ActewAGL has renamed its electricity and gas networks business Evoenergy, to take effect from 1 January next year.
ActewAGL CEO Michael Costello said Evoenergy would manage the electricity network in the ACT and the gas network in the ACT, Queanbeyan, Jerrabomberra, Bungendore and Nowra.
ActewAGL would continue as the retail brand, which sells electricity and gas to customers in competition with other retail businesses and looks after the billing and customer enquiries.
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The Australian Energy Regulator (AER) published its ring-fencing guidelines on 30 November 2016 which meant ActewAGL’s electricity network business could no longer use the ActewAGL brand from 1 January 2018.
“A reason for the introduction of the AER’s new ring-fencing guidelines is to help avoid any customer confusion between the retail part and the infrastructure part of ActewAGL,” Mr Costello said.
“What customers will experience from 1 January next year is seeing Evoenergy-branded trucks and staff out and about fixing the poles and wires if there’s a blackout.”
While the Gas Networks business doesn’t fall under the AER’s ring-fencing guidelines, Mr Costello said the organisation had made the decision to ensure consistency by also including the Gas Networks business under the Evoenergy brand.
Mr Costello said the new name reflects the fast changing energy sector.
“Our national energy system is on a rapid path of evolution thanks to disruptive technology and our goal of enjoying a low-emissions future. Evoenergy is part of this exciting trajectory,” he said.
“What isn’t changing is our pledge to our customers to provide safe, reliable and high-quality energy services and customer support through Evoenergy and ActewAGL,” he said.