver a more affordable, reliable and sustainable energy system for all Australians.

Seventeen businesses are the initial signatories to The Energy Charter, with more energy business expected to follow.

In the video below, CS Energy CEO Andrew Bills outlines why CS Energy signed up to the Energy Charter.

Inaugural Chair of the CEO Council for The Energy Charter, John Cleland (CEO, Essential Energy) said the Energy Charter recognised that the community expects the energy industry to do more on energy affordability and deliver better customer service.

“The energy industry is undergoing a period of tremendous change and energy businesses need to transform accordingly. The Energy Charter provides a framework for the energy industry to work together across the supply chain to deliver energy for a better Australia,” Mr Cleland said.

The Energy Charter is a principles-based disclosure regime that can be applied to all businesses across the gas and electricity supply chains.

Those who commit to the Energy Charter will agree to publicly identify how they are delivering against the Charter Principles and providing positive outcomes for customers. The first business disclosures will be in September 2019.

Accountability is a key part of the Energy Charter with the national consumer advocate, Energy Consumers Australia, to host an independent Accountability Panel to review disclosures and produce an annual evaluation report.

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