Origin hit by solar and efficiency demand drop

By Tristan Edis

Origin actually breaks the drop in earnings down further attributing $27m of the reduction in sales volumes to warm May and June weather as well as $52m due to more structural changes from uptake of solar PV and energy efficiency with another large chunk due to increased operating costs and loss of electricity customers to competitors.   Overall, earnings per electricity customer were down 23% on the prior financial year.

Read more here: Business Spectator

    

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