Who owns ActewAGL?
ActewAGL was set up in October 2000 when the Australian Gas Light Company (AGL) and Icon Water Limited (formerly ACTEW Corporation), an ACT Government owned corporation, entered into Australia's first utility joint venture. Today ActewAGL is made up of two partnerships:
- The retail partnership is owned equally by Icon Water Limited and AGL Energy Ltd via subsidiary companies.
- The distribution partnership is owned equally by Icon Water Limited and Jemena Ltd via subsidiary companies.
On 1 January 2018, the part of ActewAGL Distribution that operates and maintains our ACT electricity and gas network changed its name to Evoenergy.
How we operate
ActewAGL Distribution is owned 50 per cent each by Icon Water Limited and Jemena Ltd via subsidiary companies.
ActewAGL Distribution owns and operates the electricity network in the ACT and the gas networks in the ACT, Palerang shires and Nowra, under the brand name ‘Evoenergy’.
Distribution services include asset strategy and planning functions, technical regulatory standards, customer solutions, program development and delivery, and corporate services.
ActewAGL Retail is owned 50 per cent each by Icon Water Limited and AGL Energy Ltd via subsidiary companies.
ActewAGL Retail sells electricity and natural gas, along with managing customer service and marketing functions in a competitive market.
The footprint extends to centres in the south-east NSW region.
The Board of ActewAGL is made up of six members.
The Partnerships Board governs the business of the ActewAGL Retail and ActewAGL Distribution partnerships on behalf of the partners.
As a Distribution Network Service Provider (DNSP), ActewAGL Distribution (AAD) must comply with the Australian Energy Regulator’s (AER) Ring-fencing guideline.
This means that AAD must only provide distribution services or transmission services. It cannot provide any other services, apart from providing corporate services (such as general administration, accounting, payroll, human resources, legal or regulatory, or information technology support services). AAD may provide corporate services to any other legal entity, including related electricity service providers.
In practice, the distribution services AAD provides to its customers are either direct control services or other distribution services. Direct control services are services the AER directly regulates in AAD’s Distribution Determination.
AAD provides direct control services to customers under the brand name 'Evoenergy'.