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Customers

The proportion of customers on standing offers continued to decline in FY24, as customers product swap onto market contracts. Additionally, AGL have ceased selling fixed term contracts within Victoria in FY22 and now exclusively sell evergreen contracts in this market. This has resulted in fewer customers being shifted to standing offers at the end of their term.

FY21

FY22

FY23

FY24

Number of consumer electricity services on standing offers

235,929

339,151

359,778

304,281

Number of consumer gas services on standing offers

158,867

207,413

232,996

187,173

Total number of AGL consumer energy services on standing offers

394,796

546,564

592,774

491,454

Percentage of AGL consumer energy services on standing offers

10.70%

14.17%

15.27%

12.59%

Notes

Data is based on the number of unique consumer energy services.