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QLD Energy Class Action

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23.01.2022 Have you seen the last night's segment on the QLD Energy Class Action? If not, watch it now. https://www.facebook.com/watch/?v=1805628349589797

20.01.2022 After Channel 9's exclusive story last week, thousands of regional Queenslanders have joined the QLD Energy Class Action against Stanwell Corporation and CS Energy. Key points : There is no cost to join, registration is confidential, participation in the class action is anonymous and the class action is fully funded by LCM, an Australian litigation funder... Once registered, group members take a passive role in the litigation If we are successful, economic experts have estimated that participants in the action can expect to have a claim valued at approximately 15% of their annual spend on electricity (energy component of the cost stack) over 5.5 years plus interest. The QLD Energy Class Action has ‘no win, no fee’ style arrangement so you will not be out of pocket by joining the action. All electricity consumers in Queensland are eligible, regardless of who your electricity provider is. Join the class action now!

17.01.2022 Struggling with a power bill? The QLD Energy Class Action seeks reimbursement of electricity costs paid by Queenslanders between 2014 - 2019. Any business or individual who purchased electricity in Queensland are invited to visit our website to obtain more information and register their claim. Joining the QLD Energy Class Action at www.QLDenergyclassaction.com.au is cost and obligation free.... https://www.abc.net.au//thousands-of-australians-/12754032

16.01.2022 Lachlan Lamont, Special Counsel at Piper Alderman said, ‘Businesses and residents of Qld have been paying too much for their electricity for too long. The State’s two coal fired generators, Stanwell and CE Energy have misused their market power to inflate electricity prices throughout Qld. This class action is being advanced on behalf of all Queenslanders who have overpaid for their electricity. If successful, the action will provide compensation electricity consumers for being overcharged and prevent this misconduct from continuing into the future.'

16.01.2022 Lachlan Lamont has been interviewed by Adam Stephen of Australian Broadcasting Corporation (ABC) last week. We invite you to listen to the interview. You can sign up to participate in the QLD Energy Class Action via www.qldenergyclassaction.com.au

16.01.2022 You are eligible to join the class action if you have paid for electricity in Queensland between the 2014 and 2019 period. This action is fully funded by LCM. There is no financial risk in registering for, or participating in, the class action. Piper Alderman Lawyers will not require you to pay any costs. Registration in the class action is confidential and any participation will remain anonymous throughout the litigation. There are only 3 steps, and the registration process takes less than 5 minutes.

13.01.2022 Did you know that there are 2.1m electricity consumers in Queensland? During the QLD Energy Class Action road trip our Team always tries to meet with as many people and business representatives as possible. Since we can’t meet everyone in person, we thought you may want to put a face to the name. Thanks to the Brisbane artist, Brett Lethbridge we would like to take this opportunity to introduce you to our team. Lachlan Lamont, Greg Whyte (in the middle) and Kat Gieras are traveling around the State to promote the action. If you haven’t met them yet, feel free to connect and arrange a meeting or a call. Follow us on LinkedIn in order to receive any updates in the relation to the QLD Energy Class Action.

12.01.2022 Thank you to everyone who signed up to be a part of the action to hold Queensland electricity generators to account. Please share and encourage your friends and neighbours to join. www.QldEnergyClassAction.com.au

10.01.2022 12 January 2017 has been described by the Grattan Institute as a day of games. The figure below shows the five minute dispatch interval price by State for 12 January 2017. In Queensland there were 7 dispatch intervals at or near the market cap of $14,200 per megawatt hour, while most dispatch intervals were around $100 per megawatt hour in the other NEM regions. The Grattan Institute identifies the fact that strategic bidding behaviour is not reflective of supply and demand... conditions but instead indicates a gaming of the system. The Australian Competition and Consumer Commission (ACCC) has conducted an extensive inquiry into electricity prices in Australia. It has observed that on average the coal generators in Queensland set prices 65% to 70% of the time between July 2013 and March 2018. Stanwell and CS Energy are responsible for roughly 70% of the electricity dispatched into the NEM, meaning they yield a significant amount of market power.

09.01.2022 The action seeks reimbursement of electricity costs paid by Queenslanders. Any business or individual who purchased electricity in Queensland at any time between 1 August 2014 and 31 December 2019 are invited to visit www.QldEnergyClassAction.com.au to obtain more information and register their claim.

09.01.2022 The Queensland Energy Class Action seeks reimbursement of electricity posts paid by Queenslanders. If you are a business or individual who has paid for electricity in Queensland at any time between August 2014 and December 2019 you could be eligible to join the class action and claim compensation. Being a fully funded class action it is cost free and risk free to register and participate as a member.

09.01.2022 The QLD Energy Class Action is fully funded and risk free. What does that mean? It means a funder pays all the costs of running the action. It will also pay the defendants’ costs if the action is unsuccessful to ensure group members pay nothing out of pocket. You can become a member by registering your interest on our website.... Why does the funder take all the risk? The funder will receive a percentage of any recovery made out of the claim. If the claim is unsuccessful, the funder takes the entire loss and you as a group member can walk away for free.

08.01.2022 Don’t miss the boat, get on board! More than 27,000 Queensland based businesses and residents have signed on to the QLD Energy Class Action and we are getting ready to file this month. If you, or your business are considering registering, we urge you to do so as soon as possible so you don’t miss out on lodging a claim for compensation. ... Register now! www.QLDEnergyClassAction.com.au

07.01.2022 One Big Switch has joined the QLD Energy Class Action in a bid to drive registrations to a total of 30,000. We received 8000 registrations last week and the current total is 25,700. Once we hit 30,000 we will file the class action in the Federal Court of Australia. If you are willing to register, but haven’t done it yet, we urge you to do so as soon as possible.

07.01.2022 To give you some idea of the scale of the issue in Queensland compared to other NEM jurisdictions, this chart is illustrative. The behavior dropped off a little in 2015 but then became even more prevalent in 2016 and 2017 despite the rule change coming into effect. One of the consequences of the late rebidding is the inflationary effect it had on hedge contracts.... If you have any questions, please feel free to contact our call center on 07 3234 2301.

07.01.2022 We are in the final stage of preparation before we file the QLD Energy Class Action in the Federal Court of Australia. The rate of registrations is increasing every day. Over 500 registrations in 24 hours! Thank you Queenslanders! Thank you Queensland based businesses!... If you, or your business are considering registering, we urge you to do so as soon as possible so you don’t miss out on lodging a claim for compensation. Don’t miss the boat, get on board! Join now! www.QLDEnergyClassAction.com.au

06.01.2022 Queensland Energy Class Action - KEY POINTS LEGAL BASIS - Qld's two largest electricity generators have been abusing their market power to spike energy prices at our expense.... - Piper Alderman's lawyers believe they can prove this is a contravention of Australia's national competition law, specifically s 46 of the Competition and Consumer Act 2010 (Cht). THE DEFENDANTS Stanwell Corporation Ltd and CS Energy Ltd - Two of Qld's largest coal powered electricity generators. - These companies sell electricity to energy retailers like Ergon, who pass the cost through to consumers like you. - Rough estimates indicate energy bills have been illegally increased by 12-16% since 2014. COST FREE, RISK FREE AND HASSLE FREE There is no cost to register - The costs are fully financed by Litigation Capital Management Ltd, an Australian litigation funder. There is no risk to participate in the action - The funder carries all of risks. Registration will take 2 minutes - You do not have to locate your electricity bill to register. - It will assist us if you can provide your electricity account number with your retailer (ie Ergon Account Number) and an estimate of your annual electricity spend. - Other than providing that information, there is nothing further for you to do but await the outcome of the action. Anonymity - Registration in the class action is confidential and any participation will remain anonymous throughout the litigation. - Piper Alderman will take every step possible to ensure your claim remains anonymous. If we are ordered to file a list of claimants with the Court, we will contact every claimant beforehand giving them the option of opting out or continuing with the claim. BENEFITS OF PARTICIPATING Compensation -If you register you will become eligible to receive compensation for being overcharged since 2014. -How much you will recover depends on the amount recovered from the defendants, the funding costs and the legal costs included. However, the settlement is subject to Court approval. - Regardless of the outcome, LCM bears all of the legal costs and risks so there is only upside to consider. Lower future energy costs -This action will highlight the conduct and prevent it from happening in the future. Eligibility -Any business or household that purchased electricity in Queensland between August 2014 and December 2019 are invited to visit our website to obtain more information and to register their claim. -Email [email protected] or call us for free on (07) 3234 2301 if you have any questions.

05.01.2022 After visiting Bundaberg, Cairns, Townsville and Rockhampton, Greg Whyte (in the middle), Lachlan Lamont and Kat Gieras are off and away to #Mackay. We look forward to meeting with Mackay Region Chamber of Commerce and local business representatives to discuss the QLD Energy Class Action. Where should we go next? Any suggestions? ... YOU can participate in the action to receive reimbursement on electricity costs. All Queensland individuals and businesses that purchased electricity between September 2014 and December 2019 can participate in this action to recover compensation. You can make a claim no matter who you purchased your electricity through be that Ergon, Origin, Q Energy or any other electricity retailer. If you had electricity accounts with multiple retailers between September 2014 and December 2019, you can register all accounts. There is no cost to join, registration is confidential and the class action is fully funded by LCM, an Australian litigation funder. How to participate? Registration to participate and further information on the action can be found at: www.qldenergyclassaction.com.au

05.01.2022 https://piperalderman.com.au/piper-aldermans-response-to-t/

03.01.2022 Hi Queenslanders, Stanwell purchased similar domain names to the class action and is redirecting group members to their website and away from our registration portal. We ask you, why do you think they are doing that? Are they trying to confuse group members and prevent them from registering their claim? ... If, as they say, our claim is incorrect, why take steps to limit the number of registrations? It’s time to balance the scales of justice and do the right thing.

02.01.2022 Power price 'ripoff': Chance to join Queensland class action by The Morning Bulletin and The Observer To obtain the full text of the article, visit : https://lnkd.in/g4F7eGN or ... https://www.gladstoneobserver.com.au//power-pric/4060823/|60b6d797e2d0d33791ad6365f74edb47

02.01.2022 Hi Queenslanders, Greg Whyte has been interviewed by Craig Zonca and Loretta Ryan of ABC Radio Brisbane yesterday morning. We invite you to listen to the interview. You can sign up to participate in the QLD Energy Class Action via our registration portal, www.QldEnergyClassAction.com.au ... Feel free to contact us to learn more about the action.