Article 15E69 Renewables agency invests in energy retailer that wants to sell less

Renewables agency invests in energy retailer that wants to sell less

by
Michael Slezak
from on (#15E69)

Arena backs $5m investment in business model that aims to minimise electricity use, partly by pushing solar and batteries

The Australian Renewable Energy Agency (Arena) has backed a $5m investment in Mojo Power, an electricity retailer that helps households consume less energy and is already taking customers in New South Wales.

Related: 'We're 10 years behind the banks': how Australian power giant AGL is playing catchup with the consumer

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