The AER has revoked the authorisation of failed electricity retailer COzero Energy Retail Pty Ltd (COzero) from 24:00 Monday 2 July 2018. This follows an order made by the Federal Court for the winding up of COzero and the appointment of a liquidator, which are Retailer of Last Resort events.
The revocation of COzero’s electricity retailer authorisation means that COzero can no longer sell electricity to customers in jurisdictions that have adopted the National Energy Retail Law.
All of COzero’s customers have switched to other retailers. Therefore no customers were affected by COzero’s failure.