Essential Energy - Company Profile
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Essential Energy (Essential Energy) is a state-owned corporation that builds, operates and maintains Australia's electricity network. The company offers sewerage services and water to homes and businesses in Far West NSW. Essential Energy provides services in the area of electricity, water, streetlights and information for life support customers. Its distribution area includes North Coast, Semi-Arid Desert in the Far West, a Grain Belt that crosses Central NSW from north to south, and Alpine Peaks in the South. The company supplies power to residential and business customers of New South Wales, parts of Southern Queensland and Northern Victoria. Essential Energy is headquartered in Port Macquarie, New South Wales, Australia.
Headquarters
Australia
Address
PO Box 5730, Port Macquarie, New South Wales, 2444
Website
www.essentialenergy.com.au
Telephone
61 2 55254500
No of Employees
3,280
Industry
Power
Revenue (2023)
$955.5M
Essential Energy premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Water | Network maintenance |
| Electricity | Network pricing and information |
| Liquefied Petroleum Gas | Lamp recycling |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In February, the company entered into a partnership with AGL Energy to install its first network battery. |
| 2021 | Acquisitions/Mergers/Takeovers | In September, the company acquired DP Lubrificanti Srl, a chemical plant. |
| 2020 | Management Changes | In September, the company appointed Doug Halley, as chairman; Duncan Gay and Vanessa Sullivan as new non-executive directors to its board. |
Competitor Comparison
| Key Parameters | Essential Energy | Energy Queensland Ltd | AusNet Pty Ltd | Aurora Energy Pty Ltd | Ausgrid |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Port Macquarie | Townsville | Southbank | Hobart | Sydney |
| State/Province | New South Wales | Queensland | Victoria | Tasmania | New South Wales |
| No. of Employees | 3,280 | 7,819 | 1,500 | - | 2,836 |
| Entity Type | Government | Government | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Douglas Halley | Chairman | Executive Board | 2020 | - |
| John Cleland | Chief Executive Officer | Executive Board | 2016 | - |
| Charlie Boyes | Chief Financial Officer | Senior Management | 2023 | - |
| Luke Jenner | Chief Operating Officer | Senior Management | 2021 | - |
| Amalie Smith | Chief People Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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